Why mining on masternode POS is better as mining on equipment POW?
I am convinced that this mining is the future. Judge for yourself.
The way you make this sound is funny, you put it as a solid fact when it's only a matter of what you think , there is an endless debate on which is better, this is not the right place to discuss the pros and cons of investing in POS vs investing in POW , but if you wish to debate this, feel free to start a new topic on this subject and let's have a debate
but the least you should do is rephrasing this part to make it more reasonable.
Payback. And here, in general, the most destructive argument. You have no recoupment!
This is SO WRONG !, you do have recoupment and it's almost always higher than investing in POW.
i'll throw a simple example here, Dash masterrnode requires 1,000 dash
let's take someone who would have followed your advice and bought 1,000 dash @ 1000$ each last year , this means he would have spent 1,000,000$ aka
1 million dollars.he would have gained 90 dash at most ( 14 months ) so he has 1000+90 dash now which equal to 110*1090$ = 119,900$
so if they decide to quick now , they would have lost
-880,100$ or just about
90% of whatever they invested ( not accounting for other expenses because there is no way on planet you going to run a 1 million dollar node on your home pc, but i'll let it pass)
so now if they decide to keep the Masternode, they only get to make about
550$ a month from a 1 million dollar investment ( as per today's prices).
on the other hand, if they invested that 1 million $ in say Bitcoin miners , at the same period of time they could have acquired about 350 S9s, at this point they would have been close to getting back that initial investment , or have gotten it back if power is cheap.
and at the average rate of 5 cents per khw , with those 350 S9s , they would make
18,000$ a month now as appose of 550$
and by the way, even if you were to use today's prices / 5 months prices and probably even 1 year from now of masternode vs POW mining , the math will almost always be on POW side, let alone the fact that 90% of POS are worthless shitcoins.
but this indeed does not go without saying that owning a masternode requires almost 0 maintenance or time , no risk of your gears going on fire or simply dying ,etc which is not the case if you were to own mining gears.
TL:DR ;
I think that is the best way of addressing the pros and cons of these two things, it's pretty simple , profit wise POW wins , peace of mind wise POS wins.
owning a Masternode is very very risky, the online calculators make it look so easy and tempting, but it is actually not, neither buying a POW hardware.
