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  1. #1
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    Raspberry Pi for Staking altcoins

    Has anyone had any experience staking altcoins with a Raspberry Pi? I have done a good amount of research on the Raspberry Pi itself and it is easy to set up and load the Raspbian OS. Coins like Stratis and Neblio can be configured using instructions from their respective sites.

    There is a fairly new company called StakeBox that sells pre-setup Raspberry Pi units with the software ready to begin staking. (some wallet setup is required but very intuitive)
    Neblio
    Pinkcoin
    Reddcoin
    QTUM
    Denarius and a few others.

    I was really interested in Neblio, but with everything I have read it seems like minimum 1000 NEBL to make it worthwhile

  2. #2
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    Quote Originally Posted by michael mroz View Post
    Has anyone had any experience staking altcoins with a Raspberry Pi? I have done a good amount of research on the Raspberry Pi itself and it is easy to set up and load the Raspbian OS. Coins like Stratis and Neblio can be configured using instructions from their respective sites.

    There is a fairly new company called StakeBox that sells pre-setup Raspberry Pi units with the software ready to begin staking. (some wallet setup is required but very intuitive)
    Neblio
    Pinkcoin
    Reddcoin
    QTUM
    Denarius and a few others.

    I was really interested in Neblio, but with everything I have read it seems like minimum 1000 NEBL to make it worthwhile
    Sounds interesting!

    When are you going to take the plunge?

    I want to hear all about it.
    ERC20 Wallet: 0x2ac015DC38006C39A42CbD8648979e29664b831c

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    michael mroz (03-11-2018)

  4. #3
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    I am going to purchase a kit and assemble it and load the Raspbian OS instead of buying a pre loaded Stake Box. I am currently reviewing the various staking coins that are supported on the Pi. Thank you for the interest.

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    SierraRhino (03-11-2018)

  6. #4
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    Quote Originally Posted by michael mroz View Post
    I am going to purchase a kit and assemble it and load the Raspbian OS instead of buying a pre loaded Stake Box. I am currently reviewing the various staking coins that are supported on the Pi. Thank you for the interest.
    I cant wait to hear more about it!

    What do you think your cost per setup will be?
    ERC20 Wallet: 0x2ac015DC38006C39A42CbD8648979e29664b831c

  7. #5
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    The Raspberry Pi 3 kit arrived this weekend. I assembled the case with the board and loaded the OS.
    The kit came with the board, case, HDMI cable, power supply and micro sd card with the OS on it for 62.99 delivered.
    You can get a little cheaper if you already have the HDMI cable and load the OS to the micro sd card yourself from the Raspberry Pi site.
    These units use very little electricity so you can keep them running 24x7 without much cost.

    Now I am deciding between Reddcoin and Deep Onion to begin staking. Reddcoin is really inexpensive and the instructions to set up for staking are pretty straight forward, just not sure if I believe in this project enough. Hopefully will be up and running by the end of this week.

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    SierraRhino (03-18-2018)

  9. #6
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    Awesome! How much in staking coin is it going to cost?
    ERC20 Wallet: 0x2ac015DC38006C39A42CbD8648979e29664b831c

  10. #7
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    I finally decided to go with NavCoin instead of Reddcoin or Deep Onion. I paid $135 for 118 coins. NavCoin gives 5% annually in staking rewards, but apparently also gives a piece of the transaction fees.

    It was not the easiest thing to setup. Of course not all of the vital pieces of information were in the instructions I was using. I struggled for a number of hours trying to login after booting up the Pi with the Nav image. I finally found a site that had tutorials for many topics about NavCoin and was able to get the default password to move forward.

    I sent the 118 coins to the Nav wallet address and they were there pretty quickly. It took a couple of hours for the staking to be enabled, combination of confirmations and maturity, but now they are happily staking!

    This is the link to the tutorials site
    https://navtechservers.com/tutorials/
    This link on steemit is very helfpul
    https://steemit.com/cryptocurrency/@...mational-guide

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    SierraRhino (03-22-2018)

  12. #8
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    I was looking at Reddcoin. What do you like better about NavCoin?
    ERC20 Wallet: 0x2ac015DC38006C39A42CbD8648979e29664b831c

  13. #9
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    I could have gotten over 12,000 Reddcoin for the same price as I paid for the 118 NavCoin. The project is probably good and will be exciting to those who are really into social media. I use social media only to stay on top of Crypto news and keep current, I don't use it the way many other people do.

    NavCoin has been around for a number of years, so maybe not a lot of chance to get that big boost or moon shot. However some of the benefits are it's a private coin and has very fast transactions times, so it could catch on for payments. It hit an all time high of $4.75 in January so still has potential for 4x gains. That was my reasoning for going with NavCoin.

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    SierraRhino (03-25-2018)

  15. #10
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    Well, it was getting very boring waiting for any stake rewards for Navcoin. I flipped the build to Profit Trailer (got the license just in time) and it is a lot more fun.

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