Get to Know the Advanced Technology Coin Masternode
Arctic Coin, now known as Advanced Technology Coin, enables instant and anonymous payments worldwide. This experimental coin uses peer-to-peer technology and works without a central authority involvement. To host your own ArticCoin masternode, you will need to download the Artic Core software. Such cryptocurrency has several main features, defining its character. One of them is the secure transactions, where double spending is avoided by moving crypto only in one direction. That is accompanied by low fees and limitless profit opportunities with this goldmine node and no third-party involvement.
How to Make Money from Advanced Technology Coin Masternodes
The ARC masternode is a Goldmine node using Proof of Stake (PoS) method of joining the crypto world. This way, you as a holder, get 50% of every new block. The current number of such node holders is 112 in the whole network. Currently, profitability can be divided into daily (8,08 ARC), monthly (242,32 ARC) and annual (2 907,89 ARC). The reward model is simple and works in your favor. The block reward is divided into: miner 45%, Goldmine nodes 45%, Project development 10%.
ARC Masternode Setup
MINIMUM REQUIREMENTS
Main requirements to start an Arctic Coin masternode:
- Download the Arctic Core software
- Send 1000 ARC to it, no more or less. You can buy the needed amount from Livecoin or Yobit exchanges
- Get VPS with minimum 1GB of RAM (2GB for I2P) and 10GB of free disk space. In case you need to rent such a service, a good provider is Linode
- You will need a dedicated IP
- Up to date version of the Arctic Core software (a must for Goldmine holders) – this is vital because once out of the list with such nodes, further rewards are not possible. You have to update to the needed software version and things will get back to normal
- linux
- wallet
- advanced-technology-coin
How to Set Up an Advanced Technology Coin Masternode Step by Step
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Start by setting up your Virtual Private Server. The VPS you plan to install your Goldmine node on needs at least 1GB of RAM (2GB for I2P) and 10GB of free disk space. Match the requirements and you are good to go
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Install an operating system on your VPS. To connect to your server, the best choice for Windows users is Putty and Terminal.app is for macOS users
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Install the official wallet both on the main PC and on the VPS. Wait for the synchronization. When done, generate a masternode address on the machine
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Use the created masternode address and send the determined amount of coins to it. Do that by using an exchange or other places. Then the masternode.conf file can be configured on the PC.
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Go ahead and start your ARC masternode. Check if it is running on both places.