Running 6 DASH masternodes earns over 600 USD every month now

in dash •  8 years ago 

Running 6 DASH masternodes earns over 600 USD every month now 

(as of August 2016) 


Here are the numbers: 

6 DASH Masternodes earn around 50 DASH per month. 

1 DASH is currently worth USD $14 

50 x 14 = USD $700 

You will probably have to pay for 6 VPS servers. At vultr for example they only cost me USD $ 21 per month. 

My nodes earned 679 USD in the last 30 days. 


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The privacy focused cryptocurrency DASH (formerly Darkcoin) offers a monetary incentive to people who hold DASH and set up a masternode. 

https://www.dash.org is the official site for DASH 

Read the info on dash.org to learn more about DASH. 


If you own 1000 DASH, you can use them as a collateral to run a so called masternode on the DASH network and earn DASH while it runs. You do not have to send your DASH to anybody else in order to do this, you can leave the 1000 DASH in your own wallet, under your own control and you can spend it at any time. 


You can buy DASH cryptocurrency on the exchanges listed here in order of trade volume: http://coinmarketcap.com/currencies/dash/#markets 


Here are some good setup guides for setting up your own DASH masternode: https://www.bolehvpn.net/blog/2016/02/07/what-is-a-dash-masternode-and-how-do-i-set-up-one/ 

and 

https://www.dash.org/forum/threads/taos-masternode-setup-guide-for-dummies-updated.2680/ 

I found that using those two DASH masternode tutorials, some common sense and some experience with Linux servers, ssh and the command line you can set up your masternode easily for example on your own server, vultr, digitalocean or Amazon EC2. There are even tutorials for the raspberry pi 3. 

If you need help, you will find a helpful community on the DASH forums: https://dash.org/forum/ 


To monitor your masternodes a very nice tool is DASH CENTRAL (formerly Dashwhale.org) https://www.dashcentral.org/
With the awesome Android app, you can view your income at any time as shown in the example screenshot at the beginning of this post. 


If you can not afford to buy 1000 DASH at this time, you can also own a share of a DASH masternode. Check out http://dashmasternode.org/masternode-shares/ or https://node40.com/

There is nothing more satisfying than opening the Dashwhale app on your phone and watching your masternodes generate a monthly income that you have full control of. No bank owns your money and restricts you from doing with it as you please. 


follow @goodcore on steemit 

https://steemit.com/@goodcore 

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  ·  8 years ago (edited)

If you invested that roughly 135BTC into SIGFARM (https://sigwo.com) you would clear roughly $11,310 a month...
6000 Dash * 0.02201503 = 135.81449280 BTC
135.81449280 BTC = ~$78,530
Each rig is ~$2700, so $78,530 / $2700 = 29 (rounded)
Each rig hashes at ~175MH/s, so 175 * 29 = 5,075MH/S (5GH/s)
I have 5 of these rigs right now, and you can see my past 5 month performance at the link above, in the top left corner of my site. I grossed $3,338.99 last month. So we can baseline with $600 per rig ($3000 / 5) to be safe:
29 * 600 = $17,400 Gross Profit, per MONTH. My operating costs are roughly 30% to cover electricity and planning for lifecycle. I'll increase that cost to 35% for expanding to a dedicated facility. This is a real mining operation, not some 'cloud mining' thing where you have to buy contracts. As long as you hold SIGFARM assets (a token on the NXT Blockchain) you are guaranteed payments every month.

can you add me on skype.. or steemit chat to talk further? [email protected]

add for reference, and ROI stats, how much a dashnode costs now.. and in how many months there will be a ROI. Just for reference use 10usd/ dash.

ROI in this case is not relevant imo. You are not investing the 1000 DASH, you do not give your 1000 DASH to anybody else, you maintain them in your own wallet. Compare it to a savings account that earns interest.

Buying 1000 DASH for one masternode cost you 14.000 USD right now. You earn over 100 USD per month with one masternode, that is 1.200 USD per year. The current interest rate is 9.48% annually.

Remember you can spend your 1000 DASH within seconds at any time and sell them.

DASH price is likely to go up as well. For example when I bought DASH a few months ago it cost 7 USD per DASH, so I also doubled the USD if I was to sell all my DASH right now.

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The price is $28x right now...OMG
Are you still running masternodes? Is it still profitable?

Can you please guide the strategy for year 2018

  ·  7 years ago (edited)

Probably now he is spending a time trevelling a world and not sitting here anymore ))) One masternode now generates 5k a month. So if he still have it all 6 nodes he is making a good amount of money and plus 6 nodes are 700k each )))

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