StakeCube - Passive Income Opportunity With Masternode Pools & Collaboration
Tokens & coins that offer rewards from owning a masternode is an excellent source of passive income. For those of you who are not familiar with or those who are just beginning to scratch the surface of getting involved with owning and operating a masternode for passive income, it may be best to get a basic technical understanding of what a masternode is and does and how you actually earn passive income from them. So here it goes!
Masternodes are computers that run a wallet and make decisions, such as locking transactions, coordinate mixing of coins, and voting on budget funding. Masternodes require a fixed amount of tokens or coins as collateral, a dedicated IP address, and need to be able to run 24 hours a day without a more than a 1 hr connection loss. Masternodes get paid a percentage of the block reward on every block, which is distributed to masternodes one at a time. For example, owning a DASH masternode typically pays out around 2 DASH to each masternode every 7 days. However there is a minimum requirement of 1000 DASH to run a DASH masternode and the cost associated with this type of masternode could potentially be far too expensive for most people. At the time of writing this post the cost of 1 DASH is $167.77 (according to CoinMarketCap) making the amount of collateral needed to run a DASH masternode of $167,770.
*Please note: Aside from providing a basic outline of what a masternode is and how it works I will be providing an option for those of you who are interested in earning passive income from running masternodes however may not have the amount of collateral (tokens or coins) needed to run a masternode.
Masternodes enable the following services:
InstantSend (instant transactions). In contrast, Bitcoin takes about 10 minutes to confirm a payment.
PrivateSend (anonymous transactions). In contrast, Bitcoin transactions are totally public and traceable. Only the identity of the addresses is anonymous.
Decentralised Governance (masternodes govern, while the blockchain funds development). In contrast, Bitcoin is controlled by a few big miners and funded by 3rd party centralized institutions with self interests.
Think of a decentralized payment processor.
Masternodes are also given voting rights on proposals. Each masternode has 1 vote and this vote can be used on budget proposals or important decisions that affect the coin or token.
HOW MUCH CAN I EARN FROM A MASTERNODE?
Masternodes cost money as mentioned earlier and as well technical effort to host so masternode operators are paid a share of the block reward to incentivize them. With current masternode numbers and rewards masternodes earn approximately 2% - 12% return. This reward falls off in subsequent years but as the value of the token rises and the supply goes down, masternodes should still be sufficiently incentivized. This projection also doesn’t count the fees that masternodes earn whenever someone uses its payment processor services.
VISUAL OUTLINE OF MASTERNODE PAYOUT STRUCTURE:
WHAT DO I NEED TO HOST MY OWN MASTERNODE?
As mentioned earlier, to host your own masternode you would need the minimum amount of tokens. Different masternodes have different token and coin amount minimums. Some as high as 250,000 coins per masternode. For example, a Graft Tier 3 masternode requires 250,000 Graft. A tiered masternode system usually offers levels as it pertains to the amount of coins you hold in that wallet. Masternodes that have a large amount of coins in their wallet could earn a larger percentage however not all masternodes offer tiered payouts. For example a DASH masternode does not offer a tiered payout for the amount of DASH held however Graft does offer a tiered payout with a minimum of 50,000 Graft being a tier 1 and 250,000 being a Tier 3. (*Please note: you may see Graft call their nodes “supernodes”. In this case, a supernode is no different than a masternode other than it may have more tokens than a masternode however Graft has chose to call all their masternodes supernodes).
The next component for setting up and hosting a masternode would be a VPS, dedicated IP address and the technical know how to setup and manage your masternode. In addition to the setup process of a masternode being a bit complex it is also very important to have the technical know how and ability to know when your masternode stops running due to the VPS stalling or from a connect loss as well as knowing how to kick start the masternode back up in the quickest possible time so you will not continue losing money from the masternode down time. Some masternodes have a required maximum connection loss time. This means that if you are hosting a masternode on your VPS you need to get the masternode back up and running within 1 hour or you may lose your ability to host and earn from that masternode. This is another important reason why it’s crucial to have the technical know-how to operate a masternode.
While masternodes can be a very profitable form of passive income, technical wise it just is not for everyone. That is why there is a platform called StakeCube that allows users to not only run and earn passive income from a masternode without any technical know how but they also allow its users to earn passive income without having the total amount of coins required for running a masternode.
With StakeCube you can earn from a series of popular and profitable masternodes with just a fraction of the required coins needed to be held in a wallet to be able to run a masternode. They have created “masternode pools” similar to what a mining pool would be. With mining, you can either solo mine or join a mining pool. Up until now, there weren’t any chooses for running a masternode without having the minimum required amount of coins. With “masternode pooling” you can now add masternodes as a means of generating passive income to your income portfolio.
I suggest opening up a free account so you can get a feel for the platform as well as see what masternodes are available for you to begin earning with their masternode pools. You may always have some of these coins in your wallet just sitting there. Now you can begin monetizing those existing coins instead of them just sitting there or you can buy some to enter any of the pools you like. You will also move up a level when you make your first deposit which makes you eligible to receive all of the airdrops on the platform. All you need is to deposit a small amount of any of the masternode coins on the platform. Coins such as ReddCoin, DeviantCoin, Bitcoin Green, etc. You can get 5 Bitcoin Green on CoinExchange.io for $10 just to move to level 3.
GET YOUR STAKECUBE ACCOUNT HERE:
Register here to open a StakeCube account and begin earning
BELOW YOU WILL FIND A SHORT LIST OF COINS YOU CAN PURCHASE TO EARN WITH ON STAKECUBE:
Deviant
Bitcoin Green
Logis Coin
Bean Cash
Crop Coin
Linda Coin
Zest Coin
Vsync
LightPay Coin
APRCoin
DraftCoin
Bitrewards
-add a bunch more! Plenty of small cap coins & tokens to build up your STAKECUBE account with!
YOU CAN ALSO VOTE FOR NEW COINS SUCH AS PIVX, WAVES & MANY MORE!
AFTER YOU CREATED AN ACCOUNT & VERIFIED DON’T FORGET TO CLAIM YOUR DAILY FREE COINS!
HOW TO CLAIM FREE COINS ON STAKECUBE?
STEP1: Register for a StakeCube account here
STEP 2: Once you registered for an account make sure to verify your email.
STEP 3: Once you have registered & verified your new account, login into your new account go to Menu >> Faucet
STEP 4: You will see a list of coins with a “CLAIM” button under each coin. Click the “CLAIM” button under each coin to get your free coins.
STEP 5: Log in every 24 hours & perform “STEP 4” for free coins daily!
StakeCube Video Review
Register for a StakeCube account here!
BONUS PASSIVE INCOME OPPORTUNITIES BELOW
EARN FREE COINS WITH MINIMAL EFFORT!
Sign up here for free payouts every 5 days of $MANNA Coin as part of their nonprofit universal basic income project!
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JOIN HERE
Get 10 NoLimitCoin for Joining NoLimit Fantasy Sports Platform
THANK YOU TO EVERYONE WHO UPVOTED & COMMENTED! FOLLOW @telegramairdrops FOR MORE FREE TOKENS & PASSIVE INCOME OPPORTUNITIES!
no team, $5 website template... registered 2018.
I would be very careful sending any money to them.
I can understand being cautious about some platforms in crypto with all the garbage that has come through the past couple of years but Im not sure where you got 2018 from since the platform was launched in 2017.
If you have any other questions just let me know. Thanks.
Where is the team?
Posted using Partiko Android
Look on the website
It’s not an ICO it is a service. Announcing the "team" is used by ICO's trying to secure investments for a project that hasn't proved profitable yet. It is the belief that the "team" behind the project, if they are heavily experienced and accomplished that their start up (ICO) has a chance of being successful too. That is why it is done. Its already well known that masternodes are profitable.
OK, that's good
Just because they are not an ICO does not mean they don't have a team backing them. Is this a decentralized network to join the Node pools?
That's not what I meant by that smart guy. Did you think I was suggesting that the work involved with running the company was being conducted by trained monkeys? Who would be doing the development work and managing the servers? Ghosts? I am talking about the fact that the team member profiles aren't plastered all over the website like ICO's do and their questions had been within that context.
You don’t have to be a smart ass, but no I don’t think the project was ran by monkeys. I’d figured it was a decentralized system with open sources coding. Ran by the people.
Also, you’re telling me you trust a company more that doesn’t post the team behind it! That’s mad. If an ICO team is “plastering” their profiles, then that shows that they trust the project enough to put their name on!
Posted using Partiko iOS
Yea I actually do have to be a smart ass because everyone thinks they know everything after less than 12 months of crypto experience. I’ve been trading stocks when you were a toddler and I’m sick of answering the same question. The team is on the website but I keep getting the same question over and over.
im right here. =)
most transparency as possible.
The domain was registered on this date.. STAKECUBE dot NET Creation Date: 2018-06-13T01:45:11Z
It's easy to do a whois search. So it's not definely a 2017 project, a 2 months old domain is too much risky and most of the coins listed there are almost unknown.
Mastornode is a very good platform, people with low knowledge can also earn a lot
Thanks for the comment!
Si se puede the union is the solution
Me too, I have same feelings
Yes you are right man , everyone should be careful before sending your hardwork money
My only gripe with masternodes is that as soon as people start earning money they start dumping the coins. So your several hundred dollar investment goes to zero when the coins are worthless. Do your research and choose coins with stable prices for a long while.
That is a very good and true point. I feel the same way about airdrops. An investment is meant to be held and earn over time. Most use them like charity!
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that is awesome of you. thanks
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I tried out Stake United a little while ago but wasn't a fan.
I eventually decided on stakecube.net instead.
And the fees are lower as well. Stake Cube is a newer platform but they just hit 5000 active users. In my opinion it is a much better platform with a lot more in the pipeline in terms of development as well, such as their own exchange which is coming online soon.
This isn't Stake United its StakeCube.
Sorry man. I have used Stake United (the original service that you were promoting) and genuinely wasn’t happy with the experience. Their discord was also dead which made me worried. I’ll delete the links if that makes you happy. I figured since you’d included your referral links without mentioning what they were that you’d be ok with me dropping links as well.
Definitely wasn’t intending on hijacking anything. Just wanted to let you know that I wasn’t impressed with SU.
Edit: What I'm wondering now is whether you are actively using either of these platforms. If you were so willing to change your post from promoting Stake United to Stakecube then it looks like you don't actually have any coin on these platforms.
I have to give you a ton of credit for the apology. I edited my comment. That was very cool of you. 99.99% of people wouldn’t have. I have campaigns in both. I’m running Pivx on SU and BITG on SC. SC is by far a better platform. You were right.
No problem mate. I’m glad you agree that SC is the better of the two.
I would like to know if you open a masternode account at strake cube say 5 tokens does the tokens go to Strake cube .or does the tokens srill belong to the investor
Hello writemore! That is an excellent question. Your coin deposit goes to you and to the masternode you select. That was an excellent question!
Sign Up is not working, no team, whois info is hidden...
I just tested the signup. I was able to register. No issue. Can you please let me know what registration issue you faced?
This is not an ICO. The reason behind ICO’s having “team” pages is that their goal is to acquire investors before having proved the project will be financially successful. Masternodes are already proven profit vehicles. If you know what masternodes are and how they generate revenue then it doesn’t matter who the team is. You can start a masternode and be a dish washer at the same time.
As far as the domain being private even Dash’s domain is private and you can check just like you checked this domain.
Some of these comments look like their only purpose is to try and damage the success of this post out of jealously instead of having valid concerns.
Good If its really massive inform opportunity for Us. so we will must avail it fro that time. Hope that will fulfill our income requirement and make huge number of real ops.
Good projact andgood income free token eran ..
Thanks sachin786!
I wonder instead of making passive income if it would be alright for me to make passive aggressive income? I would like to do it, but not be so upfront about it.
Lmao! You get an upvote for making me laugh!
it looks interesting as a source of income, as you say, the negative aspect is in the initial high investment, but nevertheless this type of information is useful as a general culture. Thank you!