Masternodes have been around for a few years and it turns out that DASH owns 71.67% of the masternode market so there's plenty of room for competitors to move up the ranks and for people to make
TONS OF PROFITNot only this, but some of the yearly returns on masternodes are MUCH greater than that of mining.
Benefits of running a masternode versus mining:
- No need to pay for expensive hardware or electric bills
- More environmentally friendly
- Can be run on almost any computer or laptop
- You have FULL control over the initial coin investment that you need to make
So my question to the community is... why aren't masternodes more popular than mining?
Well, masternodes can be
tricky to set up and it's different depending on which coin you want to run a masternode with.
HOWEVER, a great website I found is
setupmasternodes.com They have a great team that can guide you through each and every step of the process for only $50 right now.
Anyways, I'd love to hear what the community has to say about Masternodes and if you're interested in setting one up yourself!