Hydra is a POS blockchain and emerged out of the combination of Bitcoin, Ethereum and Qtum.
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- How to Stake HYDRA?
Everyone can become a full node in a few clicks and stake HYDRA to help maintain the network. Stakers receive a high economic stream through block rewards, awarded by the blockchain. This ensures the chain is always well-protected against “51% attacks”.
Check out our Step-by-Step Guide on How to Stake HYDRA.
- How much can I earn Staking HYDRA?
Every block yields a reward of 16+ HYDRA (slowly growing over time) to the miner of the block. The more HYDRA you stake, the more blocks you will mine in a given time period.
You can use the Hydrachain Staking Calculator to estimate the average time it will take to mine a block.
If you use staking pools such as the one of Kucoin, you will receive daily rewards. We recommend setting up your own staking wallet if you own more than 500 HYDRA, as exchange pools may take a commission of your rewards.
To further estimate your staking rewards please visit the Hydra Advanced Calculator.
- Any risks to Staking HYDRA?
Hydra chain is based on the proven technology of Bitcoin, Ethereum and Qtum chains. When you stake on your own setup, the actual amount of mined blocks may turn out higher or lower than the estimation (depending on your luck).
Make sure that your staking device has no malware and encrypt your wallet as explained in this guide.