schnötzel
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March 06, 2017, 06:33:06 PM |
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With 8 k you can can collect harvesting fees even if you don't have a node (search for delegated harvesting). Not a great income ATM
How much do you get in e.g 1month with delegated harvesting?
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schnötzel
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Bitcoin is a bit**
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March 06, 2017, 06:43:25 PM |
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greentea
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March 06, 2017, 06:48:02 PM |
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With 8 k you can can collect harvesting fees even if you don't have a node (search for delegated harvesting). Not a great income ATM
How much do you get in e.g 1month with delegated harvesting? Really all depends on your balance and POI to the network. Also the more active the network (transactions) the more fees will be generated for harvesting.
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schnötzel
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Bitcoin is a bit**
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March 06, 2017, 06:49:50 PM |
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With 8 k you can can collect harvesting fees even if you don't have a node (search for delegated harvesting). Not a great income ATM
How much do you get in e.g 1month with delegated harvesting? Really all depends on your balance and POI to the network. Also the more active the network (transactions) the more fees will be generated for harvesting. Let´s say with 100 000 NEM and current amount of transactions
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greentea
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March 06, 2017, 07:02:56 PM |
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With 8 k you can can collect harvesting fees even if you don't have a node (search for delegated harvesting). Not a great income ATM
How much do you get in e.g 1month with delegated harvesting? Really all depends on your balance and POI to the network. Also the more active the network (transactions) the more fees will be generated for harvesting. Let´s say with 100 000 NEM and current amount of transactions Not much, a supernode account of mine with 3million XEM only earned about 491XEM in harvesting for the month of February. But this could all change when public companies begin using NEM in day-to-day activities when lots of transactions flying around ...
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cryptonit
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March 06, 2017, 07:30:28 PM |
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this days 3 millions is the barrier to harvest + supernode reward a 5% yearly gain
this might change dramatic once the chain get high used
keep in mind its a zero inflation coin
XEM u earn someone else lose
actual supernode fund and from time to time tx fees create ur income
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franc0
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March 07, 2017, 02:38:03 AM |
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I wonder if one day they will lower the amount of XEM you need to run a supernode,3 million is super expensive now, i think for purposes of decentralization... they gotta do it.
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I'm a professional Spanish translator. Projects like WePower, Envion, Atlant, etc. Among others... are part of my portfolio. Hire me or sign me up as a bounty participant for your project!
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rigel
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March 07, 2017, 04:43:56 AM |
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I wonder if one day they will lower the amount of XEM you need to run a supernode,3 million is super expensive now, i think for purposes of decentralization... they gotta do it.
Has been discussed before. I don't think it will happen. Increasing the number of supernodes would reduce profitability
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pinkman12345
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March 07, 2017, 09:15:06 AM |
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I wonder if one day they will lower the amount of XEM you need to run a supernode,3 million is super expensive now, i think for purposes of decentralization... they gotta do it.
Has been discussed before. I don't think it will happen. Increasing the number of supernodes would reduce profitability It will reduce profitability but will it not strengthen the network even more?
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nzminer
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March 07, 2017, 09:23:54 AM |
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I wonder if one day they will lower the amount of XEM you need to run a supernode,3 million is super expensive now, i think for purposes of decentralization... they gotta do it.
Has been discussed before. I don't think it will happen. Increasing the number of supernodes would reduce profitability It will reduce profitability but will it not strengthen the network even more? Yes I expect so.
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NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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cryptonit
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March 07, 2017, 10:42:49 AM |
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I wonder if one day they will lower the amount of XEM you need to run a supernode,3 million is super expensive now, i think for purposes of decentralization... they gotta do it.
Has been discussed before. I don't think it will happen. Increasing the number of supernodes would reduce profitability It will reduce profitability but will it not strengthen the network even more? Yes I expect so. 400 test high performance nodes is way enough backbone and thats only the supernodes add any normal nodes running on top such a backbone size is only matched by a few coins even bitcoin have only like 4-6000 active fullnodes which if u consider marketcap to nodes its 6000 node to 20 billion $ marketcap = per 0.1 billion marketcap 30 nodes NEM have 0.1 billion $ marketcap and 400+ nodes so yes we have a crazy strong node backbone and with raising marketcap and transaction volume we will beat bitcoin fullnode amount
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teletobi
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March 07, 2017, 10:49:11 AM |
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I wonder if one day they will lower the amount of XEM you need to run a supernode,3 million is super expensive now, i think for purposes of decentralization... they gotta do it.
Has been discussed before. I don't think it will happen. Increasing the number of supernodes would reduce profitability It will reduce profitability but will it not strengthen the network even more? Yes I expect so. The Network is quite good secured now with the running ~350 - 400 SNs. If the value of xem rises significantly, it implies the network is used more altogether, therefor there will be more transactions and more fees. With more transaction fees it will be possible to maintain a normal Node and earn enough on fees. That's the Target, SNs won't be needed then anymore.
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suky321
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March 07, 2017, 11:56:39 AM |
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With 8 k you can can collect harvesting fees even if you don't have a node (search for delegated harvesting). Not a great income ATM
How much do you get in e.g 1month with delegated harvesting? Really all depends on your balance and POI to the network. Also the more active the network (transactions) the more fees will be generated for harvesting. Let´s say with 100 000 NEM and current amount of transactions From delegated harvesting for Feb - 543.99 For delegated harvesting for the first week of March - 221.26 It depends on the number of transactions on the network (the previous week has seen a lot of transactions) and the importance of your account to the NEM cloud. Also if you run a supernode, you'd be earning between 400-500 XEM daily as a node reward payout. If there does come a time when XEM is at $1, that's almost $500 a day earned running a supernode, however, there is the temptation to sell all supernode XEM at that price to make $3,000,000 or alternatively continue to receive ~$500 a day. I predict that there will be some supernodes that would sell up, however, this would increase the daily reward share of 70,000 XEM. Hypothetical example - IF 400 of the 500 supernodes sell up, then the remaining supernodes would be earning $7,000 a day. This would equate to $2,555,000 every year assuming the price stays the same.
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quasimodo
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March 07, 2017, 12:15:24 PM Last edit: March 07, 2017, 01:28:22 PM by quasimodo |
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Hypothetical example - IF 400 of the 500 supernodes sell up, then the remaining supernodes would be earning $7,000 a day. This would equate to $2,555,000 every year assuming the price stays the same.
If 400 supernodes sold, that would be 1.2 billion XEM or nearly 15% of the total supply The price would never stay at same price.
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suky321
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March 07, 2017, 12:27:50 PM |
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Hypothetical example - IF 400 of the 500 supernodes sell up, then the remaining supernodes would be earning $7,000 a day. This would equate to $2,555,000 every year assuming the price stays the same.
If 400 supernodes sold, that would be 1.2 billion XEM or nearly 25% of the total supply The price would never stay at same price. Yes, good point. That I didn't factor into my calculation. Thanks.
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fragout
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March 07, 2017, 12:34:33 PM |
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If the price of NEM ever does reach $1, of course supernodes will selling but it wont happen suddenly and people will sell in phases all the way up to that magic $1/Nem, Also the supernode fund is deep so rewards can increase as supernode numbers fall to tempt others to run one.
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operabit
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March 07, 2017, 12:36:01 PM |
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If the price of NEM ever does reach $1, of course supernodes will selling but it wont happen suddenly and people will sell in phases all the way up to that magic $1/Nem
I guess it's never going to happen next, and it sounds impossible.
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fragout
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March 07, 2017, 12:38:53 PM |
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If the price of NEM ever does reach $1, of course supernodes will selling but it wont happen suddenly and people will sell in phases all the way up to that magic $1/Nem
I guess it's never going to happen next, and it sounds impossible. It does but you bought btc at $1 and someone said it would be worth $1200+ within a few years, it would sound impossible too.
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3x2
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March 07, 2017, 12:41:06 PM |
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If the price of NEM ever does reach $1, of course supernodes will selling but it wont happen suddenly and people will sell in phases all the way up to that magic $1/Nem
I guess it's never going to happen next, and it sounds impossible. It does but you bought btc at $1 and someone said it would be worth $1200+ within a few years, it would sound impossible too. The one thing i know that nothing is impossible in crypto world, ofcourse it wont ever hit 1200$ because of supply but the possiblity of hitting 1$ is not that impossible.
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