As with most things in life, electricity is not free. Mining is mostly using energy to solve complex calculations, which prove the transactions happened. Well, there is another, more efficient and Eco-friendly way -
Masternodes. One of the most advanced coins out there which utilizes Masternodes and their low power usage is
XDNA.
XDNA - The Masternode coin
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| XDNA logo |
Mining XDNA coin
It has it's own Proof of Work algorithm called HEX. So you can GPU mine it. It consists of 16 different algos, chained together for maximum ASIC resistance. After the project matures enough, the
mining will stop and all transactions will run through secure
Masternodes.
They contributed with another XDNA specific invention: variable reward they call BitGun. Basically, it takes care of the miners to receive the same reward regardless of the difficulty spikes or drops.
So no matter how many miners jump on it, the rewards will be steady. Other coins like Etherium already took a huge hit from variyng difficulty. This cannot happen with XDNA.
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| Main XDNA coin features |
Their Bitcointalk announce
thread provides links to miners and pools you can use.
Being part of the XDNA Masternode network
After about 3 years of mining, the network will have many nodes which earn income to their owners, while moving transactions. This will happen for a very small price and with negligible power footprint. With today's Bitcoin 0.5% of total global power usage, energy efficiency will become more and more important. XDNA does not require thousands of dollars for ASIC machines or GPU farms. Running a node is simple enough. It allows also small players to join for as low as 1000 XDNA coins. This will give them 3% of global block reward. Other masternodes worth 3000 and 5000 for 9 and 15% reward:
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| XDNA Masternode reward |
This is called T.N.T and stands for triple node technology. It's aim is to avoid pyramid schemes. This is another in house invented tech. You can easily calculate the reward using the
Masternode calculator.
Exchanges:
The coin is still young but the joint efforts of the team allowed it to be added to two exchanges (at the time of the writing, there was a third one coming soon). Currently it is listed on:
2.
Crypto-Bridge (decentralized)
How to earn XDNA coins and help secure the network?
PoW mining the Hex algo at a pool is the first option. While mining is becoming thing of the past with each day, you might consider buying a masternode. Since the coin is still young, the Light node
only costs 1000 XDNA. If you are broke, you can still get XDNA. Just follow their
Discord,
Bitcointalk and take part in their bounty program. It's very generous, so you can make some coins for free.
The Community is alive and chat has always something interesting going on. Apart from that, the team has also created a
charity organization for helping people in tough situations. Since it is in the blockchain, it is wide open for public.
Why should I invest in XDNA now?
The current market is perfect for investing. Low prices, everybody is uncertain. The worst time would be when everything booms and everybody is buying for the hype of it. Currently the XDNA coin is still minable, a light node was worth about a $100 at the time of the writing. All other masternode coins usually start at around $1000. There are still an active bounties which allw you to gain enough XDNA coins for free. Just invest some time and it will pay out.
Latest XDNA news:
1. BitGun levels will be adjusted:
Block reward values will be gradually decreased, while the reward portion for the masternodes will be increased. A fork will induce the lowering of rewards at all Bitgun levels by 10% per month during a period of 24 months. By the end of this period, the reward on the first level will be 0.35 XDNA, while the 15 lvl reward will become 9.66 XDNA. This measure is aimed at raising the value of the coin, since it will gradually become harder and harder to obtain.
New Shared MN service
https://evonodes.com/ Many thanks for your votes!
– New one click launching MN service Gentarium
https://mn.gtmcoin.io/ – New crypto site for monitoring
https://masternode.fans/coindetails/xdna – Listing on a crypto currency fully automatic exchanger –
https://cryptowolf.eu/ 
2. Media and marketing New amazing articles about XDNA on Medium, Steemit and Altcoinlog.
Check this out now, if you have not done yet
–
https://medium.com/@hitmancro/project-xdna-3-months-later-99a7abddadc –
https://steemit.com/cryptocurrency/@hitmancro/project-xdna-3-months-later –
https://altcoinlog.com/xdna-cryptocurrency/ 3. Website Update
– Added “Our team” section, where real people and their contacts are indicated
– Added news section to take the first step towards globalization of our media company.
Further, this process will only get better – Reflected 2 DDoS attacks, as well as removed more than 3 infection of the site and soon we will fix this issue finally
4. Project
We have considered the comments of our community on all resources and wishes, as well as saw your concern about the situation. In this regard, 2 options were developed to optimize the economic model of the project and based on the results of an open vote, we chose option # 2 :
– “Reducing daily emissions comprehensively at all levels of the BitGun algorithm in a comfortable depreciation period of 24 months with a step of 10%.” Implementation date-20.10.2018.
5. XDNA Foundation
At the moment, we are finishing the last preparations before the open release of the alpha test platform.
Within a month we could not pass by one case that touched our hearts – the question of saving the life of a little boy – Arthur. As a result, for the first time in the existence of the project, we touched the means of XDNA Foundation and with Your help paid one of the bills in the clinic.
6. Team.
We continue our international expansion and improvement of the local quality of information about our project.
During this campaign we invited 2 new Community Managers
– @JoaquimF (Brazil)
https://t.me/XDNABrasilChat– @RivAngE (Greek) to the team.
Also @Nikertos Joined our Development team
7. Offline marketing.
Our project from the first days told everyone that we position ourselves as a long term project and build our policy and promotion strategy, including on the basis of this statement. At the moment, our marketing budget does not allow us to participate in all crypto-conferences that take place around the world, but we decided that it’s time to start looking for new members of the community, investors and those who want to use our platform not only on the Internet. In this regard, we paid for participation in one of the most important conferences of this year
– Blockchain 2018, which will be held 7-8 November in Saint-Petersburg
8. Mining.
One of the key factors that we managed to achieve at the beginning of this month is the recognition of our new HEX algorithm as such an absolute leader of crypto-mining calculators as whattomine.com!
They not only promptly updated the information about our project when implementing the hard fork with keccak algorithm and updating the Bitgun levels, but also added the HEX algorithm to the main page of their calculator
