In addition to Dash, there are other good proven masternode coins.
For example, Pivx, Horizen, Firo
Try to combine and diversify traditional POW-mining and launch masternodes for projects you like.
Topic: Masternodes Are better or Mining Rigs and GPU? (Read 97 times)
There are 2 ways of making money. Proof of work and Proof of Stake. Masternodes is similar to Proof of Stake. The upcoming ETH updates will also transition to POS.
What proof of stake means is you need to own the coin to be able to stake it, there is a minimum like 32 ETH or >$160K worth of Dash as you have seen. You can't spend these coins you need to put them up for staking to earn more coins.
Proof of work is mining. You don't need to own the coin to mine the coin. However you need hardware like ASICs or GPUs and you will also need to pay for electricity to power those GPUs. And you join a pool and your portion is generated when the pool finds a block either by you or someone else in the pool. The entry point is much cheaper for POW than POS.
What proof of stake means is you need to own the coin to be able to stake it, there is a minimum like 32 ETH or >$160K worth of Dash as you have seen. You can't spend these coins you need to put them up for staking to earn more coins.
Proof of work is mining. You don't need to own the coin to mine the coin. However you need hardware like ASICs or GPUs and you will also need to pay for electricity to power those GPUs. And you join a pool and your portion is generated when the pool finds a block either by you or someone else in the pool. The entry point is much cheaper for POW than POS.
Master nodes are not mining.
Master nodes are not new, they have been around for years.
BTC is the most mined coin and most valuable by far.
Other than that there isnt a lot to your post. If you want to stake or master node then take it to those forums. This is the Alt coin mining forum.
Master nodes are not new, they have been around for years.
BTC is the most mined coin and most valuable by far.
Other than that there isnt a lot to your post. If you want to stake or master node then take it to those forums. This is the Alt coin mining forum.
Hi guys crypto js vast to get money. Their are now a lot of methods to get money from crypto. One of the them is mining. And I think that Ethereum Is the most mining coin the whole world. If I am wrong the correct me.
So these coins are mined through specific device called mining Rigs and also our PC gaming gpu. But with GPU we earn less as compared to mining Rigs as these are specially designed for mining.
But in the other hand as ceypto grows and evolves a new way called Masternodes came. Here we only have to satke soecifc amount to crypto coins or tokens and than they verify transactions and we see rewards.
But I have confusion that minig rigs are better or these Masternodes. As Dash is the coin whose Masternodes cossts in 160,000 dollars and that js also expensive. But very very promising income can be generated.
So these coins are mined through specific device called mining Rigs and also our PC gaming gpu. But with GPU we earn less as compared to mining Rigs as these are specially designed for mining.
But in the other hand as ceypto grows and evolves a new way called Masternodes came. Here we only have to satke soecifc amount to crypto coins or tokens and than they verify transactions and we see rewards.
But I have confusion that minig rigs are better or these Masternodes. As Dash is the coin whose Masternodes cossts in 160,000 dollars and that js also expensive. But very very promising income can be generated.
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