The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Unlike Bitcoin, Qtum (Quantum Chain) uses PoS (Proof of
Stake) equity proof mechanism, which does not require the use of mining machines for mining. Strictly speaking, the PoS mechanism is not considered "mining". It does not require a large amount of computing resources. You only need to download a full-node wallet, become a node of the Qtum network, and deposit a certain amount of Qtum coins into the wallet. You will have the opportunity to help the Qtum network confirm transactions and package blocks, and get some Qtum currency rewards. The process of obtaining this virtual currency reward is called PoS "mining".

Let’s take a look at the estimated revenue first. You can use the tool on this website to see the estimated revenue:



Assuming that 10,000 Qtum are invested, it is expected that the income will be 674 Qtum in a year. 6.74% seems to be unable to beat GDP, but if this income really exists, if you are really optimistic about Qtum,
For something that can increase in value in the long term, this rate of return is not bad.

Qtum currently has more than 1,000 full nodes distributed in 57 countries. Compared with Bitcoin’s 10,000 full nodes, Qtum’s current mining competition is not great. You will not lose anything by storing it in your wallet and automatically mining. It is worth trying. .

Step 1: Download wallet



In Quickstart, find the installation file you want to download based on your device. For the Mac I use personally, I can only use the Mac version for display, but the differences are similar.

Qtum will release a mobile version of the wallet at the end of the year. At that time, you can download the mobile version and mine directly on your phone....

After downloading, make sure your computer has sufficient hard disk space. Currently, you need to prepare more than 2GB. Note that the full-node wallet will become larger and larger as the number of transactions on the Qtum network increases.

Step 2: Install wallet

When installing the Mac version, a prompt will appear: Non-certified developers cannot open it.

Solution: Find the Qtum Core icon in Application, right-click Open, and confirm to open it.

If the Internet speed is fast, it can be downloaded in a few minutes:

Step 3: Encrypt the wallet

After installing the wallet, don’t be in a hurry to deposit coins into it. Set a password (Passphrase) for the wallet first.

Select Encrypt Wallet in Settings.

Be sure to think of a unique password that you won't forget. It is best to type it in plain text first and then copy it.

Personal experience: I tried to recharge 2 coins first, and then set the password, and entered it twice to confirm. After setting the password, I couldn't unlock it!!! I forgot the password just after setting it, and I was drunk. . In fact, I haven’t forgotten the password. I don’t know if I even pressed the wrong password, and I can no longer unlock the wallet. It’s unfair to lose 2 coins for no reason.

When playing with virtual currency wallets, you are destined to lose more or less coins sooner or later. This is a lesson!

Step 4: Try wallet deposit

Click Receive, Request payment, and a new address will be generated.

Or you can see the existing receiving addresses in File, Receiving addresses:

Then withdraw the coins from the exchange to the wallet. It is best to try it first with a small amount of one or two coins.

Transfers on the Qtum network are extremely fast and arrive in just a few seconds. A handling fee of 0.01 will be deducted for 2 Qtums.

Step 5: Back up wallet

Select File, Backup Wallet, and export a file in dat format. This wallet file can be used with the wallet password to restore the wallet. Be sure to back it up and save it.

Step 6: Export the private key

Refer to this article for private keys everywhere:



It is best to disconnect from the Internet and turn off the wifi first.

Then enter in Help-Debug window-Console:

"walletpassphrase <password you set> <limited number of seconds allowed to open the wallet>"

Remove the double quotes and parentheses and keep the spaces. Returns null if successful.

Enter now:

"dumpprivkey <your address>"

That is to say, a private key is generated for this address. Qtum means that one address corresponds to one private key. After the private key comes out, you must find a way to save the private key, and then you must clear the command line code. If the private key is leaked, then nothing is lost...

Step 7: Collect coins and wait

After backing up the wallet file and address private key, you can almost safely deposit coins into it.

You will find that you still cannot perform Staking mining. When you put your mouse over the lightning icon in the lower right corner, it will prompt: Not Staking because you don't have mature
coins.

Once you deposit Qtum coins, you will not be able to participate in PoS immediately. You need to wait for a period of time. After your coins "mature", they will be mined automatically.

It will take 500 blocks for the currency to mature. Qtum’s average block time is 1-3 minutes, which means it will take a few days, so just wait and see.

For PoS mining, to unlock the wallet, check the For staking only option.

Step 8: Wait