How Do Masternode Help You Earn Income By Staking?
Masternode is a relatively new concept, which was introduced as an alternative to trading PoW-based cryptocurrency mining and trading. The idea is to encourage the crypto investors to hold their coins for long term in exchange for interesting rewards. We all know that the PoW mining industry has its limitations, as it suffers from issues like high energy consumption, increasing demand and competition, and the high cost of network resources limiting the profitability for miners. As the profitability in traditional crypto mining decreases, miners are constantly looking for newer, better ways to make money in the crypto industry. What is a Masternode and How is it more beneficial than traditional crypto mining? Well, for one, Masternodes do not require you to make a huge initial investment in purchasing sophisticated mining hardware, resources, energy supply, etc. in order to start earning a stable income. Second, using a Masternode for generating an income is much easier than mining ...