On this page you will see how much it costs to be a masternode, see the approximate ROI of being a masternode and find the complete step by step guide on how to become one.
A masternode, is a server that is 24/7 accessible to the public sending and receiving information from the network, they are also people who can make governance votes on the network. And for being part of this security process, they get a percentage of profit.
The profit of a masternode is defined through the governance and the default configuration in the network, masternodes by default take 2% of each block. Here you have to define 2 things, first, each block gives 1.48 coins per block, which means that you are taking 0.0296 per block. But we must also define that the masternodes do NOT ALWAYS get this reward, here comes a second way to win, which is "A lottery". That is, if you win this lottery, you get your reward.
We will try to explain it in an easy way, to be masternode, there are 2 requirements.
|Currencies Required||800 KTV||424 USD|
|Coins Per Block||1.48 KTV||0.78 USD|
|Percentage Per Block (MN)||2%|
|Block reward (MN)||0.0296 KTV||0.02 USD|
|Current Masternodes||16||+1 (You)|
Taking into account the probability of winning that block, which would be 1/17, this would be your approximate gain
It is very important to clarify that these data are taken in real time, including the amount of masternodes and also including the price. This data may increase or decrease over time.
|Daily Income||2.45505882 KTV||1.3 USD||0.31%|
|Weekly Income||17.18541174 KTV||9.11 USD||2.17%|
|Monthly Income||73.6517646 KTV||39.04 USD||9.3%|
|Yearly Income||896.0964693 KTV||474.93 USD||113.15%|
The first thing we have to do is to have the wallet installed on our computer. To install it, go to the "Downloads" page and then choose "Windows" (most used operating system). Downloads
Once you have the wallet downloaded, first we must place the coins needed to mine, remember that currently they are:800 KTV
If you do not have the corresponding amount of coins, then you must first go to your wallet, click on "Receive" and copy the generated wallet. Then on the actual web page, go to "Buy Offline" and buy the 800 coins to your windows wallet. Buy
Once you have the coins and the wallet installed, now you must rent a VPS using VPS.AG, the machine to rent can be the basic one. VPS.AG
From here you should watch the following video tutorial Tutorial
You will need the following link to set up the VPS GitHub