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      BitSend Masternode: Reward, ROI, Price and Technical Setup Guide

      BitSend

      CED Rank 687
      Master Node for BSD
      ROI (annual) 43.03%

      BitSend masternode description

      BitSend is a long-term project that aims to create a private digital currency with many features and fair distribution. The masternodes on the network are rewarded with BSD coins for validating transactions and blocks on the blockchain. They are represented as a layer of network servers that work as highly secured clusters that are resistant to attacks and provide decentralized services. BitSend is based on Bitcoin Core 0.14 and has implemented Segwit for increased scalability. Keep reading to find out what you need to run a BitSend masternode, and what the reward for doing it is.

      BitSend masternode minimum requirements

      1. You will need at least 25 000 BSD coins in order to run a masternode.
      2. An installed and configured official wallet, which can be downloaded here
      3. A Virtual Private Server (VPS) that will host the masternode
      4. VPS minimum requirements – Ubuntu 16.04 64bit OS, at least 1GB of RAM and minimum of 25GB hard drive space
      5. The wallet should be hosted on a different machine, so that you can turn it off without affecting the masternode

      How to set up a BitSend masternode

      1. Set up a VPS yourself or contact your hosting provider for VPS services. Make sure the VPS is set up with static IP address.
      2. Configure the OS and connect to your VPS using a software that will allow you remote control
      3. Install and configure the BitSend wallet. Make sure that you have downloaded the latest version. It will need some time to synchronize
      4. Send 25 000 BSD coins to the wallet address of the masternode. Make sure you send exactly 25 000 otherwise, you will not be able to run the node
      5. After all the steps above are completed, you can go ahead and start the masternode. It is done from the wallet by going to the Masternodes tab and clicking “Start Alias”.
      Name Price Annual Roi Required Coins Active Nodes Mn. Worth

      BitSend Masternode Stats

      Based on actual data over the past 24 hours

      Coin Price

      22.92189834977085

      ROI (annual)

      43.03%

      Required Coins

      0

      Active Nodes

      25000

      Mn. Worth

      0
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