A quick check on the profitability of these former star node projects
I’ve been invested in Thor nodes and Strongblock for a number of months now.
Here’s what I own:
- 4 STRONG nodes on Strongblock
- 2 THOR nodes and 1 ODIN on Thor Financial
Like everyone else, I’m really concerned with profitability given the recent meltdown in token prices.
So let’s do the math and see if these projects remain profitable.
The parameters are simple, let’s do the calculations:
- The current price of a $STRNGR token is $3.8 at time of writing.
- Here’s the recent evolution of price ($STRNGR). Not exactly brilliant, there has been a massive decline in price.
- The Node fees are $14.95 per month per node. That remains quite a high level.
- The daily rewards for an Ethereum node are 0.092 STRNGR, so that’s 2.76 STRNGR tokens per month per node. At current price that means $10.5 in…
