Pages:
Author

Topic: Mining vs Masternodes - How do they compare? - page 2. (Read 356 times)

jr. member
Activity: 55
Merit: 1
November 12, 2018, 08:04:55 AM
#5
There is a masternood exchanges. Its only enough to not trust the huge investment on MD systems in my guess.
Very very little exclusive lucky group does good job if they collect the enough coins at start, just like dash.
member
Activity: 893
Merit: 43
Random coins :)
November 12, 2018, 07:52:56 AM
#4
From this brief explanation about the difference between mining and masternodes....

I interpret it that you saying masternodes offer fixed payment rates which solves uncertainty rates that are common with the old ways of mining?

If I was correct, don't you think flexible rates can sometimes mean profitability as in the case of mining.

hero member
Activity: 2660
Merit: 551
November 12, 2018, 07:35:50 AM
#3
Does it mean that Masternodes has a lot of benefits as compare to mining? I mean it looks like it doesn't require you to have a big money to invest to begin with and you're off to go? Sorry for my noob questions but it looks like its a interesting concept. I'm also under the impression that not all coins/tokens are set-up just this?
hero member
Activity: 1316
Merit: 546
Monday Hit Me Every week
November 12, 2018, 03:04:19 AM
#2
Masternode is indeed quite beneficial in terms of the environment, but unfortunately this is not very popular in the community. The fact that many people spend more of their money to buy mining equipment, I don't know for sure the reason? but I think masternode has many risks
newbie
Activity: 269
Merit: 0
November 12, 2018, 12:48:25 AM
#1
I wanted to share the economics and logistics for those who want to know the differences between Mining vs Masternodes and how they compare, and identify the differences between those two.

Masternodes is a newer concept, it started with the release of Dash Masternodes in 2015

With Masternodes, you earn an income on a regular basis based on the Payout structure provided by each independent coin developers. We recommend you research what the Developers have programmed as a payout structure for the particular masternode you wish to run.

The differences between Mining and Masternodes are as follows:
Mining requires Electricity charged at a high cost, and Physical Mining Equipment.
Masternodes requires a VPS, and ownership for the required amount of coins to run a masternode.

Some coins require 1,000 and they can go up to 500,000 coins required to run a Masternode.

When it comes to mining, you do not need to purchase a set requirement of coins, instead, you would put your investment towards hardware that you need.  I hope this gives some insight to this community when it comes to defining Masternodes


Educational piece provided by:
SetupMasternodes.com
Pages:
Jump to: