Quote from: aardvark15 on April 07, 2018, 12:31:02 PM

Quote from: Weawant on April 05, 2018, 10:41:02 PM

Quote from: deevan on April 05, 2018, 10:38:05 PM

Quote from: adamgilbert912 on April 05, 2018, 10:08:03 PM

Which do people prefer? Staking/Masternodes or mining?

Staking is more profitable & affordable, as in mining you have to buy expensive GPU or antminer, due to a high demand for GPU cards nowadays the price of GPU's are touching to the sky. Also, mining requires high electricity consumption & computational power to mine, and as a result, you have to pay high electricity bill & profit will be very less, so mining is not profitable as it was before. Staking your coins in a wallet or running a master is a good choice as you just need a laptop with an internet connection & just hold your coins in wallet & you will be getting 5~15% dividend annually depending on the type of POS based coin & amount of coins you are holding.

Mining apparatus are now so expensive due to the difficulty risen up got by the crypto's but if you consider to risk with the latest GPU's and other things then maybe you will gain more money with that since you could stake the coins that you mine. But apparently not all people can afford to buy high end GPU's so rather I think many of them would prefer to choose the staking.

I think the main problem with masternodes is that most coins/tokens require a large number of coins in order to run one. Does anyone know of some good coins that dont require very many?

Another limitation is that my understanding is that a masternode has to be constantly running so you need that laptop running all the time. It would be interesting to see a list of coins that can be staked and the ones that use masternodes.

That's not necessarily true. There's a lot of reliable masternodes you can get for cheap such as QBIC, Innova, VIVO, and a bunch more. I run my own masternode and your laptop or computer doesn't need to be running constantly. Your VPS needs to be running constantly and you can get one of these for just $5/month. A third party keeps it running for you through cloud computing.

One limitation is that Masternodes can be pretty complicated to set up though... I found this new service that I like though that will show you step-by-step on how to set one up. It's only $50 right now and there's a 30-day money back guarantee.

Here's a link to their Bitcointalk thread >>> https://bitcointalk.org/index.php?topic=3213738
Here's their website too >>> setupmasternodes.com

I know the guy that created it, so let me know if you have any questions.