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Bitcoin => Bitcoin Discussion => Topic started by: arbitrage on January 19, 2016, 12:40:31 PM



Title: How to create Bitcoin master node for dummies?
Post by: arbitrage on January 19, 2016, 12:40:31 PM
Help me to provide info for creating Bitcoin master nodes.
Can ern fee this way?
What about security?
How to start, what do l need ?





Requirements min - 2 cores, 4GB RAM and >100 GB disk space


Title: Re: How to create Bitcoin master node for dummies?
Post by: Liquid71 on January 19, 2016, 12:45:53 PM
master nodes are a pyramid scheme used by altcoin DASH not Bitcoin.

If you want to run a node and earn some Bitcoin I would suggest the 21 Bitcoin computer

http://www.amazon.com/21-INC-21BC1-Bitcoin-Computer/dp/B014RD021C (http://www.amazon.com/21-INC-21BC1-Bitcoin-Computer/dp/B014RD021C)


Title: Re: How to create Bitcoin master node for dummies?
Post by: arbitrage on January 19, 2016, 12:48:09 PM
Please if someone have instruction for creating nodes post it here !
But please let it be understandable and easy for newbies.
Thanks!


Title: Re: How to create Bitcoin master node for dummies?
Post by: shorena on January 19, 2016, 12:58:55 PM
Please if someone have instruction for creating nodes post it here !
But please let it be understandable and easy for newbies.
Thanks!

Its difficult to help you if we dont know what you want. If you just want to run a full node, just install bitcoin core on your machine and let it run as often as you can. Done, thats it.

You can use a dedicated machine for that as long as the hardware is not too old. I suggest at least 2 cores, 4GB RAM and >100 GB disk space to run a full node for the next year. Next year the disk will probably be full and the memory might not be enough, hard to say.


Title: Re: How to create Bitcoin master node for dummies?
Post by: arbitrage on January 19, 2016, 01:06:19 PM
Is it worth of it , electricity and work on maintenance?
So if i dedicate my pc for node, can l use it for watching movies ,internet, mails?
How you ern your fee?


Title: Re: How to create Bitcoin master node for dummies?
Post by: shorena on January 19, 2016, 01:13:27 PM
Is it worth of it , electricity and work on maintenance?

I dont know if its worth it for you. The servers Im currently looking at cost ~100EUR per year to run a full node. You usually get nothing in return in terms of money.

So if i dedicate my pc for node, can l use it for watching movies ,internet, mails?

Yes, bitcoin core sometimes hinders streaming, but you can just turn it off and back on later.

How you ern your fee?

You dont. Thats what miners do.


Title: Re: How to create Bitcoin master node for dummies?
Post by: arbitrage on January 19, 2016, 01:18:47 PM
So all that work for no satisfaction?
So why would someone create nodes if there is no earnings?
Or i missed something.


Title: Re: How to create Bitcoin master node for dummies?
Post by: shorena on January 19, 2016, 01:25:43 PM
So all that work for no satisfaction?
So why would someone create nodes if there is no earnings?
Or i missed something.

I find it rather satisfying to run a full node. It helps the network and I know others that dont rely on those that do for their wallets. It also helps me gathering data I am interested in.

If your only motvation is money, dont run a full node.


Title: Re: How to create Bitcoin master node for dummies?
Post by: arbitrage on January 19, 2016, 02:32:47 PM
Thanks that was a wanted to hear!
Conclusion and most important for most of ass >
For running bitcoin nodes there is no fee you just helping network!