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lyks15
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May 07, 2019, 05:41:02 AM |
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I think it is a good activity to earn crypto. But I think it is more risky rather than trading. Because I am not mistaken you will only perform holding your coin. I wil research about this project and I will try to invest when I learn the project's flow. I hope it will be successful to make an alternative source of income here in crypto industry.
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mrdeposit
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May 07, 2019, 10:14:50 PM |
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Why do you give superiority to mining or masternode? Apart from them, there are ways to provide money. Masternodes have also begun to be unprofitable. Trading is the more lucrative and the better way in terms of profitability.
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BlueStackz
Legendary
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Activity: 1204
Merit: 1028
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May 08, 2019, 10:21:51 AM |
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Well is a way to earn some crypto, but not all coins with masternodes doing well and also to run a Dash masternode which can bring a profit on long run cost a lot, but on bull run the coins with masternode doing well, at least that happen on last bull run.
It would have actually been a very good way to earn some extra cash, although the profit on masternode is quite very small compared to one miners get in the bull run market, masternode is really not for everyone, the last masternode calculation that I did when I picked interest really discouraged me, I think one would need about $300,000 to set it up, I mean DASH masternode. $300,000 is more than enough for me to invest in bitcoin and get a very profitable income, with $300k; I will be having about 50 BTC, imagine that each of them becomes $15k per one during the bull, would I not have gotten $750k in return? I bet masternode cannot even give me this in 10 years. |
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Mr Zet
Jr. Member
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Activity: 93
Merit: 3
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May 08, 2019, 10:42:59 AM |
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Masternode are excellent solution to stabilize cryptocurrency by encouraging its owners to hold. Let's hope more developers will decide on this. As for now, from coins which I'm currently investing in, only FuturoCoin have made a move in this direction and its team is currently working on implementing masternode system: https://newsroom.futurocoin.com/become-a-masterode-owner/ |
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SwissBoo (OP)
Jr. Member
Offline
Activity: 700
Merit: 1
SetupMasternodes.com
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May 10, 2019, 04:18:17 AM |
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Masternode are excellent solution to stabilize cryptocurrency by encouraging its owners to hold. Let's hope more developers will decide on this. As for now, from coins which I'm currently investing in, only FuturoCoin have made a move in this direction and its team is currently working on implementing masternode system: https://newsroom.futurocoin.com/become-a-masterode-owner/first time hearing about this site Thanks for the share. |
Create Your own Full Masternode VPS without Technical Skills in 1 HOUR
==> https://www.SetupMasternodes.com <==
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SwissBoo (OP)
Jr. Member
Offline
Activity: 700
Merit: 1
SetupMasternodes.com
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July 27, 2019, 06:32:46 AM |
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anyone else looking into this?
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Create Your own Full Masternode VPS without Technical Skills in 1 HOUR
==> https://www.SetupMasternodes.com <==
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DDante
Member
Offline
Activity: 434
Merit: 19
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July 27, 2019, 07:10:43 AM |
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Problem with masternodes rewards is they keep decreasing in time,I will chose POS over masternode because I don't need to set up some server
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SwissBoo (OP)
Jr. Member
Offline
Activity: 700
Merit: 1
SetupMasternodes.com
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August 02, 2019, 05:10:36 AM |
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crypto getting too much up and down, just like the Proof of work ones ,the reason why I like masternode is because its not a power hungry setup ,I think its still worth it though
the cost to service them is definitely much more cost effective |
Create Your own Full Masternode VPS without Technical Skills in 1 HOUR
==> https://www.SetupMasternodes.com <==
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livingfree
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August 02, 2019, 06:32:42 AM |
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If ever I can afford to have my dash masternode, I'll have no second thoughts of purchasing it. The initial capital to start your dash masternode is high. It's worth 10 BTC or $107k.
That's a lot of money to me but if I'd ever bought a lot of bitcoin before and I'm eligible to get that MN, I'll take it. $18 daily passive income is a nice amount for doing nothing and dash has a decent volume so it's a safe coin to invest.
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andika2018
Member
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Activity: 700
Merit: 10
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August 02, 2019, 07:39:27 AM |
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If ever I can afford to have my dash masternode, I'll have no second thoughts of purchasing it. The initial capital to start your dash masternode is high. It's worth 10 BTC or $107k.
That's a lot of money to me but if I'd ever bought a lot of bitcoin before and I'm eligible to get that MN, I'll take it. $18 daily passive income is a nice amount for doing nothing and dash has a decent volume so it's a safe coin to invest.
Mining bitcoin and masternode, in my opinion the cost is almost the same. Masternode on certain coins requires more than 1 bitcoin while sometimes to build 1 mining rig does not cost 1 bitcoin. I think it depends on the investor, if you prefer bitcoin, then it's better to build the rig |
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livingfree
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August 03, 2019, 11:08:28 AM |
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If ever I can afford to have my dash masternode, I'll have no second thoughts of purchasing it. The initial capital to start your dash masternode is high. It's worth 10 BTC or $107k.
That's a lot of money to me but if I'd ever bought a lot of bitcoin before and I'm eligible to get that MN, I'll take it. $18 daily passive income is a nice amount for doing nothing and dash has a decent volume so it's a safe coin to invest.
Mining bitcoin and masternode, in my opinion the cost is almost the same. Masternode on certain coins requires more than 1 bitcoin while sometimes to build 1 mining rig does not cost 1 bitcoin. I think it depends on the investor, if you prefer bitcoin, then it's better to build the rig It's not just the only factor that you have to consider. There's also the cost of operation while you are mining bitcoin and in my place it isn't ideal to mine bitcoin either altcoin because of the electricity's expensiveness. Mining bitcoin is more profitable if we'll try to understand the situation but there's just factors that it isn't ideal for each individual. |
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Indymoney
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August 03, 2019, 12:51:47 PM |
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If ever I can afford to have my dash masternode, I'll have no second thoughts of purchasing it. The initial capital to start your dash masternode is high. It's worth 10 BTC or $107k.
That's a lot of money to me but if I'd ever bought a lot of bitcoin before and I'm eligible to get that MN, I'll take it. $18 daily passive income is a nice amount for doing nothing and dash has a decent volume so it's a safe coin to invest.
In last few days I was doing some search about this that which coins is good for this now today first time reading your this post and now understanding its all about money mean its working like Mine but we not need too many hardware electricity so from today I am joining some masternode site and trying to invest small amount just for experience. |
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JonnikM
Newbie
Offline
Activity: 28
Merit: 0
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August 03, 2019, 01:16:13 PM |
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Peers, who has tried mining? How much money did you spend? Was it hard to start? Tell please some hidden stones
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altcoinEra
Newbie
Offline
Activity: 140
Merit: 0
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August 03, 2019, 01:22:34 PM |
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Peers, who has tried mining? How much money did you spend? Was it hard to start? Tell please some hidden stones
Hi, I have tried, and still mine. It cost me a fortune in the past. It was a very long path to what I have got now. I used to rely on GPU miners, lost 20K usd in 2017 to buy this damn bad equipment. |
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JonnikM
Newbie
Offline
Activity: 28
Merit: 0
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August 03, 2019, 01:23:00 PM |
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Peers, who has tried mining? How much money did you spend? Was it hard to start? Tell please some hidden stones
Hi, I have tried, and still mine. It cost me a fortune in the past. It was a very long path to what I have got now. I used to rely on GPU miners, lost 20K usd in 2017 to buy this damn bad equipment. So what is GPU miner? Why it is bad what is better? |
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altcoinEra
Newbie
Offline
Activity: 140
Merit: 0
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August 03, 2019, 01:30:43 PM |
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Peers, who has tried mining? How much money did you spend? Was it hard to start? Tell please some hidden stones
Hi, I have tried, and still mine. It cost me a fortune in the past. It was a very long path to what I have got now. I used to rely on GPU miners, lost 20K usd in 2017 to buy this damn bad equipment. So what is GPU miner? Why it is bad what is better? Better to buy asic miners. GPU are fragile with low rates of production. No sense in buying this type of equipment. |
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JonnikM
Newbie
Offline
Activity: 28
Merit: 0
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August 03, 2019, 01:31:59 PM |
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ASIC? And are there any proven places to buy this asic miner and how do they look like?
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altcoinEra
Newbie
Offline
Activity: 140
Merit: 0
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August 03, 2019, 01:37:44 PM |
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ASIC? And are there any proven places to buy this asic miner and how do they look like?
You can see such equipment on globemining . com. I have personally ordered there my asic miners several month ago |
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JonnikM
Newbie
Offline
Activity: 28
Merit: 0
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August 03, 2019, 01:40:52 PM |
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ASIC? And are there any proven places to buy this asic miner and how do they look like?
You can see such equipment on globemining . com. I have personally ordered there my asic miners several month ago Yeah, I see. And you liked the miner over GPU? Cause I have seen many cheap GPU mining farms, used one. |
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