HOW TO EARN RS.20000 PER DAY BY SETTING UP CRYPTOCURRENCY MASTERNODE SERVERS IN INDIA



Today i am going to tell you about a new masternode crypto currency project with the highest income.

This project is called BIT MONEY

Before i tell you further about BIT MONEY.

First i will tell you about what is masternode?


FOR ANY QUERIES ABOUT THIS PROJECT AND MASTERNODE SYSTEMS YOU CAN CALL ANY TIME ON  09670575437


WHAT IS A MASTERNODE?




Masternodes are computers that run a BITMONEY wallet and make decisions, such as locking transactions with InstantSend, coordinate mixing of coins, and voting on budget funding. Masternodes are required to have 70000 BITMONEY collateral, a dedicated IP address, and be able to run 24 hours a day without a more than a 1 hr connection loss. Masternodes get paid 80% of the block reward on every block, which is distributed to masternodes one at a time.  Typically, around 200000 BIT is paid to each masternode every 7 days.
Masternodes enable the following services:
  • InstantSend (instant transactions). In contrast, Bitcoin takes about 10 minutes to confirm a payment.
  • PrivateSend (anonymous transactions). In contrast, Bitcoin transactions are totally public and traceable. Only the identity of the addresses is anonymous.
  • Decentralised Governance (masternodes govern, while the blockchain funds development). In contrast, Bitcoin is controlled by a few big miners and funded by 3rd party centralised institutions with self interests.
Masternodes are also given voting rights on proposals. Each masternode has 1 vote and this vote can be used on budget proposals or important decisions that affect BITMONEY.
HOW MUCH CAN I EARN FROM HOSTING A MASTERNODE?






Masternodes cost money and effort to host so they are paid a share of the block reward to incentivize them. With current masternode numbers and rewards masternodes earn approximately a 500% return on 70000 BIT for the year of 2018. This reward falls off in subsequent years but as the value of BIT MONEY is rising and the supply of BIT MONEY goes down, masternodes should still be sufficiently incentivized. This projection also doesn’t count the fees that masternodes earn whenever someone uses its services (InstantSend and PrivateSend).


WHAT DO I NEED TO HOST A MASTERNODE?




  • 70000 BIT MONEY: Arguably the hardest part. BIT MONEY can be obtained from exchanges such as CREX24.COM. For the full list of places to obtain BIT MONEY click here.
  • A server or a VPS installed with Linux: For the purposes of this guide we will be used Ubuntu 14.04 LTS. We recommend cheap VPSes such as from Vultr and DigitalOceanthough any decent provider will do. Generally a low specced one will do. I use the 5 USD ones from Vultr and they work fine.
  • A dedicated IP address: These usually come with the VPS/server.
  • A little time: When I first got into masternodes, there were only a few guides around and did not cover all the scenarios. It took days for me to figure out the best ways to do everything. However, the process now takes a few minutes. Here are a few guides that I hope will make the process a lot easier.




What Is Bit Money Project?

► Bit Money is a lending and funding, multicurrency and multifunctional online platform primarily based on blockchain generation. there investors and debtors meet every different and feature the possibility to lend cash on jointly beneficial.

► Bit Money is a completely unique service that permits individuals to access loans from the consolation in their domestic in fiat currencies or crypto-currencies.

► Bit Money is a multi-useful platform which allows every player to keep cash in a multi-currency on-line wallet, purchase and sell foreign money at the alternate, invest money, get a loan in a convenient currency.


• WEBSITE

• GITHUB

• Discord

• Facebook

• Twitter

• BitCoinTalk

• Blockchain explorer (BIT)

• WINDOWS WALLET

• MAC WALLET

• LINUX QT WALLET

• MASTERNODE SETUP GUIDE (COLD NODE)

• MASTERNODES.ONLINE (MNO)

♦ Price 1 MasterNode = 0.5 BTC (Approx Rs.2 lac - One Time Investment)

♦ Masternode Collatral : 70000 BIT

♦ Masternode Rewards : 90%-60% of Block Reward

♦ ROI in Only 1 Day , check ROI on https://masternodes.online/currencies/BIT/

♦ Email : webmaster@getbitmoney.us

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