How many to staking gl and how to staking gl or how to withdraw gl?

Author:admin

      Staking is a mechanism that will allow you to manipulate your estimated time to win.

      Staking the default is 20.05 ,For example, you have 100T, if you do not staking, it is approximately equal to 4.9875T; if you staking 100GL, it is equal to 100T,if miner stake 1000GL,approximately equal to 169T, this is your personal difficulty. the simplified formula will look like this your personal difficulty x estimated time to win:  https://chiaforkscalculator.com/gold

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Here you have to input two variables

Staking amount: the amount of GL that is or will be in your GL staking wallet address

Plot Size: amount of your plots in TiB

The output is your difficulty factor, in my case 0.941

So now let's use the simplified formula to calculate our real estimated time to win.

Difficulty factor x estimated time to win = real estimated time to win 

In my case that would be 0.941 x 4 hours = 3.764 hours to win a block,24 hours about 6.37GL

 

   Buy GL for staking Gold! You need 1 GL for 1 TB of your  Gold farming Netspace.

 p.s. On our farm 174TB, without staking we receive 1 coin for 3 days, with staking 5-6 coins for 1 day. Please see screenshots



So, how to Stake gl ? how to withdraw gl?

1.Windows

Enter the amount that you want to stake in the tab of Stake then click STAKE to confirm. If you need to withdraw your gl, just click WITHDRAW. That is it.

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2.Linux

   Linux staking https://github.com/goldcoin-gl/gold-blockchain 

  (1): Query the staking addresses according to your farming plot list:    

      $ gold farm summary

       ...

      Staking addresses:

      gl1x6jjvepyvjv7395nmtywvx9mknshgy78dsmuu38m0e9grxr080nsltjugr (balance: 0, plots: 27)

       ...

   (2):Deposit coins to the staking address:            

       $ gold wallet send -t gl1x6jjvepyvjv7395nmtywvx9mknshgy78dsmuu38m0e9grxr080nsltjugr -a 1

     

       Wait for the transaction get confirmed, query staking balance again:       

       $ gold farm summary

       ...

       Staking addresses:

       gl1x6jjvepyvjv7395nmtywvx9mknshgy78dsmuu38m0e9grxr080nsltjugr (balance: 1, plots: 27)

       ...

    (3): Withdraw coins from the staking address:

        $ gold wallet send_from -s gl1x6jjvepyvjv7395nmtywvx9mknshgy78dsmuu38m0e9grxr080nsltjugr -t $RECEIVER

        Do a transaction to transfer the coins from the staking address to any receive address.

        Make sure to choose the wallet that contains the plot farmer key.


      How to recovery from nft

         $ gold wallet  recover_pool_nft --contract-hash $CONTRACT_ADDRESS --launcher-hash $LAUNCHER_ID -f $FINGERPRINT

       How to get $CONTRACT_ADDRESS and $LAUNCHER_ID

         $ chia plotnft show