Yup, you read it right, I wrote exactly what I meant to write. Trust me, I thought it sounded insane (or at the very least a bit far-fetched) when I read it at first too. But it turns out, it isn't. It's totally and completely legit. Enough foreplay, let's dive right in, shall we?

What is MHC?

MHC a.k.a. MetaHash Coin is the native currency of the MetaHash network. MetaHash is a blockchain 4.0 technology based network, used for sharing digital assets and a platform where you can create and manage daps and decentralized services in real time. Apparently, MetaHash prays on its speed. According to the MetaHash site, it can handle more than five billion transactions per day, taking no more than three seconds to validate a transaction. In addition to this, the network is protected by a multiPoS consensus algorithm and it also gives the possibility to mine (or in this case forge) MHC. Forging is different to mining, as it doesn't require an expensive gear with insane processing power, but instead it requires a good configuration and some empty hard disk space. But we'll get into that in detail on a different thread.

Staking MHC

Now, let's see the easiest way you can stake and earn MHC. What I have personally found is that by far, the simplest way to earn MHC by staking is to use the exchange platform CEX.io. You can do this by visiting the link I placed for you in the last sentence and create an account. You will need to verify the account in order to buy/deposit/withdraw crypto and fiat, but it's a fairly simple and easy process, a lot easier than some of the sites out there. You can do this by verifying with and ID, Passport or a Driving Licence. Now, we have gotten to the 3rd and most important step. Buy/Deposit MHC. ...That's it, you are all set. It's really that simple, I shit you not. You just buy the MHC, leave it on the exchange, and at the beginning of every month, your earnings will be automatically transferred and added to your balance. The only requirement to stake on CEX.io is to hold at least 10 000 MHC on your account. 10 000 MHC equals to roughly 20.25 Euro or 23.37 USD (15.04.2020). You can withdraw your MHC at any time to a destination of your choice, a wallet or an exchange, since your coins are not frozen, as well as use them for trading at any time. And yes, the staking reward on a yearly level is really 20%, which is pretty much the highest one there is out there. Plus, since your earnings are transferred and automatically staked every month as well, the yearly earnings would in fact equal to quite a bit more than 20%, almost 25% earned yearly, instead of the original 20%.

Is MHC a good Investment?

Good question. Let me consult my future telling beans and I'll be right with you in a second with the answer.

But on a serious note, MHC at the moment has a market cap of 4 017 287 € or $4,457,246 for you all of you Yankees out there. Now that's not a lot. In fact, it's not even close to a lot. But you know what? It's constant. And if you take a look at the graphs, you'll see that the 24 hour trading volume is consistently higher than the market cap the coin has. Which means its liquidity is very high (this is a good thing). The price of the coin itself isn't too bad either, it peaked about a year ago, and since then it has been mostly trading withing some reasonably stable margins. In fact, looking at the latest price changes of bitcoin and all the other altcoins out there, I am surprised at how well MHC is performing. As a matter of fact, I (and anyone with half a financial brain) don't see this changing for worse any time soon, with the adoption growing and the altcoin current price trends to go up once the crisis clears up. Worst case scenario, the MHC price stays the same, at the end of the year if you invested all of your money into MHC (don't do this) you are 20-25% richer. Not a bad bargain as far as risky investments go.

Anyways, that's about all I have to present on the matter. So, what the hell are you still doing here? Throw in that tip, head to CEX.io and stake like your motherloving life depended on it.

Stay cool and good luck.