What is a Masternode and How to Profit Off it? [$Dash/$Pivx/$Excl]

What is a Masternode and How to Profit Off it? [$Dash/$Pivx/$Excl]

What is a masternode and how can you profit off it? Masternode started as an anonymous mixer by Dashcoin, which allows users to run masternode and process anonymous transactions. Now, to run a Dashcoin Masternode, you need 1000 dashcoins. Running a Dashcoin masternode will yield you around $3-10K per month depending on how many people are running masternode and the price of Dashcoin. (This is a rough estimate.)

Since to run a Dashcoin, you will need around $200K, this may not be feasible. There are cheaper alternatives like Pivx or ExclusiveCoin, Pivx will cost around $18K to run a masternode and ExclusiveCoin around $1.5K.

While profits are not that great with Pivx or ExclusiveCoin, the profits may skyrocket when the coin value jumps up so it may be a good idea to slowly accumulate some of these coins if you want to run masternode one day.

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