Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency

A few newbie questions (Dash is attracting attention...):

1) To run a masternode, besides having 1k dash in a wallet, do I need a computer working 24/7? What happens if there is a downtime (let's say I run out of power, my ISP is down, or whatever...)? Do I lose rewards for that month?

2) If I run a masternode on my computer with 2k dash, do I get twice the reward? Or do I need to have 2 wallets and 2 computers to earn twice what I could earn with 1k dash in a masternode? Or one wallet with 2 computers?

I hope the answer helps other people interested.

Thanks!

1) Yes. If your masternode drops off the network you are moved to the back of the payment queue (once you are back online) so yes you will lose payments. To combat this issue, most of the community uses a VPS to host one master node. A VPS capable of 24/7 up time with enough hw to run a masternode can be found for $5 - $15 a month(at current prices a masternode makes over $600 a month before expenses).

2) Yes. You can create multiple masternodes from the same wallet. There is no limit that I am aware of. (Note: This assumes you are using the local-remote masternode set up method. You will need a separate remote VPS for each masternode, but the coins can be in one local wallet.)

Thanks for answering and even more thanks to you for giving a solution (VPS). VPS seems to pay off, especially at these prices.

Small clarification: if your masternode goes down for a few minutes, it's not a problem. I'm not sure if this has changed, but it used to be that after 70 minutes of downtime your MN was removed from the payment queue. Could be less now, I'm not sure. Bottom line is that if your VPS reboots or something weird, it doesn't necessarily screw you up too bad.