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Question: How much would you pay per month to run a full node in a datacenter? (only answer if really would)
$2.5 or less per month
$5 per month
$7.5 per month
$10 per month
$15 per month
$20 per month
$25 per month
$30 or more per month

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Author Topic: How much would you pay per month to run a full node?  (Read 1695 times)
jonald_fyookball
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February 15, 2016, 03:01:07 AM
 #41

Cconvert2G36,

interesting distinction between user security and network security.

But, so then, by your logic: really the only need for any NMN is SPV, since
if you're running your own node, you don't need any further "user security".
Would you agree?


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Cconvert2G36
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February 15, 2016, 03:47:26 AM
 #42

Cconvert2G36,

interesting distinction between user security and network security.

But, so then, by your logic: really the only need for any NMN is SPV, since
if you're running your own node, you don't need any further "user security".
Would you agree?

I run the NMN at home to have "better than" SPV security and privacy, a fully validated record of all transactions and an interface to make new ones, that I control. I run the NMN on VPS to help other peers on the network, which is in my own self interest as an investor and user of the system. My home node, that doesn't accept incoming connections, is a net drain on the network's resources. This is more than compensated for by my VPS node which will happily dish out terabytes of data to whomever wants/needs it.
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February 15, 2016, 04:28:36 AM
 #43


 
I don't think that matters much.  For one thing, the likelihood of some administrator messing with your bitcoin node is pretty small. More importantly, if they were nefarious enough to try to launch a sybil attack in that manner, wouldn't it be much easier for them to set up their own nodes?  Why would they bother with or take the risk of trying to hijack someone elses?



because they can?
im not talking about the reasons why they would do it (there could be millions) just about the ability to do so.
decentralisation prevents this.

atleast 1 company exist that is already doing something compareable to track bitcoin transactions.




No need to facepalm.

Also, don't fall for the lie that NMN (non-mining-nodes) do anything for the security of the network. If they were important for the network's security, it would be a huge attack vector... it would cost a comparatively trivial amount for an attacker to spin up 50,000 malicious NMN's.

NMN's are important for the security of the user, not the network.

That said, I run them both ways. One on hardware I own and on a network I control for my own security in making transactions... and on a VPS that has 1 Gbps speeds up and down with SSD storage and 6 TB of bandwidth per month, to help other peers on the network. I have over 40 incoming connections on the VPS node currently. It costs $20 a month, which is comparable to a sandwich and a couple beers where I live.

https://en.bitcoin.it/wiki/Full_node

please explain why it does not increase network security.

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arbitrage
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February 15, 2016, 10:53:40 AM
 #44

I don't understand why would you pay someone else to run a full node and don't just run it yourself for free?

Well, you 'd need to keep your computer on 24/7 and have comfortable bandwidth, so there's definitely a cost to run a node. I'd probably consider it if I were a merchant, but the big problem would be to find a company whom I could trust.

I chose $7.5.
For example how can i run full node and get paid for it ?
Must i have a static IP and dedicated pc ? 2mbit bandwidth?
Or i didn't understand something?
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February 15, 2016, 07:28:59 PM
 #45

Getting paid to run a full node probably isn't going to happen. A full node that is part of a service you provide maybe but I don't see very many people paying to have access to a full node.

I hereby reserve the right to sometimes be wrong
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February 15, 2016, 07:31:57 PM
 #46

Is it posible to run a full node in pi? I need a external usb drive.
Computing power wise and power wise, raspberry pi is feasible.
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February 16, 2016, 05:42:34 AM
 #47

Is it posible to run a full node in pi? I need a external usb drive.
Computing power wise and power wise, raspberry pi is feasible.

It is for now, but its 512 RAM is very small and its CPU is very slow, so validating the blockchain alone takes several weeks.

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February 16, 2016, 06:57:38 AM
 #48

Can you run a full node on one of the Intel Compute sticks connected to an external hard drive?
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February 16, 2016, 08:03:05 AM
 #49

to running bitcoin full nodese in 24/7 i need unlimited bandwith, in my country i must pay $5 for each 8gb bandwith/month, now bitcoin nodes arround 45gb, i will pay $10

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sellcollateral
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February 16, 2016, 08:05:43 AM
 #50

I think there are a couple VPS providers that offer a decent VPS for about $5-$10/month... So that would be the maximum i'd pay somebody to run a full node for me.
If i'd offer node hosting as a service, i'd ask $10-$15 (so i'd make some profit)
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February 16, 2016, 10:17:59 AM
 #51

I don't understand why would you pay someone else to run a full node and don't just run it yourself for free?

You cannot run a node for free. Unless you steal bandwidth and electricity which is obviously incorrect Tongue

I'm paying 8 EUR a month to run a Classic node on a German VPS at the moment. It feels pretty reasonable to me, I get a ton of HDD and unlimited bandwidth.

What's the host?

Is it posible to run a full node in pi? I need a external usb drive.
Computing power wise and power wise, raspberry pi is feasible.

It is for now, but its 512 RAM is very small and its CPU is very slow, so validating the blockchain alone takes several weeks.

It's feasible, and there are people running nodes this way... But obviously not on the 512MB RAM Pi B Smiley You've got to have a Pi B 2, which has 1GB RAM.

For now you can even run the node solely on the Pi, using a 128GB card. You can even run it portably, on an external battery, using wifi or a 4G connection (I haven't tried this, but it's not an impossibility)
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February 16, 2016, 11:57:56 AM
 #52

Getting paid to run a full node probably isn't going to happen. A full node that is part of a service you provide maybe but I don't see very many people paying to have access to a full node.
Don't be so sure. What will happen in future when when further rise of hashpower become impossible?
 This can also become big business. I'm just guessing, everything related to bitcoin today is also good business.
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February 16, 2016, 01:20:15 PM
 #53

-snip-
-snip-
It is for now, but its 512 RAM is very small and its CPU is very slow, so validating the blockchain alone takes several weeks.

It's feasible, and there are people running nodes this way... But obviously not on the 512MB RAM Pi B Smiley You've got to have a Pi B 2, which has 1GB RAM.

For now you can even run the node solely on the Pi, using a 128GB card. You can even run it portably, on an external battery, using wifi or a 4G connection (I haven't tried this, but it's not an impossibility)

Hence the "for now" I dont think it will be feasible in the future, but I might be wrong. 0.12 comes with a way to restrict memory usage, but I guess the CPU will be too weak once SegWit is introduced or at the very least once bigger blocks come. I also havent read anything good about using SD cards to store the blockchain, apparently they are worn out quickly.

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