How staking of Silicoin network works?

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

Without staking the default is 20,5, this is your personal difficulty. the simplified formula will look like this your personal difficulty x estimated time to win.

First, we need to calculate how much our personal difficulty is by going to this tool:

Here you have to input two variables

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

Plot Size: amount of your plots in TiB

The output is your difficulty factor, in my case 3,398

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 3,398 x 3 hours = 10,2 hours to win a block

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