Masternodes/POS the future of mining? - page 4.

Chikito

legendary

Activity: 2366

Merit: 2054

Quote from: [email protected] on May 02, 2019, 09:15:28 AM

Quote from: JeffBrad12 on May 02, 2019, 08:55:51 AM

Quote from: [email protected] on May 02, 2019, 07:30:31 AM

Which Masternodes do you guys recomment?

You just need to search for a masternode which required a lot of money. A famous masternodes coin means if you can get a lot of emission from your MN. A lot of MN coins but only some like DASH, PIVX, Zrcoin are preferable to consider the fact that those medium masterondes coins give you a little emission and it's too risky.

So spend money to make money over time, its that type of thing?

yeah, you ask the question and cynicism word answer you type.
that's mean masternode/pos work add your balance to get alot stake for competition, small balance you have and small stake you get in

libert19

hero member

Activity: 2520

Merit: 952

Quote from: cryptomaxsun on May 02, 2019, 01:37:23 PM

No, the future is not for the POS and the masternodes, they will never replace the POW-mining.
Masternode in such a way as it is there will simply die out, now it is observed.
Pos takes its small part, no more.

Pow will probably get obsolete soon, you know this pow mining takes a lot of electricity. Ethereum is switching to PoS soon as well.

hahahafr

hero member

Activity: 938

Merit: 501

I agree with you perfectly that Proof-of-Stake consensus is actually the future of mining cryptocurrencies because of the low energy consumption and the low cost in setting up a masternode. You sure have to get your eyes opened when investing in them because there are a whole lot of scam masternodes out there.

cryptomaxsun

legendary

Activity: 2744

Merit: 1387

Ukrainians will resist

No, the future is not for the POS and the masternodes, they will never replace the POW-mining.
Masternode in such a way as it is there will simply die out, now it is observed.
Pos takes its small part, no more.

Tmdz

hero member

Activity: 1008

Merit: 1000

You have to choose wisely when picking a MN coin, only go for the ones that have great devs on board building a solid project.

Currently I have a Pirl master node and I gpu mine them as well.
The MN cost about $550 and make $20 a month

So it's about the same as buying a gpu to mine take or give but with a healthy market those coins can really take off and the profit on them can be huge in that case. It is a way to hodl and earn at the same time

[email protected]

newbie

Activity: 29

Merit: 1

Quote from: JeffBrad12 on May 02, 2019, 08:55:51 AM

Quote from: [email protected] on May 02, 2019, 07:30:31 AM

Which Masternodes do you guys recomment?

You just need to search for a masternode which required a lot of money. A famous masternodes coin means if you can get a lot of emission from your MN. A lot of MN coins but only some like DASH, PIVX, Zrcoin are preferable to consider the fact that those medium masterondes coins give you a little emission and it's too risky.

So spend money to make money over time, its that type of thing?

JeffBrad12

hero member

Activity: 2954

Merit: 533

Leading Crypto Sports Betting & Casino Platform

Quote from: [email protected] on May 02, 2019, 07:30:31 AM

Which Masternodes do you guys recomment?

You just need to search for a masternode which required a lot of money. A famous masternodes coin means if you can get a lot of emission from your MN. A lot of MN coins but only some like DASH, PIVX, Zrcoin are preferable to consider the fact that those medium masterondes coins give you a little emission and it's too risky.

[email protected]

newbie

Activity: 29

Merit: 1

Which Masternodes do you guys recomment?

Google+

hero member

Activity: 2464

Merit: 550

Leading Crypto Sports Betting & Casino Platform

Quote from: Gabteb on May 02, 2019, 04:42:31 AM

If its a normal project POS is good but if its a master node os POS which promise thousands of $ just after month then no for example DeepOnion which is hybrid with pow/pos works perfect with pos its realy make you profit not 1000 of $ but there is and we mustnt expect big earnings from pos or master node we need see pos as one of way of working alternative for pow just sometimes people think they must buy master node and be millioner at once.

currently projects that use POS technology are still a few that are successful, some new POS projects are many that are unsuccessful because they see POS / POWs that are difficult to develop and fewer requests make POS technology rarely interested.

Gabteb

sr. member

Activity: 812

Merit: 256

If its a normal project POS is good but if its a master node os POS which promise thousands of $ just after month then no for example DeepOnion which is hybrid with pow/pos works perfect with pos its realy make you profit not 1000 of $ but there is and we mustnt expect big earnings from pos or master node we need see pos as one of way of working alternative for pow just sometimes people think they must buy master node and be millioner at once.

Denongels

full member

Activity: 812

Merit: 100

In my opinion mining through POW for now is less promising because of the price decline and also the diff which has not yet dropped, and for the post itself masternode does have an advantage because it only has vps but the postal problem requires a number of coins (minimum 1000 thousand coins) to do masternode and of course the price is not cheap but the profit that is obtained if I think is better masternode

JohnMinelli

newbie

Activity: 41

Merit: 0

I suggest www.Coinshoarder.net to manage your pos address or mn. It's great to monitor payment and status of node without give out your private key (discord/Telegram/mail notification). Also you can ask to add the coin you want

CryptoLing

member

Activity: 493

Merit: 28

Quote from: ?? on ??

Quote from: CryptoLing on April 30, 2019, 07:22:09 AM

Quote from: ?? on ??

Quote from: CryptoLing on April 30, 2019, 02:02:38 AM

Quote from: ?? on ??

To buy a master node of a normal project you need to have a lot of money, and it is not the fact that you will return the invested funds!

I know a lot good normal project that has master node feature is cost less than $100 and it's a decent project not shit coin. You may get return from your fund and even make profit in the future, just run your node 24/7.

Very interesting! Give at least one example, please! I want to look at these super new shitcoins! Grin

I don't want to shill any project, but you can search it on here, I know around 3-4 good projects that require under $100 to buy the MN and the development is still running.

Well, how much profit can you make every month by purchasing a master node for $ 100? And do you have confidence that in the future it will be in demand?

The profit is not big of course because I only use small capital, but some of the nodes already BEP which give me 100% of my initial funds. Of course I have confidence, if not why did I buy them in the first place.

CryptoLing

member

Activity: 493

Merit: 28

Quote from: ?? on ??

Quote from: CryptoLing on April 30, 2019, 02:02:38 AM

Quote from: ?? on ??

To buy a master node of a normal project you need to have a lot of money, and it is not the fact that you will return the invested funds!

I know a lot good normal project that has master node feature is cost less than $100 and it's a decent project not shit coin. You may get return from your fund and even make profit in the future, just run your node 24/7.

Very interesting! Give at least one example, please! I want to look at these super new shitcoins! Grin

I don't want to shill any project, but you can search it on here, I know around 3-4 good projects that require under $100 to buy the MN and the development is still running.

mak013

hero member

Activity: 2548

Merit: 769

Quote from: ?? on ??

To buy a master node of a normal project you need to have a lot of money, and it is not the fact that you will return the invested funds!

There are lots of "Shared node" services. In such a way you can choose not full MN of a perspective project but a part of it with the same profit. Also you can make your "invest plan" in several MN.

But as for me - nowadays MN looks like as a lottery.

CryptoLing

member

Activity: 493

Merit: 28

Quote from: ?? on ??

To buy a master node of a normal project you need to have a lot of money, and it is not the fact that you will return the invested funds!

I know a lot good normal project that has master node feature is cost less than $100 and it's a decent project not shit coin. You may get return from your fund and even make profit in the future, just run your node 24/7.

dentolas

member

Activity: 854

Merit: 12

arcs-chain.com

This is an old and interesting discussion. Both systems have their own pros and cons. Concerning POS, I see mainly 2 major problems that are not solved with adoption/increasing number of masternodes:
- the fact that people with more money can have a better position, in the end this might turn into oligarchy...
- the fact that your investment is the coin alone versus the POW investment that involves hardware. This would affect the value and solidity of the network as it is fairly easy for an investor to sell it's coins and run while on the POW you have machinery
I'm getting very interested in some hybrid systems that combine both systems Grin

CryptoLing

member

Activity: 493

Merit: 28

Quote from: CryptoKush on April 29, 2019, 04:30:20 PM

Yes. I think that this kind of mining has a perspective. More and more new projects are starting to use this. Probably in the future, PoW will lose popularity and most coins will use PoS.

I don't get this, why one day PoS will overtake PoW. PoW is much fair in initial distribution than PoS and yes for now maybe PoW consume a lot of energy, but if someday PoW consume sustainable energy do you think is still bad. I'm also sure that PoS is much more vulnerable to get 51% attack.

poodle63

hero member

Activity: 2702

Merit: 510

Leading Crypto Sports Betting & Casino Platform

Quote from: CryptoKush on April 29, 2019, 04:30:20 PM

Yes. I think that this kind of mining has a perspective. More and more new projects are starting to use this. Probably in the future, PoW will lose popularity and most coins will use PoS.

We have faced the problem with global warming and the mining gives a significant contribution to the production of electricity that will give a big impact to the pollution. The dev was trying to search an alternative way to the mining crypto use hardware wallet and the answer should be POS or masternode.

CryptoKush

full member

Activity: 630

Merit: 101

Yes. I think that this kind of mining has a perspective. More and more new projects are starting to use this. Probably in the future, PoW will lose popularity and most coins will use PoS.

Topic: Masternodes/POS the future of mining? - page 4. (Read 1546 times)