a lot of voices are voting for 25k now. Dear Community,
what do you think? is 25k a nice consense?
Steve
25K seems fine to me.
--
Outstanding
11,157,250 BSD
50% MN
5 578 625
BLOCK TIME: 6 MINUTES
BLOCK REWARD: 50 BITSEND
-> blocks per month: 30.42 (days) * 24(hours)*10(blocks per hour) = 7300 blocks per month
60% Pos -> 30BSD
80% Pos -> 40BSD
Current BSD/BTC -> 1 BSD = 0.00000445 BTC
Current BTC/US -> 1 BTC = 708 USD
MN colateral, MC count, Pos Blocks per month per MN, BSD for 60% POS (block 200980) , BSD per MN per month 80% Pos (Block 235540), (colateral percent),
5K 1116 6.541 196 BSD (3.92%) -> 0.0008722 BTC -> 0.62 USD per month per MN
10K 558 13.082 392 BSD (3.92%) -> 0.0017444 BTC -> 1.24 USD per month per MN
15K 372 19.623 589 BSD (3.92%) -> 0.00262105 BTC -> 1.86 USD per month per MN
20k 279 26.165 785 BSD (3.92%) -> 0.00349325 BTC -> 2.47 USD per month per MN
25k 223 32.735 982 BSD (3.92%) -> 0.0043699 BTC -> 3.09 USD per month per MN
50k 112 65.179 1955 BSD (3.92%) -> 0.00869975 BTC -> 6.16 USD per month per MN
MN colateral, MC count, Pos Blocks per month per MN, BSD per MN per month 80% Pos (Block 235540), colateral percent
5K 1116 6.541 262 BSD (5.24%) -> 0.0011659 BTC -> 0.83 USD per month per MN
10K 558 13.082 523 BSD (5.24%) -> 0.00232735 BTC -> 1.65 USD per month per MN
15K 372 19.623 785 BSD (5.24%) -> 0.00349325 BTC -> 2.47 USD per month per MN
20k 279 26.165 1047 BSD (5.24%) -> 0.00465915 BTC -> 3.30 USD per month per MN
25k 223 32.735 1309 BSD (5.24%) -> 0.00582505 BTC -> 4.12 USD per month per MN
50k 112 65.179 2607 BSD (5.24%) -> 0.01160115 BTC -> 8.21 USD per month per MN
If we restrict to 1 MN per 1 IP
and if we asume a VPS with fix IP rent cost at least 2 USD per month (or your own electricity and equipment pay off cost that at home and not that fix IP for home are also not for free)
that for everything below that value you are losing money.
Without the 1 MN per IP restriction it doesnt really matters if 5K or 50k however you will spend a big time starting multiple MN on a server.
To be an attractive coin it is recommendable to be able to run just 1 MN on 1 VPS with a profit and not a loss.
For those as heigher the MN colateral the better profit they will have
50k Example user invests in 1 MN (158 USD):
1 MN on 1 VPS -> 6.16 USD - 2 USD = 4.16 USD profit per month -> profit 2.6 % ! each month
25k Example user invests in 1 MN (79 USD):
1 MN on 1 VPS -> 3.09 USD - 2 USD = 1.09 USD profit per month -> profit 1.3 % each month
20k Example user invests in 1 MN (63 USD):
1 MN on 1 VPS -> 2.47 USD - 2 USD = 0.47 USD profit per month -> profit 0.7 % each month
15k Example user invests in 1 MN (47 USD):
1 MN on 1 VPS -> 1.86 USD - 2 USD = -0.14 USD lost per month -> loss of - 0.3 % each month
10k Example user invests in 1 MN (32 USD):
1 MN on 1 VPS -> 1.24 USD - 2 USD = -0.76 USD lost per month -> loss of - 2.3 % each month
5k Example user invests in 1 MN (16 USD):
1 MN on 1 VPS -> 0.62 USD - 2 USD = -1.38 USD lost per month -> loss of - 8.6 % !!!! each month
And that's the reason why a low cost MN isnt good. Your cost to run it eats up everything you earn. And to my knowledge 2 USD per VPS with fix IP is at the lower end.
So that is where the 50K people are coming from and the reason why heigher is better for the situation now.
However as said keep in mind that when the BSD price rises in the future a MN cost can climb heigh and will hurt newcommers. (see old complains in dash about MN price)
But in order to be attractive enough you have to set a heigh enough MN cost or ppl stay out and you never get a BSD price increase except of course BSD has other attractions than POS like it established itself as a currency somehow.
That is a great post!! We have current 400- 550 Masternode. You calculate with 1116 MN. But I think 25K or 50K is a good idea.