ZENcash masternode | Bitcointalksearch.org

Zendalet

member

Activity: 210

Merit: 12

Quote from: NemanjaMBL on November 29, 2017, 03:46:00 AM

Quote from: Zendalet on November 17, 2017, 09:51:27 AM

I found a thread on Reddit with some more details about ZenCash secure nodes as they are called.

https://www.reddit.com/r/ZenSys/comments/7adblp/how_do_i_set_up_a_zencash_masternode_and_what_are/

Every 2.5 minutes 0.5 ZEN is shared among all node operators. Since the creation of thread the rewards are a bit lower because there are now over 700 nodes that all have to share the reward.

42 ZEN is about $924 now. The price of ZenCash was boosted from $7 to $26 last month because of a Palm Beach Letter, whose effect may wear off in a few weeks. If you buy the 42 ZEN now and we assume the price goes down to $7 in the coming weeks and the number of nodes rises to 1000 you will earn about $2 a day. Your $942 worth of ZEN is now worth $294. That means it will take 315 days to earn back your $630 loss and another 30 days to pay the server rent at about $5 a month for a year.

... based on how confident you are we might as well take a bet against a future price of zen

You'd also be betting against freak events like Dash pumping like it was Arnold Schwarzenegger in 1977. I mean, who saw that Palm Beach Letter with a Zen recommendation coming a few months ago?

baga105

sr. member

Activity: 362

Merit: 250

Quote from: sebastianpenguen on December 02, 2017, 03:14:42 PM

Quote from: RandyMagnum on November 24, 2017, 08:19:17 AM

Quote from: adam1230 on November 24, 2017, 08:00:36 AM

how much a masternode can generate per day or per month?
Is there a calculation website for being a masternode for zencash? i will think to build a masternode for zencash

About 2.5 mins a new block is added to the block chain. When this happens there are 12.5 new zencash created. 10.6 zencash go to the miners; 1.4 go the Zen foundation for development and advertisement; and .5 Zencash will go to the node operators.

Where can we get detailed information about setting up a zencash masternode? I couldn't find numbers and reqiurements. I want to start a business in zencash masternode structure.

There are informations on their Twitter account.

sebastianpenguen

sr. member

Activity: 308

Merit: 250

Quote from: RandyMagnum on November 24, 2017, 08:19:17 AM

Quote from: adam1230 on November 24, 2017, 08:00:36 AM

how much a masternode can generate per day or per month?
Is there a calculation website for being a masternode for zencash? i will think to build a masternode for zencash

About 2.5 mins a new block is added to the block chain. When this happens there are 12.5 new zencash created. 10.6 zencash go to the miners; 1.4 go the Zen foundation for development and advertisement; and .5 Zencash will go to the node operators.

Where can we get detailed information about setting up a zencash masternode? I couldn't find numbers and reqiurements. I want to start a business in zencash masternode structure.

sverrir

newbie

Activity: 17

Merit: 0

How much does a secure node earn per month ?

Tosyn2

member

Activity: 566

Merit: 10

Do anybody know how to set up the mastermode i have been trying it to no avail.

Ivana3

newbie

Activity: 2

Merit: 0

Very interesting concept. I guess the real challenge to run a secure node is to have a SSL certificate ?

winiets

newbie

Activity: 40

Merit: 0

It's no masternode but secure node.
Yes they are on mainnet since nov. 30
The first two weeks are without payout.
I think that the price of zen and the amount of zen needed for a node will rise soon.

MinerJLM

newbie

Activity: 32

Merit: 0

masternode is alive?

or still in testnet?

where i can get more informations about number os mn's and reward ?
Thanks

NemanjaMBL

newbie

Activity: 1

Merit: 0

Quote from: Zendalet on November 17, 2017, 09:51:27 AM

I found a thread on Reddit with some more details about ZenCash secure nodes as they are called.

https://www.reddit.com/r/ZenSys/comments/7adblp/how_do_i_set_up_a_zencash_masternode_and_what_are/

Every 2.5 minutes 0.5 ZEN is shared among all node operators. Since the creation of thread the rewards are a bit lower because there are now over 700 nodes that all have to share the reward.

42 ZEN is about $924 now. The price of ZenCash was boosted from $7 to $26 last month because of a Palm Beach Letter, whose effect may wear off in a few weeks. If you buy the 42 ZEN now and we assume the price goes down to $7 in the coming weeks and the number of nodes rises to 1000 you will earn about $2 a day. Your $942 worth of ZEN is now worth $294. That means it will take 315 days to earn back your $630 loss and another 30 days to pay the server rent at about $5 a month for a year.

... based on how confident you are we might as well take a bet against a future price of zen

RandyMagnum

sr. member

Activity: 662

Merit: 250

Quote from: adam1230 on November 24, 2017, 08:00:36 AM

how much a masternode can generate per day or per month?
Is there a calculation website for being a masternode for zencash? i will think to build a masternode for zencash

About 2.5 mins a new block is added to the block chain. When this happens there are 12.5 new zencash created. 10.6 zencash go to the miners; 1.4 go the Zen foundation for development and advertisement; and .5 Zencash will go to the node operators.

fasaao

newbie

Activity: 1

Merit: 0

So far we have around 800 nodes in total. How much you will get monthly directly is determined by the number of nodes in system, all nodes will get equal share 3.5% of every mined block, if conditions are satisfied.

https://securenodes.eu.zensystem.io/
https://zennodes.network/

Ues this calculator http://zen.lebre.net/
5000 is expected number of nodes but you can play with numbers between 1000 and 5000 nodes.
Price per VPN is around 5$ maybe litle more.

If there will be 1000 nodes as i used for example, and price per zen is 30 USD then it will be like this:

Monthly Reward per Secure Node (100% uptime): 7.56 ZEN

Value in USD: 226.80$

Monthly Profit in USD: 221.80$

Annual Profit in USD: 2661.60$

Annual Profit in ZEN:: 88.72 ZEN

Annual ROI in Zen: 211.24%

adam1230

legendary

Activity: 1218

Merit: 1001

how much a masternode can generate per day or per month?
Is there a calculation website for being a masternode for zencash? i will think to build a masternode for zencash

GayOfThrones

full member

Activity: 479

Merit: 103

Quote from: mattaero on November 21, 2017, 03:28:30 PM

Quote from: Zendalet on November 17, 2017, 09:51:27 AM

I found a thread on Reddit with some more details about ZenCash secure nodes as they are called.

https://www.reddit.com/r/ZenSys/comments/7adblp/how_do_i_set_up_a_zencash_masternode_and_what_are/

Every 2.5 minutes 0.5 ZEN is shared among all node operators. Since the creation of thread the rewards are a bit lower because there are now over 700 nodes that all have to share the reward.

42 ZEN is about $924 now. The price of ZenCash was boosted from $7 to $26 last month because of a Palm Beach Letter, whose effect may wear off in a few weeks. If you buy the 42 ZEN now and we assume the price goes down to $7 in the coming weeks and the number of nodes rises to 1000 you will earn about $2 a day. Your $942 worth of ZEN is now worth $294. That means it will take 315 days to earn back your $630 loss and another 30 days to pay the server rent at about $5 a month for a year.

I mean that would be a fantastic return, even if it went down. At $2 per day, that's ~$730 per year. That means if you bought in at $7, you are making like 300%, or if it stays at ~$22, you are making ~80%. In either situation, if you truly are a hodler and not a speculator, then that is amazing. Only a few masternode coins pay over 80% and most have horrifically low volume so its not really a good indicator.

As soon as I take my profits from a couple of my icos, I will still be buying into Zen. (again). I foolishly sold after mining like 300 coins when it first came out :/.

Yeah, I also foolishly sold some of mine and now I don't have enough for a masternode. Will have to find the monies to rebuy....

Zendalet

member

Activity: 210

Merit: 12

True, ZenCash isn't comparable to a useless, formerly dead coin like ChainCoin which was pumped from 7 cent to 7 dollar, and quickly back to 12 cents again. Just imagine how much a ChainCoin masternode at the ATH price must have cost: 1000 coins were required.

civilufo

sr. member

Activity: 375

Merit: 250

Quote from: Zendalet on November 23, 2017, 07:06:10 PM

A word of warning then. A lot of masternodes started out extremely profitable, but then the law of supply and demand kicked in driving the number of nodes up and the ROI down. If you bought in at the low then it's all good of couse.

A good advice, but among the coins with masternode, zencash is one of the reliable coin, worth a try.

Zendalet

member

Activity: 210

Merit: 12

A word of warning then. A lot of masternodes started out extremely profitable, but then the law of supply and demand kicked in driving the number of nodes up and the ROI down. If you bought in at the low then it's all good of couse.

mattaero

jr. member

Activity: 178

Merit: 2

Quote from: Zendalet on November 17, 2017, 09:51:27 AM

I found a thread on Reddit with some more details about ZenCash secure nodes as they are called.

https://www.reddit.com/r/ZenSys/comments/7adblp/how_do_i_set_up_a_zencash_masternode_and_what_are/

Every 2.5 minutes 0.5 ZEN is shared among all node operators. Since the creation of thread the rewards are a bit lower because there are now over 700 nodes that all have to share the reward.

42 ZEN is about $924 now. The price of ZenCash was boosted from $7 to $26 last month because of a Palm Beach Letter, whose effect may wear off in a few weeks. If you buy the 42 ZEN now and we assume the price goes down to $7 in the coming weeks and the number of nodes rises to 1000 you will earn about $2 a day. Your $942 worth of ZEN is now worth $294. That means it will take 315 days to earn back your $630 loss and another 30 days to pay the server rent at about $5 a month for a year.

I mean that would be a fantastic return, even if it went down. At $2 per day, that's ~$730 per year. That means if you bought in at $7, you are making like 300%, or if it stays at ~$22, you are making ~80%. In either situation, if you truly are a hodler and not a speculator, then that is amazing. Only a few masternode coins pay over 80% and most have horrifically low volume so its not really a good indicator.

As soon as I take my profits from a couple of my icos, I will still be buying into Zen. (again). I foolishly sold after mining like 300 coins when it first came out :/.

Zendalet

member

Activity: 210

Merit: 12

I found a thread on Reddit with some more details about ZenCash secure nodes as they are called.

https://www.reddit.com/r/ZenSys/comments/7adblp/how_do_i_set_up_a_zencash_masternode_and_what_are/

Every 2.5 minutes 0.5 ZEN is shared among all node operators. Since the creation of thread the rewards are a bit lower because there are now over 700 nodes that all have to share the reward.

42 ZEN is about $924 now. The price of ZenCash was boosted from $7 to $26 last month because of a Palm Beach Letter, whose effect may wear off in a few weeks. If you buy the 42 ZEN now and we assume the price goes down to $7 in the coming weeks and the number of nodes rises to 1000 you will earn about $2 a day. Your $942 worth of ZEN is now worth $294. That means it will take 315 days to earn back your $630 loss and another 30 days to pay the server rent at about $5 a month for a year.

cyptx51

newbie

Activity: 13

Merit: 0

Quote from: GayOfThrones on November 16, 2017, 07:50:02 PM

Quote from: Zendalet on November 16, 2017, 07:18:04 PM

I didn't know about ZenCash masternodes. Is that a recent development or have they always been there?

What is the reward for running a ZenCash masternode?

I also am completely unaware of zencash masternodes. Is it for real? If it is for real, how many coins are necessary for the masternode?

42

I am excited about the future of this project and wish I would've got involved sooner. I'm working towards my 42 tokens now and am interested in mining also.

GayOfThrones

full member

Activity: 479

Merit: 103

Quote from: Zendalet on November 16, 2017, 07:18:04 PM

I didn't know about ZenCash masternodes. Is that a recent development or have they always been there?

What is the reward for running a ZenCash masternode?

I also am completely unaware of zencash masternodes. Is it for real? If it is for real, how many coins are necessary for the masternode?

Topic: ZENcash masternode (Read 3461 times)