What do Bitcoin Mining and Masternodes have in common?
In both cases, crypto-currencies are generated in the form of block rewards and based on the transaction fees for the customer. In Bitcoin Mining, Bitcoin is generated directly; in Masternode Staking, the generated coins must first be sold on a trading platform at the current market value.
What are the differences?
With Bitcoin Mining you need special hardware, so-called “ASIC Miners”. A masternode can be operated on a standard virtual server from 1.99 Euro per month in a normal datacenter. You also need special cooling and extremely low electricity prices for mining, simply because the energy consumption is so high due to the “proof of work” procedure.
For masternodes, you must own a minimum quantity of the corresponding coins and thus legitimize yourself for participation in the governance process. Masternodes are services that perform special tasks in the blockchain and use the “Proof of Stake” procedure.
Summary of the advantages of masternodes
No high energy consumption
For some coins more than 100% return per year
If a coin drops, you can also sell it again
No expensive hardware acquisition
Daily returns based on block rewards
Increase in value of the masternode during operation possible
MiningMasternodesLong-term orientationIncomeFlexibilityCurrent ProfitableNOYESDeposit bound foreverYESNOYield in Bitcoin possibleYESYESRisk
Masternode Pool Provider
A masternode pool provider is a club that operates masternodes for you and distributes your capital among different masternodes. You don’t have to worry about anything and don’t need any technical expertise.
For example, GetNode distributes its members’ paid-in Bitcoin to over 40 different masternodes. In principle, this is like a diversified investment in crypto-currencies that also generates a return.
After 180 days, the Masternode Club then offers its members to have their current pool value (which can be higher or lower than the deposited Bitcoin) paid out again. Usually, however, one leaves one’s deposit in the Club to generate further returns.
Earn Bitcoin with master nodes from 0.015 BTC – For beginners
Recommendation for beginners: Der Masternode Pool Club PoolNode is the little brother of the company GetNode. PoolNode enables its members to participate in a unique Masternode Pool which is already over 100 Bitcoin in size. PoolNode achieves very good results through active management of the pool and continuous acquisition of new master nodes. With GetNode you can participate from 0.2 Bitcoin and with PoolNode from 0.015 BTC.
Earn Bitcoin with Masternodes
Editor’s recommendation Der Masternode Pool Club GetNode is the only provider of its kind. GetNode enables its members to participate in a unique Masternode Pool which is already over 100 Bitcoin large. GetNode achieves very good results through active management of the pool and continuous acquisition of new master nodes.
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