Staking Pink Coin

So yesterday I put up a post about making a passive income with cryptocurrencies.

See post here
https://steemit.com/steemit/@alexrickard86/is-it-possible-to-earn-a-full-passive-income-from-cryptocurrency

A few people told me to consider staking coins. I've been harvesting NEM for the past 3 weeks and I've harvested about 100 NEM with it, but I've never staked a coin so I thought I'd test it out today.

After looking at a few coins I decided to go with Pink Coin. The price is currently sitting at $0.017 so I bought about $200 worth just to try it out.

I downloaded the wallet and let it sync the blockchain, it didn't take too long about half an hour and bought 0.0879 Btc worth on Bittrex which bought me 10899 pink.

I had to wait for a few confirmations before I could start staking. Didn't take too long about an hour.

When the wallet started staking you can check how much weight you have.

I had about 1300 weight and it said "Chance to stake within an hour 0%"

Now at this point I though "well that was pointless it not going to make anything" but I've noticed my weight is constantly increasing, after a bit of research this is because your coins have to mature or something.

So hopefully that will increase in time and I will actually mint a few coins.

So anyone that's interested how this goes comment below and as time goes on ill comment back on my progress.
I'm just testing the water with this so if your staking Pink Coin yourself please let me know how your doing.

The whole process was very simple.