Suck At Trading? Earn Passive Income With MASTERNODES Instead
- Thread starter Bigstar20
- Start date
It is free money, but you have to have about $20k to start and be willing to leave it in one coin. Analogous to BTC miners, they have upfront costs of hardware and energy but then they get the "free money" BTC as reward. The reason everyone isn't doing it is that a lot of people don't really know how blockchains work and even when they do it takes quite a bit of capital to do it. If I could afford it i'd have VEN and WTC masternodes for sure, but I'm a pauper.
- Mar 21, 2013
- 24,786
- 31,564
Mining Bitcoin isn't free money, there is a large expense in mining costs.
Right, but this is not mining. POW /=/ POS
Thanks for the lookout OP, I'll be buying 5k tokens today or tomorrow on it and than reevaluate for the other 5k for the masternode when the news that they have been hyping up on twitter drops later in the week.
yeah, like I said, they have upfront costs of hardware and energy. with the masternodes the upfront costs are mostly from staking enough of the token. these proof of stake networks need masternodes to run effectively, but to make sure that somebody bothers to there has to be an incentive, that's provided by giving masternode holders additional tokens. at least that's my understanding of it.
Adam718
BANNED
- Jun 19, 2012
- 1,401
- 699
Yes man, its completely passive money. You buy required amount of coins, setup a masternode and you will receive daily payouts/rewards.
Thing is that its not so easy to setup a masternode and keep it working well 24/7, also to own a MN cost a lot of money.
Because of these issues i have my own service which I am planning to run here on BHW. I with my team setup MN. We do deep research on MN, check the team, the project first before we start a MN and later offering for people to buy 'seats' and be a part of MN. this give opportunity for people who dont know how to setup MN and who dont have enough money to buy required amount of coins.
OP what are the weekly payments like now with ALQO? Seeing as you wrote this back in January I’d be interested to know what it’s like now.. based on current prices it’d be less than $4k to get the 10000 coins and set up a masternode now.
If payments are the same as before I’m about to set up 10.
If payments are the same as before I’m about to set up 10.
Neoprox
Junior Member
- Jul 12, 2012
- 135
- 43
umm check the link he posted, $279.9879 / Month
Yeah doh! seen it then after I commented.. thought I’d hit the jack pot for a few minutes
Neoprox
Junior Member
- Jul 12, 2012
- 135
- 43
The confidence that this guy from "The DIVI HQ" gives me is amazing, I will definitely be buying 10 masternodes because some guy copied existing code and made a masternode coin.
"I started programming when I was 13 years old, and now im 14 so give me money for masternode" bonus: these is even a video of his mom there so make sure to check out their youtube channel
Im joking of course, probably a nice and serious project..
"I started programming when I was 13 years old, and now im 14 so give me money for masternode" bonus: these is even a video of his mom there so make sure to check out their youtube channel
Im joking of course, probably a nice and serious project..