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Author Topic: Are masternodes worth the trouble?  (Read 395 times)
Ryuichi.Aig
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February 17, 2018, 09:19:28 PM
 #21

They can be worth the trouble, but it's like gambling because some start out with little to no info regarding anything.

Therefore, you could be effectively mining a worthless coin.
AdamRay
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February 17, 2018, 09:23:36 PM
 #22

MAsternodes are great source of passive income and i have two of them but the problem is they are mostly expensive to buy
especially if their ROI is great.
But honestly its worth investing in cheaper ones if they are good because of the future growth
Currently investing in coin Masternode is the trend of the cryptocurrency market so most of the crypto in the market are carried out Masternode. So many bad projects still run Masternode to get the investment. I think it takes time to research a lot about each Masternode project before deciding to invest in it.

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eterhunter
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February 17, 2018, 09:24:14 PM
 #23

Masternodes provide network to facilitate running services such as anonymization for increased privacy of transactions, enabling instant transactions, enabling or increasing decentralization of governance of the system, enabling and facilitating decentralized budget systems, and enabling or facilitating immutable proposal and voting systems.
cryptoiqtech (OP)
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February 21, 2018, 12:18:11 AM
 #24

There is a topic on masternodes here:

https://bitcointalk.org/index.php?topic=2754075.0;all
calypsodevs
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November 01, 2018, 08:47:23 PM
 #25

there are sites that sell preconfigured masternodes for various coins
can host up to 4 nodes on one package
ask for support here https://discord.gg/2sFycC8

I've been playing around with setting up a couple of masternodes for 2 different coins, and I'm pondering whether it's worth the trouble in the long run. I've found that setting up masternodes is not straight forward, especially if you want to use a VPS.

What does the community here think about this?

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Thefrolly
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November 09, 2018, 12:08:32 PM
 #26

For me the coins are not worth the trouble but to a lot of people they are worth the trouble since they are making money from the coins everyday. I just don't have the energy to make sure that the masternodes are running properly because is something small is not working out fine with the node, then you are not going to be able to get the rewards from the staking

 
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beeelzebub
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November 09, 2018, 12:28:18 PM
 #27

Actually i don't think so. Masternodes are worth something back than. But for some time, i see that all coins with masternodes just loosing value and it doesn't worth anyhting to have one.

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