Post
Topic
Re: [ANN] ❤ Medic Coin ❤ Folding@Home GPU Mining Masternode Coin
by
AcroYoga
on 15/04/2018, 23:32:07 UTC
I was so excited to discover Siacoin discord as I've always been on my quest to find a Sia Masternode or quiet (below 75dB) Sia mining rig. Below is the conversation with one of the articulate developer, contributor, moderators:


Cpt Neemo - Todat 3:03 PM
@everybody  I want to learn blockchain programming. Right now I want to invest in a Siacoin Masternode. Have any developers here at Sia know when Siacoin Masternodes are coming online?(edited)

RBZL - Today at 3:04 PM
There are no master nodes

Cpt Neemo - Today at 3:06 PM
Yeah I've searched the entire galaxy and can't find any yet. But when are they coming online?

RBZL - Today at 3:06 PM
None are planned. Not every crypto project has them

Ramon - Today at 3:37 PM
Take siafund @Cpt Neemo

Cpt Neemo - Today at 3:41 PM
@Ramon  I've joined Siafund channel. Do they operate like shared masternodes?

RBZL - Today at 3:48 PM
No, there are 10,000 of them and they receive a small fee on storage contracts on the Sia network, split between them. One Siafund currently costs around 1 BTC, and someone who's had one for 2 years (don't remember who) said they've earned somewhere around 250 SC over that time. They're a long term investment but don't return much right now, you'd be banking on Sia becoming very large and successful in order to ever see ROI on a Siafund
See also https://siastats.info/siafunds

Cpt Neemo - Today at 5:55 PM
@RBZL Thank you. So I Siafund is 1BTC , approx 450K SC. So 250/450 =  about 54% ROI over 2 years = 27% per year. Not bad at all. And of course that does not include the gain in value. If it were to go 5X over 2 years from today, that would be  over 100% annual return. That is similar structure, payouts and return from masternodes. How much  SC do I need to sign up? :smiley: :whale:(edited)
RBZL - Today at 5:55 PM
Not 250k SC, 250...
Like approximately $2.50 USD

Cpt Neemo - Today at 5:59 PM
@RBZL  Hmmmm, that means I'm still on my quest to find the Sia masternodes. :broken_heart:  :whale2:

Cpt Neemo - Today at 6:02 PM
That's the return I get on my Medic masternodes in one hour

Bryan EasySia - Today at 6:06 PM
it's 125 years for the current ROIfor SC
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