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Question: Should we bring back the masternode feature to Solaris?
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No

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Author Topic: 💥SOLARIS PLATFORM [XLR] 💥100% PoS /w Cold-Staking 💥Txbit.io exchange!  (Read 307837 times)
Elder III
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February 11, 2018, 09:52:56 PM
 #5321

am loving those masternode rewards. am 180 coins shy of my fifth masternode. The selfish part of me want the price to decline a bit more so i can get my fifth masternode but the reasonable side understand that its not beneficial to the community. Anyway, at this rate i should have enough to start the fifth masternode in about 2.5 months

what's the actual ROI for a masternode with Solaris?

https://masternodes.pro/

www.mnrank.com (looks like it's being updated now)

Basically you can expect roughly 2.3 XLR per day per masternode right now.
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February 11, 2018, 10:02:40 PM
 #5322

ROI is about 80%. As more nodes come online, you can expect it to drop into the 70% range. That's annual ROI. That's a lot better than any bank will give you and that does not count on any price increases of the coin.

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February 11, 2018, 10:38:09 PM
 #5323

ROI is about 80%. As more nodes come online, you can expect it to drop into the 70% range. That's annual ROI. That's a lot better than any bank will give you and that does not count on any price increases of the coin.

yes it's defenitly not bad at all. But I see on the masternodes list wbesite that there are some (many) masternodes with a MUCH higher ROI. What's the point in not preferring those ones?
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February 11, 2018, 10:52:32 PM
 #5324


I'm thinking it is the miners dumping their mined coins and bringing the price down. But on a positive note it does give people a chance who want to own a masternode to now get one which is what has been happening for weeks now. Solaris now has over 600 masternodes online when before at the start of the year we were at just a little over 500 masternodes online so that is an extra 100 masternodes in just over a month and all that happened in the past 3 weeks or so since the price starting coming down. So in away the price being dumped by miners does help people who want a cheaper masternode. I'm sure that in time the price will slowly start to go back up once the POW ends in April.
It is probably miners or masternodes' owners tried to cause out to get their capital back or for electricity bills, which in turn dumped the price. Nevertheless, in long-term, it is good project, and as you said the price will significantly rally when PoS start in April.
So is it still profitable for mining? If miners had tried to cash out all their coins, what is residue of motivation to make its price flourishing again? I think Dev should implement some bounties for community asap, which help Solaris popularity spreading out.

I think... NO, I'm sure, that HODling has ended for most. I think it is the last month situation when Bitcoin more than halved in value so most miners and traders cash out to avoid losses. Most miners mine for profit, not for love to the coin which is what I do too however I believed in this coin and it went high to 55$ a coin but it dropped relatively quickly together with bitcoin. Why? Miners and traders feared the losses will eat their portfolios. Not many continue holding and even some masternode owners cashed their masternodes out which brought the price even lower.
I watched a short film by a Polish guy regarding the Bitcoin prices and why it is going down. His theory was based on last month market research which proved there was a lot more hashing power mining bitcoin than it was officially possible meaning bitmain or Baikal or maybe someone else has new mining equipment that hasn't been shared with anyone else. They created smaller, faster chips using less power allowing them to mine at 27 or 54Th/s per unit. Current fastest ones we know about mine at 14Th/s. Total network Hashrate rose by a lot making it obvious something is going on behind the scenes. Simply said - those companies won't share their secret as long as it is profitable and will only start selling the new miners when profitability drops to star working on newer, faster miners. They sell their mined bitcoins immediately at any market price to cash out as soon as possible which is bringing the prices down, no holding is happening here which is what we all should do to a point.
He proved prices always dropped before new antminers and other stuff were available to buy as those producers milked them first before sharing with the world and selling them making money once again. The prices rose when profitability of such miners dropped which may be the case again in the next few months. So we should expect the bitcoin price go up again until they design new improved devices.
There is a long list of calculations proving this theory and it looks like this is happening all over the crypto market. Miners all over the world cash out not really allowing the prices to grow. One reason is the energy cost but it is a stupid reason as to be honest I could cover my monthly bill with just one day mining and right now because of what miners do it takes me 2-3ys which is still very profitable. This is mainly due to PVC panels on my roof which provide me with free power during the day.

So my conclusion is = even if the guy is wrong he is not totally wrong and miners cash out quickly meaning if you want your profits take them now. I am not asking anyone to dump any coins. It is necessary for the coin to be less available as supply in order for the price to rise significantly which may happen but remember once the price goes up people will start cashing out again and prices will drop again.

Masternode Owner didnt cash out ... the Masternode Holder are growing constant ... now 61.74% XLR are holding in Masternodes.

Yeah I agree that its not the masternode owners selling their Solaris. Many will hold for the long term gains and also for the bonuses when the exchange is launched. I don't blame the miners for selling their mined coins as they need to get back what they put into mining the coin, like I said it gives people who don't own a masternode a chance to finally buy one. We can see each week more Solaris masternodes come online and just in the past couple of days another 4 masternodes have come online and I think we will continue to see this trend for a while.



.
.BIG WINNER!.
[15.00000000 BTC]


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ruplikminer
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February 11, 2018, 10:56:55 PM
 #5325

I have a couple of noob questions about the Masternode.

1) The coins used to open it are "lost"? Or I can get them back (and close the masternode) when I want? So that I can get the profits PLUS my deposit coins back or ONLy the profits?

2) Once the masternode is set up, where/how will I be bale to check the porfits?
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February 11, 2018, 11:12:34 PM
 #5326

I have a couple of noob questions about the Masternode.

1) The coins used to open it are "lost"? Or I can get them back (and close the masternode) when I want? So that I can get the profits PLUS my deposit coins back or ONLy the profits?

2) Once the masternode is set up, where/how will I be bale to check the porfits?

Hi and welcome!

No your coins will not be lost when you set up a masternode and you can always stop your masternode and get back your coins except the fee of course which you spend to set up the masternode which is a small fee.

The coins will show up in your wallet once you earn a reward.

I hope this helps and good luck!



.
.BIG WINNER!.
[15.00000000 BTC]


▄████████████████████▄
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Rainbot
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February 12, 2018, 12:08:33 AM
 #5327


I'm thinking it is the miners dumping their mined coins and bringing the price down. But on a positive note it does give people a chance who want to own a masternode to now get one which is what has been happening for weeks now. Solaris now has over 600 masternodes online when before at the start of the year we were at just a little over 500 masternodes online so that is an extra 100 masternodes in just over a month and all that happened in the past 3 weeks or so since the price starting coming down. So in away the price being dumped by miners does help people who want a cheaper masternode. I'm sure that in time the price will slowly start to go back up once the POW ends in April.
It is probably miners or masternodes' owners tried to cause out to get their capital back or for electricity bills, which in turn dumped the price. Nevertheless, in long-term, it is good project, and as you said the price will significantly rally when PoS start in April.
So is it still profitable for mining? If miners had tried to cash out all their coins, what is residue of motivation to make its price flourishing again? I think Dev should implement some bounties for community asap, which help Solaris popularity spreading out.

I think... NO, I'm sure, that HODling has ended for most. I think it is the last month situation when Bitcoin more than halved in value so most miners and traders cash out to avoid losses. Most miners mine for profit, not for love to the coin which is what I do too however I believed in this coin and it went high to 55$ a coin but it dropped relatively quickly together with bitcoin. Why? Miners and traders feared the losses will eat their portfolios. Not many continue holding and even some masternode owners cashed their masternodes out which brought the price even lower.
I watched a short film by a Polish guy regarding the Bitcoin prices and why it is going down. His theory was based on last month market research which proved there was a lot more hashing power mining bitcoin than it was officially possible meaning bitmain or Baikal or maybe someone else has new mining equipment that hasn't been shared with anyone else. They created smaller, faster chips using less power allowing them to mine at 27 or 54Th/s per unit. Current fastest ones we know about mine at 14Th/s. Total network Hashrate rose by a lot making it obvious something is going on behind the scenes. Simply said - those companies won't share their secret as long as it is profitable and will only start selling the new miners when profitability drops to star working on newer, faster miners. They sell their mined bitcoins immediately at any market price to cash out as soon as possible which is bringing the prices down, no holding is happening here which is what we all should do to a point.
He proved prices always dropped before new antminers and other stuff were available to buy as those producers milked them first before sharing with the world and selling them making money once again. The prices rose when profitability of such miners dropped which may be the case again in the next few months. So we should expect the bitcoin price go up again until they design new improved devices.
There is a long list of calculations proving this theory and it looks like this is happening all over the crypto market. Miners all over the world cash out not really allowing the prices to grow. One reason is the energy cost but it is a stupid reason as to be honest I could cover my monthly bill with just one day mining and right now because of what miners do it takes me 2-3ys which is still very profitable. This is mainly due to PVC panels on my roof which provide me with free power during the day.

So my conclusion is = even if the guy is wrong he is not totally wrong and miners cash out quickly meaning if you want your profits take them now. I am not asking anyone to dump any coins. It is necessary for the coin to be less available as supply in order for the price to rise significantly which may happen but remember once the price goes up people will start cashing out again and prices will drop again.

Masternode Owner didnt cash out ... the Masternode Holder are growing constant ... now 61.74% XLR are holding in Masternodes.

Wait - you mentioned a few pages back you had 10 and you sold 9 of them in the right time. What did you think others did?

Selling in Uptrend ... not in downtrend or siedway Market  ...  buy when the most people sell and sell when the most people buy Wink

COINFERENZ - http://coinferenz.at
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February 12, 2018, 12:44:20 AM
 #5328

I have a couple of noob questions about the Masternode.

1) The coins used to open it are "lost"? Or I can get them back (and close the masternode) when I want? So that I can get the profits PLUS my deposit coins back or ONLy the profits?

2) Once the masternode is set up, where/how will I be bale to check the porfits?

Hi and welcome!

No your coins will not be lost when you set up a masternode and you can always stop your masternode and get back your coins except the fee of course which you spend to set up the masternode which is a small fee.

The coins will show up in your wallet once you earn a reward.

I hope this helps and good luck!
Is there probability to lose my coins if I send them to address use for setting Masternode? It this address in my wallet or somewhere in the Solaris network?
Thank you in advance.
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February 12, 2018, 01:34:59 AM
 #5329

I have a couple of noob questions about the Masternode.

1) The coins used to open it are "lost"? Or I can get them back (and close the masternode) when I want? So that I can get the profits PLUS my deposit coins back or ONLy the profits?

2) Once the masternode is set up, where/how will I be bale to check the porfits?

Hi and welcome!

No your coins will not be lost when you set up a masternode and you can always stop your masternode and get back your coins except the fee of course which you spend to set up the masternode which is a small fee.

The coins will show up in your wallet once you earn a reward.

I hope this helps and good luck!
Is there probability to lose my coins if I send them to address use for setting Masternode? It this address in my wallet or somewhere in the Solaris network?
Thank you in advance.

Each and every Solaris wallet can have many different addresses associated with it. To run a Masternode you simply designate one of those addresses in your wallet and send the coins to yourself... they never leave your wallet. You can (and should) enable a feature called Coin Control within your wallet that will let you send the 1000 XLR to that Masternode address within your wallet and then "locks" that wallet address so that you don't have to worry about accidentally sending any of those original 1000 Solaris coins from your Masternode (they are safe there until you decide to move them, which would disable the Masternode of course).
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February 12, 2018, 02:30:06 AM
 #5330

I have a couple of noob questions about the Masternode.

1) The coins used to open it are "lost"? Or I can get them back (and close the masternode) when I want? So that I can get the profits PLUS my deposit coins back or ONLy the profits?

2) Once the masternode is set up, where/how will I be bale to check the porfits?

Hi and welcome!

No your coins will not be lost when you set up a masternode and you can always stop your masternode and get back your coins except the fee of course which you spend to set up the masternode which is a small fee.

The coins will show up in your wallet once you earn a reward.

I hope this helps and good luck!
Is there probability to lose my coins if I send them to address use for setting Masternode? It this address in my wallet or somewhere in the Solaris network?
Thank you in advance.

Each and every Solaris wallet can have many different addresses associated with it. To run a Masternode you simply designate one of those addresses in your wallet and send the coins to yourself... they never leave your wallet. You can (and should) enable a feature called Coin Control within your wallet that will let you send the 1000 XLR to that Masternode address within your wallet and then "locks" that wallet address so that you don't have to worry about accidentally sending any of those original 1000 Solaris coins from your Masternode (they are safe there until you decide to move them, which would disable the Masternode of course).
Get it. Thank you for your response. I will set my masternode later today after work.
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February 12, 2018, 04:05:17 AM
 #5331

yes it's defenitly not bad at all. But I see on the masternodes list wbesite that there are some (many) masternodes with a MUCH higher ROI. What's the point in not preferring those ones?

Anything that shows higher than 400% or 500% isn't going to last. So you could get in while the price is low, and while the rewards are high, but that's more like a calculated gamble. I got some others, but I will stick around XLR just because ... well ... that's my job around here, to HODL the coins.

mtn1998
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February 12, 2018, 04:57:18 AM
 #5332

yes it's defenitly not bad at all. But I see on the masternodes list wbesite that there are some (many) masternodes with a MUCH higher ROI. What's the point in not preferring those ones?

Anything that shows higher than 400% or 500% isn't going to last. So you could get in while the price is low, and while the rewards are high, but that's more like a calculated gamble. I got some others, but I will stick around XLR just because ... well ... that's my job around here, to HODL the coins.
More masternodes, less rewards for each one.
SpecialistMiner
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February 12, 2018, 11:45:23 AM
 #5333

Sure they does! Most masternodes cashout their income from masternode. Today is about 60XLR/month
So why not cash out something that you get almost for free? Why hodl when you don't know what the markets (also BTC) will do in
the future. So maybe there are some strong holders that also cumulate their income from masternode but for sure not all of them. I think most cash out thier income every month because for making the money they have bought masternodes.

It's logical that much more miners cash out then masternode owners. Miners have to cover the electricity costs, why masternode owners have negligible expenses compared to mining. Once the XLR converts to PoS you can reasonable expect that this constant cashing out stops, and it will reflect on the price. Just wait for 13th April to pass ad watch the fireworks.

And that's why masternodes are dumping the prices, they can sell at low pirce and still have great income whereas, as you saidm miners have equpiment and electicity cost! Once the XLR converts to PoS you can reasonable expect that this constant cashing out starts even more because 600+ masternodes want to earn money. They didn't spend their money to buy masternodes as collecitble item just to look everyday at it.
LycheeBit
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February 12, 2018, 11:55:21 AM
 #5334

Hi ! Solaris is available on LycheeBit.
Happy mining Smiley

Mining Solaris with xevan algo :

  • Stratum  : lycheebit.com:3739
  • User     : YOUR_XLR_ADDRESS
  • Password : c=XLR

LycheeBit info :


Mining software :


Examples of command line :

  • Nvidia   : ccminer.exe -a xevan -o stratum+tcp://lycheebit.com:3739 -u SbzG7EdRAQbn5zqWiGFicm8u8C37UMxUTc -p c=XLR
  • AMD      : sgminer.exe --algorithm xevan -o stratum+tcp://lycheebit.com:3739 -u SbzG7EdRAQbn5zqWiGFicm8u8C37UMxUTc -p c=XLR

Peers list :

  • addnode=89.47.165.23:60020
  • addnode=80.208.226.105:60020
  • addnode=195.181.243.6:60020
  • addnode=84.47.129.117:60020
  • addnode=198.13.41.98:60020
  • addnode=149.56.142.180:60020
  • addnode=45.76.52.209:60020
  • addnode=165.227.53.64:60020
  • addnode=45.32.255.187:60020
  • addnode=207.246.118.119:60020
  • addnode=108.61.209.132:60020
  • addnode=212.24.105.38:60020
  • addnode=54.36.78.172:60020
  • addnode=188.166.159.177:60020
  • addnode=46.101.3.34:60020
  • addnode=80.197.251.29:60020

LycheeBit - Mining pool - https://www.lycheebit.com
michelangelo5000
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February 12, 2018, 12:07:16 PM
 #5335

Sure they does! Most masternodes cashout their income from masternode. Today is about 60XLR/month
So why not cash out something that you get almost for free? Why hodl when you don't know what the markets (also BTC) will do in
the future. So maybe there are some strong holders that also cumulate their income from masternode but for sure not all of them. I think most cash out thier income every month because for making the money they have bought masternodes.

It's logical that much more miners cash out then masternode owners. Miners have to cover the electricity costs, why masternode owners have negligible expenses compared to mining. Once the XLR converts to PoS you can reasonable expect that this constant cashing out stops, and it will reflect on the price. Just wait for 13th April to pass ad watch the fireworks.

And that's why masternodes are dumping the prices, they can sell at low pirce and still have great income whereas, as you saidm miners have equpiment and electicity cost! Once the XLR converts to PoS you can reasonable expect that this constant cashing out starts even more because 600+ masternodes want to earn money. They didn't spend their money to buy masternodes as collecitble item just to look everyday at it.

But the overall rewards will go down by 50% when POS phase begins. So half as much coins are created, which should increase the price.
rough011486
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February 12, 2018, 02:13:41 PM
 #5336

But the overall rewards will go down by 50% when POS phase begins. So half as much coins are created, which should increase the price.
Rewards for masternodes will increase when PoS phase started, not decrease.
Mike_IG
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February 12, 2018, 04:45:40 PM
 #5337

But the overall rewards will go down by 50% when POS phase begins. So half as much coins are created, which should increase the price.
Rewards for masternodes will increase when PoS phase started, not decrease.

How will the rewards increase when the 1XLR reward (same as it is currently due to the budget system not being used) is shared between Masternode holders and Stakers?, Surely with the stakers added it will mean lower payouts.
Coinferenz
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February 13, 2018, 01:56:58 AM
 #5338

I think that it will be a Balance between Masternode Holders and Stakers.

More Masternode Holders = more rewards
More POS Stakers = more rewards

Like now with 61% Masternode Holders = More Rewards for Masternodes

When Masternode Holders did not sell their Masternodes then they are the winners.
( And i think that they will not sell because they want also earn Rewards from the coming Exchange )

AND after POS Phase is started, it will be very hard to get enough Coins for a Masternode ... because the XLR Rewards are lower then now and the price for one XLR will jump higher again.

PS: I think the Solaris Dev Team is a very Professional Team and they know exactly what they are doing Wink
You must watch all Facts around Solaris to know what a powerfull Project Solaris is.

COINFERENZ - http://coinferenz.at
tuandl
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February 13, 2018, 02:09:00 AM
 #5339

I think that it will be a Balance between Masternode Holders and Stakers.

More Masternode Holders = more rewards
More POS Stakers = more rewards
~
Actually not because you are missing important point. That is the number of Solaris rewarded for each block are fixed one. In other words, with the same rewards for each block, and same proportional rewards for stakers and masternode holders, more stakers less rewards for each staker, more masternode holders less rewards for each masternode holder.
Coinferenz
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February 13, 2018, 02:34:05 AM
 #5340

I think that it will be a Balance between Masternode Holders and Stakers.

More Masternode Holders = more rewards
More POS Stakers = more rewards
~
Actually not because you are missing important point. That is the number of Solaris rewarded for each block are fixed one. In other words, with the same rewards for each block, and same proportional rewards for stakers and masternode holders, more stakers less rewards for each staker, more masternode holders less rewards for each masternode holder.

Yes at this point you are right with fixed Amount per Block.
Because its also a question about more Masternodes or POS.
And, so i understood, only Masternode Holders are earning rewards from the coming Exchange.

COINFERENZ - http://coinferenz.at
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