I'm a part-time freelancer myself. I also worked on several gigs during my free time. This got me interested in a freelance platform involving blockchain -- Worx. Part of the reason why I'm posting this to create awareness of the platform for the benefit of fellow freelancers.
Refer to posts in this series, involving Worx coin:
* PoS: Setup Staking Wallet with Worx Coin
* Data-Driven Decision: Stake Coins vs Masternode Collateral
* Conclusion: Worx Staking vs Masternode Study
The image below is related from the last post. Where I found that putting collateral for pure MN setup doesn't really make sense, but breaks the bank as well. The VPS cost will bite you. As of this writing, I still have the 4MN +staking setup running. I failed to point out that masternode rewards were ammended and another wallet release affected the data collection. You can clearly see those in the graph.
Another point was that, not only will the masternode rewards get affected, but staking as well. The staking coins need to pass a certain maturity requirement, in order for them to start staking. So that affected the productivity. And it seems to have matured at this point.
After posting the series, I have had several inquiries of how I calculated the profitability based on the data from the exported from my Worx wallet.
Factor in VPS costs, and the picture painted gets in favor of the current mixed setup. Please don't take this as a financial advise. Use the worx-calculator spreadsheet (provided below) with your own data and see for yourself!
I have uploaded the spreadsheet in github.com -- dubbed worx-calculator. Should you want to use it for your own wallet transactions, the readme on the github address contains the procedure.
If you still need help, post them as comments below.
If you happen to find this post helpful, buy me coffee or beer by these wallets. Thanks in advance.
- Bitcoin (BTC) - 3Kyjg1Wj1PNGN3KhiRprxYvvQpdjC5kT3k
- Etherium (ETH) - 0x5F168F895C63ccC5FbEf921047bc2b63f6780c3F
- WORX - WhXE4AFWFWT13zus2thfMF4rYR7DdHSsMH
Thanks! (vote for them as witness!)
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by dillagr from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit