Is masternode profitable?
Masternodes get 66,6% and staker 33,3% which is very nice and it is much more profitable to have a masternode compared to just staking. There is room for improvement though because the price is currently a bit low. There are several factors at play to determine profitability:
- number of masternodes - there are 6 currently
- number of coins being staked. Since there is no fixed number of coins per block, it means that stake is a % of coins being staked and therefore the more coins being staked the larger the stakes. Most people seem to have left their coins on the exchange after the swop. If more people can move their coins from the exchange and stake, the larger the rewards will become.
- the dev's plans and roadmap. If the dev can publish his plans and the plans can excite the community, demand and buy orders will grow, increasing the price that will increase profitability.