The Most Profitable Masternode Cryptocurrencies

The world of cryptocurrency presents a lot of new and exciting ways for investors to earn money. If you’ve found that you aren’t the best trader or that you simply can’t take the stress, then a buy and hold approach is likely more your style. While this can seem a little disheartening to hear about traders who make a profit every day while you’re waiting around, don’t worry. There are other ways for you to make profits by utilizing cryptocurrencies. One of those ways is by running your own masternode!

What is a Masternode?

A masternode is just a way of securing the blockchain. These nodes verify transactions, and they provide the decentralization to the network a cryptocurrency requires to survive. Masternodes need to always be communicating with other nodes on the network, and so they must always be online, and having excellent uptime is very important. In order to host a masternode, you’ll also need to lock a certain number of coins as “collateral” in order to receive your rewards. This number varies, and it can be anywhere from 500 to even 20,000 coins or more depending on the project in question. By running a masternode you’ll be able to stake your collateral coins, and then be paid a substantial reward for doing so.

However, running a masternode is not quite as easy as staking your coins using a PoS wallet on a desktop computer. In most cases, you will need to pay for a VPS service in order to do so. The uptime and resources required for a masternode are likely beyond the capabilities of your standard desktop computer and network connection. While it can be fairly cheap to do so, you should always carefully check the return of your masternode against what it will cost you to host it to ensure that your venture will be profitable. There are many VPS plans available for as little as $5 per month that would be suitable to host a cryptocurrency masternode or two. Keep in mind that if you run multiple masternodes, each one will need its own dedicated IP address. It should be easy for you to acquire multiples when hosting on any legitimate VPS service though.

What are the most profitable cryptocurrency masternodes?

Since it will cost you some money to host a masternode, you need to examine the profitability of your potential node carefully. You may need to run multiple nodes in order for your rewards to pay for your hosting plan depending on which coin you choose. While this is not difficult, you should take into account that more nodes will require more resources, and as such your VPS plan will be more expensive.

It is also important however to strike up a good balance between affordability, and profitability. More desirable masternodes will obviously cost more money to acquire, but the coins they generate will also likely sell for more money, and their value will probably remain more stable. There are many nodes that promise astronomical returns, but these projects may not be the most reliable. Likewise, if you’re a latecomer to a very popular project like Dash, it will be prohibitively expensive for most people to own a node.

Affordable and Less known Masternodes

Note: these coins listed below are new; please do your research before investing.

1. Ignition Coin

While the masternode for this coin may seem a little pricey to a new investor, this one does have a very nice return of around 200% annually, and the coin itself has experienced a hefty fall from its all-time high price. By picking up an Ignition Coin masternode now, you not only can benefit from your stakes, but you also have the potential to gain a nice profit on your initial investment as well as it moves back closer to its high price.

  • Coins required for Masternode: 3,000
  • Masternode cost in USD: $10,000
  • Masternode income per month in USD: $1,900
  • All-time high coin price: $42.00
  • Annual Return: 210%

2. Syndicate

This is a rather under the radar coin, but it has been around for some time. Syndicate was abandoned by its original developers, but the community has taken over to continue development. Keep in mind that they are going through a coin swap right now which could greatly affect these numbers in either direction. However, this highly profitable masternode coin is good at retaining value for the most part, and it’s very affordable for most people to run. This coin strikes a pretty good balance between affordability and profit which should appeal to investors that don’t have a lot to spend.

  • Coins required for masternode: 5,000
  • Masternode cost in USD: $2,500
  • Masternode income per month in USD: $495
  • All-time high coin price: $1.19

3. Vivo

This masternode coin may seem low paying, but if you’re on a budget it’s a great way to own a masternode for a relatively low price. This coin got hit pretty hard in the dip, and the return could increase if you’re patient enough to hold your coins. The total supply of this coin is very low at just over 2.5 million. If you want to learn how to host a masternode without spending a lot of money, then this one is likely your best bet.

  • Coins required for masternode: 1,000
  • Masternode cost in USD: $667
  • Masternode income per month in USD: $53
  • All-time high coin price in USD: $14.60
  • Annual return: 109%

4. Straks

This coin sank like a rock during the dip. Unfortunately, many new projects experienced this, but if you’re patient then you may get a nice return if you’re ready to hold on for the long haul. This node is trading at a whopping discount from the all-time high price. This project is much newer than some of the others on the list, however, and investors should be wary of putting too much money into an unproven project. If you’re willing to take the risk though, this coin is trading at a nice discount to the previous high price.

  • Coins required for masternode: 15,000
  • Masternode cost in USD: $8,376.00
  • Masternode income per month in USD: $770.00
  • All-time high coin price in USD: $40.00
  • Annual return: 106%

5. SmartCash

SmartCash has lots of interesting developments coming down their pipeline, and you can still get a node here for a relatively attractive price. They’re actually working on their own point of sale integration that they plan to distribute to merchants. SmartNodes will be responsible for confirming the “Insta Pay” transactions which are integral to this Point Of Sale system on their roadmap.

This is probably one of the most attractive node options for the future because they are more than just a masternode coin. They have serious development plans and a dedicated community behind them. While the discount per coin and the return are not quite as attractive as others on the list, the project is promising, and if they get back to their all-time high price your node will have made a substantial gain before rewards are even calculated.

  • Coins required for masternode: 10,000
  • Masternode cost in USD: $1,800.00
  • Masternode income per month in USD: $119.00
  • All-time high coin price in USD: $2.40
  • Annual return: 84%

Big spender masternodes

Have a little more to spend? These nodes have large price tags, but they come with stable rewards on established projects. If you have a significant nest egg you’re looking to put somewhere then these could be good options. Be prepared to spend in the five-figure range to acquire one of these.

1. Zcoin

If you’re a big spender who can afford the hefty price tag that comes with owning one of these nodes the return is decent, and the project is great. They utilize the zero-knowledge protocol for their privacy coin setup, and you can own a node for a pretty penny.

  • Coins required for masternode: 1,000
  • Masternode cost in USD: $43,000
  • Masternode income per month in USD: $1,400
  • All-time high coin price in USD: $141.00
  • Annual return: 28.5%

2. Diamond

This project doesn’t do much from a technical standpoint, but their price tends to stay relatively stable which makes the stakes valuable. They have a low circulating supply of around 2.7 million coins which helps keep the price up. Believe it or not, even with the high price tag this node is trading at a hefty discount from the all-time high price.

  • Coins required for masternode: 10,000
  • Masternode cost in USD: $62,832
  • Masternode income per month in USD: $1,750.00
  • All-time high coin price in USD: $31.00
  • Annual Return: 25.6%

3. Dash

Dash is one of the pricier masternodes but a very stable investment should you have a lot of money that you’d like to plunk down somewhere. Each Dash node receives around 2 Dash coins every week. At current prices that will net you around $1,000 per week. However, that price could more than double should Dash return to its high price. While that sounds like an awesome return, you will need a substantial investment in order to own one of these nodes.

  • Coins required for masternode: 1,000
  • Masternode cost in USD: $500,000.00
  • Masternode income per month in USD: $4,000.00
  • All-time high coin price in USD: $1,499.00
  • Annual return: 7%

If you want to suggest any coin, please let us know in the comments.

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