Bitcoin Forum

Dear Friends

I never made master node and I want to start

How do I get started?

what currencies are available to use?

Can I use my amazon aws to do masternode?

Are there any tutorials ????


Thanks
Almir

You can see the list of masternodes on

https://masternodes.online/
https://masternodes.pro/

Most of the guides on how to run one is on the website of each coins that you'll choose.

Dear Friend

 how can I find the ROI% value of  each currency ?

 The site masternodesonline has the complete list of all available currencies ??

 Can I make a VPS on Amazon and use it for it?

Thanks
Almir

Masternoda is a very interesting phenomenon. I know a lot of people who are specifically looking for projects that have masternod. May be a very good income in the future. Now there is a bear market and many coins that have masternods have lost a lot in price. This is a very sweet piece of delicious cake, you need to enjoy the moment!

Dear Friend

1* -What does the term "MN Worth" mean in the titles?
https://i.postimg.cc/K8cC2Kcz/masternodeonline.jpg

https://i.postimg.cc/vTQCZD73/masternodeonline2.jpg

2* - the terms "monthly" and "yearly" is the amount that I will earn per month and per year?

Thanks
Almir

just search in google there is a lot of master node tutorial available there but the most important thing is to choose a reliable hosting providers good luck in your hunting journey :p

Yes my friend, all of the details that you need to know is already there. You'll just have to click the coin and you'll see "daily income", "weekly income", "monthly income" and "yearly income" and this varies due to market conditions.

And as for ROI the percetange is indicated at the list "ROI".

That means minimum worth of investment for example dash, you need $160,130 to start a MN for that coin.

Yes! that's an estimation but it can change and depends on how the market will turn into bullish.

If the market goes bull then that will increase.

Great

im can use my amazon vps to start being a master node?

Is it worth it to be a masternode sharer and open account on 4stake?

You have great tutorials that can recommend to start?

Thanks
Almir

https://www.reddit.com/r/Antshares/comments/6m7pen/tutorial_run_a_node_free_of_charge_on_amazon_aws/

I'm not really into masternodes but I'm just trying to help you out with those basics but most of those tutorials that I'm seeing are on youtube. Just choose first on what coin you'll run a node.

Edit:
Alright, I'll leave this thread now there's now a person that would help you through your setup.

im already have a vps run in amazon

im search for a tutorial to start

almost all current mn projects are scam on outdated codebase. 99% of the price is overinflated on completely empty githubs and network software with critical vulnerabilities. first thing to do is check the source code. example setup with ubuntu18 https://github.com/AXErunners/axe/wiki/Detailed-guide:-Masternodes

im only can do this in linux?

your masternode machines on aws (vps) should be on linux (ubuntu18 right now is most common selection i think, or debian/redhat/cent/etc), but control wallet could be running on any platform. some projects also have mn support in light clients (like https://github.com/AXErunners/electrum-axe), so you don't need to have full blockchain copy on control machine

This is a very interesting thread, thanks for the useful links.

Some masternodes seem to be both very cheap to run and according to these indexing websites also offer extremely high profitability; I'm assuming these statistics are subject to very rapid change, however, and the longevity of many of these projects are also in question.

Therefore, what would be the top 3 most profitable and cost efficient master node coins you would recommend at the moment ?

Dash is going to be great with upcoming version. Axe is still very cheap and easy to mine. Pivx dev left the project so its unlikely theres going to be anything new besides light updates (and how long they would last). the rest has empty or no source code available. there were couple more i think but they didn't survive this summer i guess

Is running a master node really profitable?

I am doubtful as there are many devs that left their project hanging on the air.

Depends on coin. Most of super high ROI MN coins will just get value devaluted because of high infaltion. Same as with high PoS. You you should look for decent project that has not too high/not too low payouts. So you can pay your VPS server costs from MN income.

As AXE dev here chipped in with advice, I can recomened AXE as a good project. It's still easy to mine AXE, at least for now. Sadly it's not on any of larger exchanges so buying it will be harder. Only at freiexchange.com.

true. there was so many projects with just very bad balancing, like 90% masternode rewards - with such numbers hash rate would be abandoned due simple math. masternodes got this bad reputation during winter '17 because it was a better instrument for scammers - you have additional ROI vector that would look better than any standard pow system. and it was understandable for people just blindly selling everything to get a couple masternodes - no time to read github, price is going up by minutes :(

you have a tutorial do create a masternode in vps on amazon ? im want to use smartcash
 
Which coins are the most suitable to make masternode and that will value a lot from now on?

Thanks
Almir

theres a swift guide how to setup the machine on aws https://devmarketer.io/learn/how-to-get-ubuntu-18-04-on-amazon-ec2-hint-its-ridiculously-simple/
after you ssh in - setup flow is pretty much the same.

which coin will moon you can check on github 8)

masternood is not a safe game. There are many people who commit suicide because of this game. It's a simple game and you do not have to analyze too much, just bet, place the time and start observing. It is a gambling game that you do not know. You will go bankrupt soon if you continue to participate in this game.

There are some coins which can bring you profit, but not all coins are ok, so best research before because is better to seehow long project run to be sure is not a scam

Lots of masternodes are copies of other projects code bases and won't offer much in terms of liquidity or ROI % once all the hype wears off but there are some that might offer good potential as a long term investment like Helium (HLM) but do of course research each one thoroughly

Masernodes are a good opportunity to start earning a passive income, but you need to pick a coin that has some great potential to deliver enough traffic to give you a regular stream of coins or good growth potential. I have taken a gamble with a new coin launching this year but it is supporting a real product and has excellent tx potential going forward.

You probably need to run a VMS like Amazon, Ali or several others out there too chose from so factor your rental costs into the earnings calculations as it needs to be there 24/7

just like with any other project - always check the source code. majority not bothering, and losing everything. you wouldn't cross the road with our eyes closed, right?

Im have a VPS on amaxzon

you have any tutorial to configure masternode of smartcash in ubuntu?

Thanks
Almir

Try smartcash ANN thread or their discord if they have one.

Very important to remember, you need to be more observant and notto be move by someone but learning steps by steps even it would take a long drive but it is more fruitful when you learned it in a proper ways, researching and have a deep study about the project/coin that you are eyeing then make sure that you have a full knowledge  before placing your money.

I never made master node and I want to start

How do I get started?
* You should refer your concerns online and search for a good and possible masternode. But be wary because most of the masternodes are just a pure another scam.

what currencies are available to use?
*By mean of currency, it is their own token that can be used as a masternode.

Can I use my amazon aws to do masternode?
*Yes certainly you can. I also tried to use amazon aws for making masternodes functional, and I have no issues with it.

Are there any tutorials ????
*You can find more in these tutorials by visiting youtube site. Thank you