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Author Topic: Masternode and PoW mining  (Read 122 times)
TheMimic1 (OP)
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September 11, 2021, 02:27:17 PM
 #1

I might decide to move into masternode in the future if ETH pow algorithm isn't no more but what and what will I need to get masternode running? I have no clue about it i just heard it's good way to earn money too, anyone know a good tutorial link or videos? Also what do you think about masternode Vs pOW mining?

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fmz89
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September 12, 2021, 10:13:42 AM
 #2

I might decide to move into masternode in the future if ETH pow algorithm isn't no more but what and what will I need to get masternode running? I have no clue about it i just heard it's good way to earn money too, anyone know a good tutorial link or videos? Also what do you think about masternode Vs pOW mining?
Nah masternide is need huge amount of money really, and if looking for income, better to mining instead, masternode is risky holding ton of coins, and the price of coin it self volatile, masternode required 500k$-5m$ most of the coin, with those money you can build nice mining farm

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adaseb
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September 12, 2021, 11:53:10 PM
 #3

I think there is some spam campaign going on this forum because I keep seeing masternode posts everywhere. There is at least 3 threads here in the mining section and might be more threads elsewhere on bitcointalk. I think the coin that they are pushing is some masternode coin called DIVI or something similar.

If you really want to go the masternode route, stick to dedicated old coins like Dash and only use trusted pools if you got less than the minimum or just use a self hosted server if you got money in the 6 figure ranges.

ETH if you want to stake, which is similar to Masternodes you will need 32ETH.
FP91G
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September 13, 2021, 11:45:56 AM
 #4

Study this information
https://launchpad.ethereum.org/en/
and this
https://docs.ethhub.io/ethereum-roadmap/ethereum-2.0/eth-2.0-economics/
For me, this is still very difficult, and I do not like the fact that I cannot withdraw my funds at any time. As long as mining is available, I will mine Ethereum in the classic way.
flip4flop
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September 13, 2021, 04:30:43 PM
 #5

Running full nodes can be profitable but you need to choose them carefully as there are a ton of scam coins out there that you will see your income bleed dry. There are a few good ones out there. I have been looking into Strongblock as being an option but I want to see the price come back under $400 before I start looking to add one since you need to have 10 Strongblock and when you start they node you have to give them up. Its a wierd one but over about 90-140 days it should pay itself off.
Looper_U
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September 14, 2021, 05:45:18 PM
 #6

If masternode are better than mining many would have build rigs for masternode purposes only, masternode is not ROI friendly and its more risky because you need a certain amount to run them and also volatility affects them much more

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