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Topic: You don't have to mine Crypto to Earn Crypto - Masternodes [MN] (Read 563 times)

jr. member
Activity: 700
Merit: 1
SetupMasternodes.com
launching a cardano ada staking pool shortly... stay tuned!
jr. member
Activity: 700
Merit: 1
SetupMasternodes.com
https://twitter.com/setupmasternode/status/1204060312447664128

Get experts to help you Setup and Manage your Masternodes VPS without any technical work on your end!

Get started: https://SetupMasternodes.com
jr. member
Activity: 700
Merit: 1
SetupMasternodes.com
I have been seeing this sentence - Master node, pop up online but I don't really understand what it means exactly. So in this method what you're going to do is find a wallet that stakes coins and then buy coins and store in that wallet and that's it? You start receiving rewards from the Blockchain? I have also been hearing about staking coins, and I have seen a wallet that rewards people for saving their coins for a year, you get a little percentage… Seems like it is 3% or so. I really need to do some research abort these things though.

We need to spend some money for VPS which is making us to spend out side the crypto space. In my opinion POS concept must be good for the reason of KEEPING all our spending within crypto. I mean for the money we need to spend for VPS under masternode concepts, we may buy some more coins in POS environment. Now, tell me which one got chances to be successful in long run?

the only one that was successful long run was DASH because it's masternode was worth $100,000 or more in value at the All time high of crypto in 2017
1,000 dash coins x (price of coin) = $VALUE OF YOUR MASTERNODE
legendary
Activity: 2338
Merit: 1124
I have been seeing this sentence - Master node, pop up online but I don't really understand what it means exactly. So in this method what you're going to do is find a wallet that stakes coins and then buy coins and store in that wallet and that's it? You start receiving rewards from the Blockchain? I have also been hearing about staking coins, and I have seen a wallet that rewards people for saving their coins for a year, you get a little percentage… Seems like it is 3% or so. I really need to do some research abort these things though.

We need to spend some money for VPS which is making us to spend out side the crypto space. In my opinion POS concept must be good for the reason of KEEPING all our spending within crypto. I mean for the money we need to spend for VPS under masternode concepts, we may buy some more coins in POS environment. Now, tell me which one got chances to be successful in long run?
sr. member
Activity: 784
Merit: 250
DIA | Data infrastructure for DeFi
Masternodes are bringing you some dividends, but I do not see a point in running a masternode that brings you several dollars per day. The only masternode that brings real dividends is the Dash masternode, but you also need to invest like 100k dollars first.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
If ever I can afford to have my dash masternode, I'll have no second thoughts of purchasing it. The initial capital to start your dash masternode is high. It's worth 10 BTC or $107k.

That's a lot of money to me but if I'd ever bought a lot of bitcoin before and I'm eligible to get that MN, I'll take it. $18 daily passive income is a nice amount for doing nothing and dash has a decent volume so it's a safe coin to invest.
In last few days I was doing some search about this that which coins is good for this now today first time reading your this post and now understanding its all about money mean its working like Mine but we not need too many hardware electricity so from today I am joining some masternode site and trying to invest small amount just for experience.
Yes, it's working like mining. You will get rewarded for a certain and eligible amount for that coin you hold. Those good and popular masternodes are too expensive and that's what I like but I have no capacity.

With the lower tier masternodes, be careful because there are projects that are using this algo and strategy to scam investors. It's good if you are doing it for the experience but still you need to be aware of potential scams and DYOR as usual.
jr. member
Activity: 700
Merit: 1
SetupMasternodes.com
don't limit yourself with any kind of crypto

It's all about the long term goals
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
Peers, who has tried mining? How much money did you spend? Was it hard to start? Tell please some hidden stones
A lot of people have already tried to mine crypto and it's not worth with how much money you will spend it to buy the mining rig. For more calculation and you can visit altcoin mining section and some active miners in there already made a calculation about how much they spent to the mining rig and how long their ROI will be.
This will help you a lot and don't rust to put your money in mining when you are not expert about that.
newbie
Activity: 140
Merit: 0
Good luck hope I have helped you
newbie
Activity: 28
Merit: 0
ASIC? And are there any proven places to buy this asic miner and how do they look like?
You can see such equipment on globemining . com. I have personally ordered there my asic miners several month ago
Yeah, I see. And you liked the miner over GPU? Cause I have seen many cheap GPU mining farms, used one.
I really appreciate my purchase. GPU are old and can break down unexpectedly, do not buy. Pay a bigger price but be sure you have invested in a right thing
Ok, gitcha right!
newbie
Activity: 140
Merit: 0
ASIC? And are there any proven places to buy this asic miner and how do they look like?
You can see such equipment on globemining . com. I have personally ordered there my asic miners several month ago
Yeah, I see. And you liked the miner over GPU? Cause I have seen many cheap GPU mining farms, used one.
I really appreciate my purchase. GPU are old and can break down unexpectedly, do not buy. Pay a bigger price but be sure you have invested in a right thing
newbie
Activity: 28
Merit: 0
ASIC? And are there any proven places to buy this asic miner and how do they look like?
You can see such equipment on globemining . com. I have personally ordered there my asic miners several month ago
Yeah, I see. And you liked the miner over GPU? Cause I have seen many cheap GPU mining farms, used one.
newbie
Activity: 140
Merit: 0
ASIC? And are there any proven places to buy this asic miner and how do they look like?
You can see such equipment on globemining . com. I have personally ordered there my asic miners several month ago
newbie
Activity: 28
Merit: 0
ASIC? And are there any proven places to buy this asic miner and how do they look like?
newbie
Activity: 140
Merit: 0
Peers, who has tried mining? How much money did you spend? Was it hard to start? Tell please some hidden stones
Hi, I have tried, and still mine. It cost me a fortune in the past. It was a very long path to what I have got now. I used to rely on GPU miners, lost 20K usd in 2017 to buy this damn bad equipment.
So what is GPU miner? Why it is bad what is better?
Better to buy asic miners. GPU are fragile with low rates of production. No sense in buying this type of equipment.
newbie
Activity: 28
Merit: 0
Peers, who has tried mining? How much money did you spend? Was it hard to start? Tell please some hidden stones
Hi, I have tried, and still mine. It cost me a fortune in the past. It was a very long path to what I have got now. I used to rely on GPU miners, lost 20K usd in 2017 to buy this damn bad equipment.
So what is GPU miner? Why it is bad what is better?
newbie
Activity: 140
Merit: 0
Peers, who has tried mining? How much money did you spend? Was it hard to start? Tell please some hidden stones
Hi, I have tried, and still mine. It cost me a fortune in the past. It was a very long path to what I have got now. I used to rely on GPU miners, lost 20K usd in 2017 to buy this damn bad equipment.
newbie
Activity: 28
Merit: 0
Peers, who has tried mining? How much money did you spend? Was it hard to start? Tell please some hidden stones
full member
Activity: 896
Merit: 236
If ever I can afford to have my dash masternode, I'll have no second thoughts of purchasing it. The initial capital to start your dash masternode is high. It's worth 10 BTC or $107k.

That's a lot of money to me but if I'd ever bought a lot of bitcoin before and I'm eligible to get that MN, I'll take it. $18 daily passive income is a nice amount for doing nothing and dash has a decent volume so it's a safe coin to invest.
In last few days I was doing some search about this that which coins is good for this now today first time reading your this post and now understanding its all about money mean its working like Mine but we not need too many hardware electricity so from today I am joining some masternode site and trying to invest small amount just for experience.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
If ever I can afford to have my dash masternode, I'll have no second thoughts of purchasing it. The initial capital to start your dash masternode is high. It's worth 10 BTC or $107k.

That's a lot of money to me but if I'd ever bought a lot of bitcoin before and I'm eligible to get that MN, I'll take it. $18 daily passive income is a nice amount for doing nothing and dash has a decent volume so it's a safe coin to invest.

Mining bitcoin and masternode, in my opinion the cost is almost the same. Masternode on certain coins requires more than 1 bitcoin while sometimes to build 1 mining rig does not cost 1 bitcoin. I think it depends on the investor, if you prefer bitcoin, then it's better to build the rig
It's not just the only factor that you have to consider. There's also the cost of operation while you are mining bitcoin and in my place it isn't ideal to mine bitcoin either altcoin because of the electricity's expensiveness.

Mining bitcoin is more profitable if we'll try to understand the situation but there's just factors that it isn't ideal for each individual.
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