There are some projects that offer proof of stake as well as masternodes, basically two different ways to have your crypto coins on their blockchain work for you – we often wonder… which is more profitable? Well, it varies, and in this scenario we are going to conduct a public experiment that will be verifiable on the… blockchain of course!
You can monitor the Energi NRG 3.0 staking earnings here
You can monitor the Energi NRG 3.0 masternode earnings here
Last month, we posted about how we are earning $2,000 dollars a month in passive income staking cryptocurrency, staking Energi NRG was a very large part of that. You can read that write-up here
Staking address vs Masternode address
To begin two fresh addresses have been credited with 1000, and 1001 NRG. The masternode NRG address has an extra coin to compensate for transaction fees associated with converted NRG into the masternode token required for receiving masternode rewards. At the time of this test beginning, each node is holding about $2,000 NRG or $2,112 to be exact.
On block height 155,306 the staking vs masternode earnings began!
As you can see above, the staking status is set as active as well as the masternode status. With a coin balance of 1,000 coins and 1 Energi NRG masternode (the requirement on NRG 3.0 is 1000 coins per masternode, reduced from 10,000 per node before) will likely take a few days to earn rewards.
A useful resource we’ve found is off of the Energi NRG 3.0 support wiki, and by following these commands you can bootstrap your node, which gets you up and running… and earning quicker.