Hello, my friends! I would like to introduce you to a new passive income opportunity. For a while now I have been looking at different options for making some money with cryptocurrencies. I tried to trade Bitcoin and even mined it a little, but then a long-time friend referred me to a master-noding service he had just set up. At the time, I had no idea what it was all about, but after he explained a little, I decided to try it as I’d known him for so long. I put some money ($5000) into the system on 1st November 2019 and, as of 1st August 2020 it’s made me 141% – completely hands free.
Here are my last few months’ results (the details are from my member area, but as that was only put live in March, it doesn’t itemise the first 3 months) which I will keep updating as things progress!
MASTER-NODING HOW DOES IT WORK?
In addition to the advantages of the blockchain as a technology, it is possible to achieve interesting yields by providing computing power and storage space in combination with special software.
It is not Mining!
In recent years, the process of “mining” (based on proof-of-work consensus – PoW) has been very popular – especially with Bitcoin.
However, with more and more miners competing, an ever-increasing technology investment is required, along with an ever-increasing amount of energy.
This has made mining significantly less profitable than it once was, and can often actually be unprofitable when electricity costs are considered. More pertinently, the impending “halving” of Bitcoin will instantly reduce mining returns by 50%!
An alternate way to earn revenue is by providing technology (a master node) that relies on a proof-of-stake (PoS) approach.
A master node, like any other full node, is a node server within a network, and full nodes are important because they process transactions and store them in the blockchain.
However, a master node operator has rights beyond those of a normal full node operator, and is required to manage more critical tasks – bringing the operator higher rewards.
In order to obtain the status of a master node, the master node operator must deposit a specified number of the relevant coin. For this “staking”, along with performance of the required tasks and the provision of computing power plus storage space, the operator receives rewards based on the corresponding coin (proof-of-stake).
By operating appropriate master nodes diligently whilst constantly monitoring and optimizing with clever strategies, extraordinary profits can be realized.
Master-noding is NOT trading, so loss of capital is highly unlikely. Naturally, there are expenses, but servers are rented and contracts can be cancelled.
Clearly, fluctuations in coin prices affect the market, and master node earnings are always in coins, but the guys monitor the master nodes constantly (24/7) and are able to react quickly to any events that might impact the yield.
Since the deposited stake becomes free again when a master node is switched off, you can get back deposits at any time.
Maximum Deposit: EUR 250,000.00
Duration: 24 Months
The contract can be cancelled at any time after the 6th month. Deposit and interest are paid in Euro, US-Dollar or Bitcoin.