Pooled masternodes can help you easily diversify, even with a low level of initial capital. For instance, you could invest small amounts in many different masternodes instead of lumping all the money into a single project. Generally, this is a good strategy for testing different masternode services. Plus with a third party pooling service, you do not need to manage a dedicated wallet or deal with any of the other hassles of managing a full masternode and related resources such as VPS/ dedicated computer.
Most masternode pools are provided through cloud hosting services, so we currently have an inundation of third parties offering the opportunity to invest in shared masternodes. Even so, you can still find some blockchain networks that offer shared masternodes in a decentralized fashion. That means in the latter case you do not need a third party to invest in a shared pool.
One drawback about masternode pooling or sharing services is that they can be hacked. Many have also turned out to be exit scams, with some others requiring considerable KYC to invest with them. Some masternodes will even begin by queuing your coins, which means they may not start earning immediately after you deposit the requisite collateral, until the coins join a group masternode or the company creates a new one. Besides, these pools are centralized, which some may argue goes against the ethos of a decentralized cryptocurrency.
2Masternodes by 2Miners is a fully automated masternode hosting service that allows one to buy either an entire masternode or a percentage of one. What a hosting service does is merely host a list of supported masternodes and in a few clicks, a person willing to invest in one can access and choose one from the list to begin waiting for its' returns.
Currently, they host masternodes for PIVX, $PAC, ZCOIN, DevianCoin, BitGreen, MNPCoin, Bulwark, Energi, SmartCash, Anon, Vivo, and Gobyte.
The service automatically configures the server, downloads and synchronizes the blockchain, then pays out rewards to the connected masternodes for their work. For both full masternode and share owners, the minimum payment is 0.5 coins, except $PAC whose minimum payment is 50 coins. If the reward is less than 0.5 coins (50 coins for $PAC), then it will accumulate and be paid when the minimum total of 0.5 coins is reached. Co-owners, or those creating a masternode pool, are paid based on an invested assets percentage with the service fee being deducted when the rewards arrive.
Service fees differ for different masternodes; ZCoin is 10% just as MNPCoin and Bitcoin Green; $PAC is 30%, just like DevianCoin and Bulkwark; while GoByte masternodes cost 80%. Anyone can exit their masternode at any time, for example, by selling its' shares. In the case of selling shares, the user will need to input his or her wallet address to initiate the sale. Coins are typically sent back in 3 days for a full masternode and 2 weeks for a shared or pooled masternode. Rewards are no longer received when the user exits the masternode, as is the case with all shared or full masternoes.
Buying a masternode share through 2Masternodes begins with the buyer selecting the masternode coin, then pressing the "buy share" button. While doing this, he or she must remember not to send the collateral coins from a cryptocurrency exchange wallet directly to the staking pool, but from their personal, owned wallet address.
Becoming a masternode host means beginning by selecting a masternode network to be a part of, based on a number of factors such a ROI or return on investment; coin price; coin liquidity; project and developers; and the features of the wallet involved in the process.
Dash averages an ROI of 40% to its masternodes within a group of four pooled masternode services.
CrowdNode is one of these pooled masternode services, through which participants can earn recurring rewards by sending a minimum of 1 Dash coin to a pool account for their masternode. The total amount required for a Dash Masternode still remains 1000 Dash and so, contributing 1 Dash(minimum) gives .1% ownership and a share in the node's consistent returns.
Dash masternodes facilitate private, peer-to-peer transactions directly between parties, provide governance related functions to the network and vote on treasury disbursements of the Dash block-reward allocated to the Dash DAO (Decentralized Autonomous Organization); and facilitating nearly instantaneous transactions on the blockchain.
Like many other masternode services, the Evonodes service opens new masternodes depending on how fast previous ones fill. However, when a masternode is set up and live, any coins deposited into the same pool after this point will also earn staking rewards, which means that Evonodes affords masternode owners the ability to earn both staking and masternode rewards.
In each pool on the service, everyone gets MN/PoS rewards proportionally, based on the percentage of coins held in the pool. For instance, if a user stakes coins that make up 20% of the pool, they earn 20% of all of the applicable masternode and PoS rewards.
Shared Masternode Pools from Evonodes do not require users to be linked to any specific masternode. That means when one masternode goes down, those who are staking in that particular pool do not have to worry about missing rewards since the other masternodes will be earning rewards for them.
With this arrangement, people sending coins to a pool do not have to worry about which masternode to join or waiting in the pool's lists to get added to a masternode because the previously opened masternodes have filled. Furthermore, there is no worry that a masternode could stop staking because someone left or withdrew their coins.
The service also offers an auto-reinvest feature which users can select to automatically reinvest rewards every 8 hours and provides stats about the existing pools and their balances, like those related to PIVX and other coins on the list above.
Gentarium is a masternode-hosting service with the option of deploying a full node automatically, or deploying a shared masternode. One point of possible differentiation between their service and others is that they offer support for both ASICS and GPU rigs. Their blockchain uses the Lyra2Z algorithm with an average block time of 2 minutes for their coin which is known as GTM. Mining GTM typically means getting a PoW-based reward of 50%. To get started, the required collateral is 1000 GTM.
Their list of supported coins includes: DogeCash, CMD Coin, Syscoin, Gentarium, 1x2 coin, Altbet, Polis, Birake and other coins as well. According to their statistics, they are now hosting 10, 171 masternodes with a total value of $8.6 million.
Personal or full masternodes cost $0.15 in daily write-off and a $3.99 monthly payment or $10.47 every quarter. Those choosing to buy multiple masternodes get discounts at the rate of 5% for 10 masternodes, 10% for 20, 15% for 30, and 20% for 50 masternodes. The cost for hosting shared masternodes is $2.5 - $4 per month depending on the coin chosen for 100% of a share. Overall, the fees are deducted from the rewards.
Gentarium's shared VPS currently has a total of 9,335 nodes and an overall valye of $6.2 million. According to Masternode.Buzz, the leading masternodes in terms of shared VPS are Wolfcoin at 2411 nodes, followed by Gentarium with 1,977 nodes, and Golden Fever at 433 nodes.
Their mobile app (iOS and Android) is currently in a testing phase.
Neptune Dash, which is a publicly-traded Dash masternode company with a total of 21 masternodes, recently launched their third masternode pooling service.This particular pooled masternode is dedicated to Dash owners and works like CrowdNode.
Basically, it allows a user to earn passive income equivalent to the percentage ownership for a Dash masternode. Their interest is compounded as their earned Dash is reinvested in the pooling service. They can also withdraw their Dash, including the payouts accumulated, at any point after 30 days of receipt by Neptune Dash. Although the pooling service is free to join, a service fee of 18% is retained on returns from masternodes.
According to their website, they are seeing about a 7% annual return on masternodes, meaning a masternode would each make around 70 Dash per year. The masternode is deployed within 3 business days once the user has sent collateral and is provided with their masternode address so they can view status and rewards. They can still withdraw their Dash collateral and returns at any time they wish.
Accessing this service requires accessing Neptune Dash's cloud-based system.
The company also recently launched a new pooling service known as Neptune Dash Pooling after completing its' first pooled masternode known as Pooled Masternode.
Nodehub is a service that allows masternodes to be deployed and monitored with an advanced tool.
First of all, it runs a masternode platform known as NodeHub.io which is a trustless masternode hosting platform that allows anyone to run masternodes without any technical knowledge required and only a localized wallet on their desktop.
Masternodes are deployed in three easy steps including setting up a wallet and depositing coins in the applicable wallet; making a transaction ID that contains the needed collateral and sending it to the service's website; and receiving the masternode configuration file content, then putting it into the created wallet. After all of this, the process is finished by restarting the computer involved to start the masternode. Currently, they are hosting more than 170 masternode coins such as MNPCoin, and PAC, Twins and Wire.
Payments for masternodes can be done through NodeHubPAY, which accepts payments in 25 different cryptocurrencies. Installation is done in randomly selected and well-known datacenters around the world, via the cloud. According to their website, they are currently hosting 2,284 nodes, all with a total value of $8.6 million from 179 listed projects.
Monitoring of masternode stats allows users to monitor the status of their masternodes which means payout dates, coin specifications, market stats, market changes, exits, historical revenues, ROI, social resources and governance proposals. Users can also receive notifications about all of these areas via email, including governance proposals that may be directly voted on.
The service's average pricing is around $3.90 per month (charged $0.13 daily) for cloud-based masternodes and $9.90 per month (charged $0.33 daily) for dedicated masternodes. One drawback is that refunds are not possible for payments made in cryptocurrencies.
Nodeshare was started in 2017 and was therefore, the first masternode hosting service to exist.They have a host of coins supported including Syscoin, Solaris, Crown, Crave, CollossusXT, Generic, Bitsend, and provide setup guides on how to set up masternodes for each of these coins.
A Nodexo masternode keeps a full copy of the blockchain its' on, performs governance functions such as voting for different projects and improvements to the blockchain project, in addition to ensuring privacy and security of the blockchain service. Like all other masternodes, they receive rewards for all of this.
Noxedo is mainly a hosting service that allows one to invest in a masternode without the need to personally set up and maintain any sort of specialized equipment like the VPS on which the masternode is running. It also allows investors to build their portfolio by choosing the different cryptocurrencies to reduce the impact of market fluctuations. The investment process is simple. You simply visit the Nodexo wallet, choose the masternode, deposit coins and then click invest.
The company is European Union compliant with cryptocurrency regulations related to AML and KYC. A user is able to re-invest their returns into masternode shares and withdraw all their coins at any time.
The service also has a shared masternode option, through which users can commit to partial ownership rather than buying a full masternode.
With the Nodexo service, anyone can start investing in a masternode with just €100 worth of cryptocurrencies. Of course it can be a great starting point for someone hoping to finally own a full masternode because any accumulated rewards can be used for buying a full masternode in the future. It is also a great option for those who do not want to think about the hassles of setting up a full masternode, as mentioned above.
Nodexo allows users to buy their masternodes using Bitcoin or Ethereum and are working on an API integration feature where crypto holders will be able to directly invest in masternodes from their wallet or platforms via APIs. This feature was meant to begin testing soon with Crypto Police, whose members detect scams on the internet and receive tokens for doing so.
Nodexo does not charge to deposit or withdraw coins, but a fee of 7% is applied to the payouts made to the investors and fee is equal to all masternodes. Some of this amount is spent to pay Microsoft, which is Noxido's masternode hosting provider.
SimplePosPool is a third party masternode hosting or pooling service that allows a user to register, create a deposit address for the coin they choose to stake a masternode on, and then make a deposit by sending coins from an exchange or personal wallet.
The coins will start staking once they are mature, meaning they may have to wait some time in the staking wallet to start earning rewards. Alternatively, a person can view the pool's live masternodes and book slots in a shared one. There is no minimum requirement for the coins you should stake in a given pool. Currently, over 60 masternodes are live with the service, which includes support for coins like PIVX, Statis, Linda, Bitb, etc.
SimplePosPool does not offer any sort of integration with a crypto-exchange service therefore, anyone willing to invest in one of their masternode's will have to send the correct number of coins to the service's address for payments when staking that specific coin. A person can deposit as many times as they want when staking a coin and all of these deposits will count towards their total balance and their share of the pool increases with each reward or deposit. The company charges a 3% fee for customers who are buying a full masternode. The fees for a shared masternode are, however, always 5% of each reward. These fees are employed in the maintenance of the service and team costs, with some being directed to the affiliate program as well.
Like many of the pooled masternode services on this list, you get to check all the total rewards for each of the participants using coin explorers. People holding coins in a masternode can still withdraw their stakes almost immediately and it is also possible to request to withdraw at an address of their choosing. These withdrawals are processed daily and the user involved will continue to receive stakes while they wait for withdrawal.
Snode.co is a blockchain ecosystem that aims at providing an integrated environment for multiple blockchain-based services. The central aspect to this is their masternodes which come in four variants in terms of how they're hosted: shared, instant, dedicated and trustless.
For shared masternodes, a full masternode, which requires 1000 coins to open, is divided into 10 shares and each share (called a seat) costs 100.1 coins. The masternode service also charges a reward fee of 5 percent when rewards arrive. No withdrawal fee is charged.
After a masternode's seat is filled, the remaining time for setting up the masternode varies from 4-6 hours depending on the availability of devs. The payout for rewards is processed everyday. Users can also auto-reinvest their available shares to increase their incomes. Coins can be pulled away from staking and the fee for doing so is reduced, regardless of the time remaining in the applicable staking period. If the user chooses to return to the service, he or she can do so within the time remaining in said period and pay no extra fees.
Based on statistics at Masternode.Online, this masternode service is currently hosting 1,393 active masternodes.
Stackofstake is a shared masternode service that lists 21 coins including Divi, Dash Green, GreenPay Coin and StakeShare. Also, about 6 more are listed as upcoming additions including Polis and VeChain. The platform uses the Proof-Of-Stack protocol where blocks are staked by a person who is already holding some coins to help validate a new transaction on the platform.
Like many other third-party masternode hosting services, you can set up a masternode with a single click and share pools with other investors or holders that are unable to buy a full node. In doing so, you also avoid the hassles of having to manage a VPS or any other specialized resources but you don't own the keys to your coins.
The collective pool coins in this masternode service do collect more coins than they would if they were all staked by a single person. On average, that seems to mean that you can actually multiply your income faster.
This particular service was created by the SCRIV Network team, which vets all coins that are waiting to be added to the service. With 653 masternodes currently live with a total of 3030 active users and having paid out a total of $45,100, Stackofstake has been successful so far and is still growing.
Stakecube.net supports over 40 coins for shared masternodes including popular names such as Dash and PIVX. Once the user registers and starts staking masternodes, they are able to also track their positions in order to take necessary actions and make the most out of their POS coins. Like is the case with staking pools, staking in pools on this service earns more rewards more frequently than you would do on your own. According to their website, the pool now hosts 229 masternodes, has 22220 pool members, and a total value of 20.55 BTC for its' entire pool.
One good thing about Stakecube.net is that they have a dedicated exchange, allowing any holder to exchange or swap their coins directly on the platform, all without having to send them back and forth between exchanges or through third-party bridges. Users can also get airdrops, even on coins they are not staking and every week, 10 lucky winners are selected at random to win bonuses, without having to pay anything.
Stakecube.net also has a voting aspect where the community gets to vote for the coins that should be listed, which promotes decentralized governance of the service. During this process, users can also suggest coins they desire to be listed.
StakeShare allows users to invent in masternodes through online PoS-based pool platforms known as Staking.Live and StakeShare System. Through Stake.Live, a user is able to stake any amount of coins on a masternode and so earn passive incomes, easily and automatically. Those who are interested can choose to stake in a full node or share in a listed coin's masternode with other members of the community.
On this platform, rewards are still shared among the investors based on the share of their investment. According to their website, aggregating coins in clusters may allow for faster and more regular earning of rewards. A user is able to predict what they will be earning depending on their new investment. StakeShare works through step-collateral meaning you can choose to invest from 1000 coins to 8000 coins.
StakingLab offers shared masternodes, staking pools, and what are called "shared InstantNodes," alongside other services such as advertising and consulting. Through their Clicknode platform, you can either choose to invest in a full or shared node and being a masternode hosting service, though you do not get to keep the keys to your coins. Once you are signed up, you get a dashboard from where you can monitor your masternode statistics, rewards, reward value in USD and BTC, etc.
According to their website, they have more than 3500 masternodes, 58 listed coins, over 27992 community members, and a pool value of more than $3.8 million. This services lists some of the top masternode coins such as Dash and DogeCash for full and shared nodes. The group does provide weekly updates on newly created shared masternodes. If a user finds out that the shared masternode for a particular coin that they want to invest in is full, they can still request that new live masternodes be formed.
Clicknode's shared VPS currently has 3,382 nodes, with an overall worth of $1.3 million, according to stats from Masternode.Buzz. The largest masternode on their VPS is DarkPayCoin at 546 nodes and a hosting price of $3.60; followed by ALQO at 487 nodes; and LightPayCoin at 249 nodes.
Stakinglab was established in early 2017 in Germany.
ZCore is a shared VPS masternode service that supports 96 coins and is currently running 12,132 nodes worth a total of $5.4 million. Through Masternode.buzz, you can track all of the masternodes on this VPS server or service, the highest being Wolfcoin [WOLF] which shows that it has a total of 1,538 nodes and an average hosting cost of $1.99.
Zcore is itself a coin, therefore the masternode system is just one part of the service. The ZCore Central component and ZCore Messaging are the other components. The ZCore Central component features a smart wallet usable on Android and iOS, on which users can send and receive ZCore coins. ZCore's overall service allows one to not only run VPS masternodes for multiple coins but to also monitor them. In addition to this, the community still gets to vote on proposals relating to development of the coin, as well as those ideas put forth by members.
ZCore also provides its' own mining pools, through which users get to mine cryptocurrencies. Other features are in development, such as further API-related features that can better "bridge" ZCore with other related services.
Masternode pools are great for those who want to invest in a masternode but do not have enough amount to buy a full node. For a beginner, if owning a full masternode costs 1000 Dash, a shared masternode service allows him or her to invest 10 Dash and still expect consistent returns. Masternodes are not just for those with deep pockets.