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    Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2761749 times)
    rickyjames
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    February 24, 2014, 02:48:55 PM
     #36821

    to put it in numbers
    Account  1900 Nxt

    1440 blocs per day
    1 blocs per year with 1900 Nxt
    fee per bloc (For example) 100
    Profit per year 5.3%
    5.3% must greater than cost of maintaining the node and remain immobilized the funds (oportunity cost)

    If 1 Nxt = 1 dollar

    Account  with 1900 Nxt will generate 1 dollar for maintaining the node and remain immobilized the funds (oportunity cost)
    When is the change of fee planned to 0.1 NXT? I think if NXT is been calculated more in decimals behind the comma(point), 1 NXT will get more valuable. Pure
    psychological.

    sorry  Undecided

    to put it in numbers
    Account  1900 Nxt

    1440 blocs per day
    1 blocs per year with 1900 Nxt
    fee per bloc (For example) 100
    Profit per year 5.3%
    5.3% must greater than cost of maintaining the node and remain immobilized the funds (oportunity cost)

    If 1 Nxt = 1 dollar

    Account  with 1900 Nxt will generate 100 Nxt = 100 dollar for maintaining the node and remain immobilized the funds (oportunity cost)

    Keep thinking.  You had to run this node for a year, so the 100 dollars has to cover a monthly operations cost of 100/12 = $8.33 per month

    So....

    IF the block you capture once a year has 100 NXT in fees in it and
    IF each NXT is worth $1 and
    IF your monthly hardware amortization, bandwidth costs, and electricity costs are less than $8.33 per month

    Then you made a monthly profit = $8.33 - monthly server costs

    Anybody out there running a VPN for less than $8.33 per month?  
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