BitGreen is a cryptocurrency designed for sustainability and energy-efficient transactions. The market cap is $6,910,851 and the 24h volume is $296.
BitGreen blockchain consensus is achieved via Proof of Stake. Investors can leverage their crypto via staking or operating masternodes. Currently there are 2 options to earn passive income and staking rewards with your BitGreen investment as outlined below.
Run a Masternode
- How to stake BitGreen (BITG)?
To stake BITG coins it is recommended to run the BitGreen Core wallet with an entire copy of the blockchain on your Computer or a Virtual Private Server (VPS).
Inside the wallet you can decide to stake your BITG coins or run a masternode if you have at least 2,500 BITG.
To get the highest possible rewards, please make sure to stay online 24/7 and keep the wallet unlocked for staking only.
- How much can i earn staking BitGreen (BITG)?
The individual BITG rewards depend on the relevant blockchain metrics: Block Reward, Block Time, Staked Balance for Stakers and Active Masternodes for Masternode Operators.
Every block one staker and one masternode operator is randomly selected whereas 1 staked coin counts as one “lottery ticket”. The selected staker has the right to create a new block and broadcast it to the network. He then receives the block reward and the fees of all transactions successfully included in this block.
The Block Reward is currently 4.5 BITG, whereas Stakers receive 15% and Masternodes receive 85%.
The next Block Reward halving will occur in June/July 2022 and further every 525,000 blocks thereafter.
In our Staking Calculator, you can play with the above-mentioned metrics to understand the dynamics and create all kinds of reward scenarios.
- Is there any risk to stake BitGreen (BITG)?
Staking BitGreen is safe as long you protect your private keys. There is no risk of slashing.