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Author Topic: Reason for Running a Full Node (Not Mining)  (Read 1753 times)
ranochigo
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September 05, 2015, 07:03:33 AM
 #21

it is lottery. so it means, that you may not ever win until end of your life. considering this, your calculation is pretty much useless + you have to buy RPi and HDD and provide internet connection.

not just in datacenters but everywhere, because there will be reason, so far and don't see any except "good feeling" and this is wrong.
Many have raspberry Pis lying around and HDD too. I don't see much problem in using those. IMO $0.5 per month is very low given that many people already have high unused/unlimited bandwidth around the world. Consider lowering the max peers if you don't want to use too much of your bandwidth.
simple answer: to support the network.

it is better to run the Bitcoin core on a VPS instead using your personal hard drive. it really could kill your hdd when bitcoin core running for a long time.

yes, but there is any VPS out there with unlimited network bandwidth and at least 60GB of high I/O storage, which can be covered by 0.5$ per month? (let's use this calculation..)

if you are volunteering and support good think, you usually receive something as gift. from t-shirt and stickers to some discount or something. but doing this "for free" and donate it from own pocket is not sustainable at all..


I don't see much use in getting a HDD as it is different from SSD and high I/O wouldn't kill it. Unlimited bandwidth isn't needed unless all the peers in the world suddenly connect to you. I wouldn't consider it volunteering if I'm receiving something in return, I'm not trying to earn anything, I'm trying to support the network. Who is going to pay the T-shirts, stickers or discount in the first place?

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Mickeyb
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September 05, 2015, 08:12:28 AM
 #22

it is lottery. so it means, that you may not ever win until end of your life. considering this, your calculation is pretty much useless + you have to buy RPi and HDD and provide internet connection.

not just in datacenters but everywhere, because there will be reason, so far and don't see any except "good feeling" and this is wrong.
Many have raspberry Pis lying around and HDD too. I don't see much problem in using those. IMO $0.5 per month is very low given that many people already have high unused/unlimited bandwidth around the world. Consider lowering the max peers if you don't want to use too much of your bandwidth.
simple answer: to support the network.

it is better to run the Bitcoin core on a VPS instead using your personal hard drive. it really could kill your hdd when bitcoin core running for a long time.

yes, but there is any VPS out there with unlimited network bandwidth and at least 60GB of high I/O storage, which can be covered by 0.5$ per month? (let's use this calculation..)

if you are volunteering and support good think, you usually receive something as gift. from t-shirt and stickers to some discount or something. but doing this "for free" and donate it from own pocket is not sustainable at all..


I don't see much use in getting a HDD as it is different from SSD and high I/O wouldn't kill it. Unlimited bandwidth isn't needed unless all the peers in the world suddenly connect to you. I wouldn't consider it volunteering if I'm receiving something in return, I'm not trying to earn anything, I'm trying to support the network. Who is going to pay the T-shirts, stickers or discount in the first place?

Bitcoin is still new and we need the most nodes that we can get online. So to say, it is great to run a full node and support a network, of course for those that have ability to do so and those who will not suffer much while doing so (e.g. having only one computer so their performance slows down, low bandwidth, etc..) It is great to support a network, even if it costs you $1-$2 a month.

I don't have the conditions to run a full node all of the time, but there are many out there that do, and they  should run it. Simple as that!
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September 07, 2015, 05:20:40 PM
 #23

The blockchain size could definitely become a very real problem as more people embrace Bitcoin. There are advantages to running a full node but the blockchain is already too big for most people to be comfortable with/consider downloading it. Plus if you're away for some time, you could potentially have to wait a while before you can use your coins. I myself use Multibit whenever I need to store Bitcoin locally and I don't plan on changing to core unless the team solves this problem.

not this again please, the size of the blockchain is nothing at the moment any old hdd can store it without a problem, if you take into account the possible damages that your hdd may take in the future, simply do a back up of the entire blockchain

with this you will be able tor restore everything in few minutes if you have an ssd, really there is zero problem with the weight of the blockchain, the problem are more in the security department when working with a full node

have fun when the next 1 million users will join  Tongue

i'll simply buy a bigger ssd no problem with that, we have already 1 tera evo, then you only need to do a backup every months or so

haha, that was not what i meant! i meant to say that you have to explain it over and over again when we see the next million of users  Smiley

storage is not a problem of course.

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