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Author Topic: Running nodes advice needed  (Read 66 times)
MidNite36 (OP)
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March 23, 2022, 05:07:10 AM
 #1

Anyone earning passive income with nodes here should please shar the most profitable coin right now and how they also set up their nodes I'm looking for a passive income alternative and running nodes feels like something I can really do.
noorman0
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March 23, 2022, 05:42:54 AM
 #2

I haven't, but you can calculate estimated earnings via a staking calculator like https://www.stakingrewards.com
Running a full node yourself costs a lot (depending on the coin), for example on DASH coins which require 1k coins or $129k. You can consider staking which is less expensive and diversifiable to some PoS coins. You just need to find a masternode provider like AllNodes (a well-known provider) to start staking. Generally, users will get instructions on how to set up nodes on the platform.

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MidNite36 (OP)
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March 23, 2022, 06:27:12 AM
 #3

When you said a lot what do you mean? I read about flux node few minutes ago and the minimum requirement is 1000 flux coins with is 1400$ it's really quit alot but it's within my reach if that's what you meant, thanks for the response @noorman0 and @Wapfika
noorman0
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March 23, 2022, 12:58:50 PM
 #4

When you said a lot what do you mean?

As I said, it depends on the coin you choose. Because you are here wanting a coin recommendation that at least produces a valuable profit. Actually there are many choices of masternode coins with cheaper prices such as PHR, IQCASH and ofcourse FLUX but not recommended like DASH, check here what I mean. You have to be more careful here, especially reading how the price history of the coin and its prospects. That's why I recommend you to run staking with lower budget than running masternode.

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S3300
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March 23, 2022, 02:43:00 PM
 #5

Running Nodes is most risky even mining and staking is better, you need high quality equipment to run node and also thousands of dollars to buy coins to meet minimum requirements as time goes by and many people start joining the reward will start going down too.

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batang_bitcoin
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March 23, 2022, 05:00:20 PM
 #6

Check it on masternodes.online
The data is already there, how much you need for capital and for the ROI. There's a cost for the setup and it's better to just buy a coin and stake it on its own wallet that allows you to earn interest rates yearly. I don't have a masternode but I've planned for it before until I've realized that it's better to just stake.

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