Creating masternodes for any crypto currency is a great way to make easy money, especially if the crypto is new like 8bit. To start off you need to download the windows or mac 8bit wallet, and get it synced with the network.
Win Wallet
Mac Wallet
Now you need 112 8bit coins for your new masternode, so go to Bittrex and purchase 113 8bit coins. You need 113 8bit because Bittrex has a withdraw fee. At today's rate you could be looking around 0.003 btc for the 113 8bit coins, which is under $2 usd.
Bittrex - BTC/8BIT
Now that you have the masternode amount, withdraw it from Bittrex to your windows/mac wallet. Once you receive the funds in your windows/mac wallet, you can now get started.
1. Go to Help/Debug/Console type the following and hit Enter:
masternode genkey
2. Copy the result and place that in the 8bit.conf file below:
(c:\ Users -> username -> AppData -> Roaming -> 8bit)
rpcallowip=127.0.0.1
rpcuser=YourUserName
rpcpassword=YourRPCPassword
rpcport=any_valid_port EX: 9228
server=1
daemon=1
listen=1
staking=0
port=9999
masternodeaddr=YOUR_IP:9999
masternode=1
masternodeprivkey=KEY GENERATED BY COMMAND masternode genkey
3. Port 9999 must be open.
4. Restart your wallet
5. Go back to Help/Debug/ConsoleType the following and hit enter:
masternode start
6. Give your Masternode a few minutes, and check if it's up in the Masternode list
7. Do not use your local IP address, use your external IP address. If you do not know what it is Type "what is my IP" in google search and you will see it.
That's it your done.....
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Extremely well explained! Thank you! Do you think now is a good time to take a masternode at 8 bit?
Join our 8bit Telegram channel to talk about all things 8Bit!
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UPD:
Here is the correct link to 8Bit chat: https://t.me/joinchat/Fj1tb0RiGWtqjnFdgrFUgg
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New Link
8Bit Group: https://t.me/EightBitChat
8Bit Channel: https://t.me/eightbitcoin
Do you have experience with running this on a virtual server for example at Vultr?
do you have to keep your computer on ?
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Thanks for the well-written post. Sadly the links are longer valid.
Thanks for well explained post!. One question if I have other Masternode (like SYNX) which also lisen to Port :9999. Is there a way to run both Masternodes on the same Windows Server?
Discord group: https://discord.gg/5E26rB