How are MasterNodes Profitable for us?

in #bitcoin6 years ago

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MasterNodes are very useful for Cryptocurrency Investors as running a MasterNode provides them a lot of Incentives. It is just like earning a monthly or weekly interest on your Cryptocurrency Holdings.
Although different cryptocurrencies have different incentive models the ROI varies not to drastically. You can also call this as another of your Passive Income.

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If you are invested in a Cryptocurrency that allows you to run a MasterNode, you should definitely explore that option of earning as it will serve as another Medium of Income for you.

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Another thing to understand here is that you should choose the right currency for investment if you are solely investing in running a MasterNode. What I mean by this is that you should Calculate your ROI and Invest smartly.

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There are numerous cryptos out there in the market that allow you to run a MasterNode but not all of them are worth it because they provide only a Meager cut of Incentive so you should look for better Options.

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You got a 4.26% upvote from @upmewhale courtesy of @arunava!

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Great post @arunava

How do one run a masternode?

Excellent post friend I think MasterNoder is a very good option to earn incentives and grow positively in profits. Thanks for the post.

With BiblePay you can run a Masternode (which we call "sanctuaries")
https://masternodes.pro/stats/bbp/statistics

You will also have the knowledge that you are helping needy children around the world (we currently sponsor over 300!)
https://steemit.com/cryptocurrency/@biblepay/what-is-biblepay

@arunava I am just hearing this for the first time. I will be expecting you to make Master node more explicit. I want to ask if Steem also supports node.

Thanks for sharing this vital information @arunava with love from @hardaeborla

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