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Author Topic: is this mining of bitcoin?  (Read 859 times)
pawanjain (OP)
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February 07, 2017, 01:44:55 AM
 #1

to a day I found a topic of node in bitcoin , it was mentioned that need to download 100+ GB data in pc .
with unlimited Internet connect DATa limit.
Now question is, will I get money by bitcoin community to help them through my pc or is thier any rule of pay scale .

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February 07, 2017, 02:06:17 AM
 #2

Your question is hard to understand.

Running a full node is not the same thing has mining Bitcoin. Running a full node requires downloading the 100+ GB blockchain. Mining does not necessarily require that, you only need to do that if you are solo mining or operating a pool.

Running a full node will not earn you any money, you are not paid for the full node.

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February 07, 2017, 06:36:47 AM
 #3

Now question is, will I get money by bitcoin community to help them through my pc or is thier any rule of pay scale .
Rewards for running full node is NOT possible as per protocols of bitcoin mining procedures. (Only for hash power contributions rewards are being paid.)

I remember that some third party provided some incentives to encourage full node voluneteers. (not sure they are doing till now). Read more on that here :
https://bitcoinmagazine.com/articles/bitnodes-project-issues-first-incentives-node-operators-1426544155

There was a topic on reward request for running full node : https://bitcointalk.org/index.php?topic=726658.0

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February 07, 2017, 06:37:15 AM
 #4

Can you make it clearer? I didnt get anything to those tbh
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February 07, 2017, 07:07:44 AM
 #5

Can you make it clearer? I didnt get anything to those tbh
If you dont know or you are confused on the things being said by those high rank members then you should really need to learn about more bitcoin and its other aspects because you will hardly to understand that even those terminologies mentioned.If you dont know it then you wont understand at all. Running the node would not give you money at all and as mentioned above that its not really connected on mining bitcoin.

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February 08, 2017, 01:20:29 AM
 #6

There are no relation between running on full nodes and bitcoin mining. On bitcoin mining, it doesn't requires to download 100+ gb of data on your pc in able to mine and get some profits. You just need to buy proper tools to mine bitcoins. Running on full nodes is needed in able your bitcoin core(wallet) function correctly.
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February 10, 2017, 01:43:13 AM
 #7

downloading the entire block chain and using only as a wallet or using it to run a seed/full node is a gratuity from the host to the community.
the only way to profit from the  holding this open is to offer a service or mine . bitcoin mining is down with highly specialized machines called ASIC. it is possible to mine with a normal computers hardware but with very little effect or results.as a normal computers hardware is very insignificant compared to the ASIC's

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pawanjain (OP)
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February 15, 2017, 11:28:20 AM
 #8

Your question is hard to understand.

Running a full node is not the same thing has mining Bitcoin. Running a full node requires downloading the 100+ GB blockchain. Mining does not necessarily require that, you only need to do that if you are solo mining or operating a pool.

Running a full node will not earn you any money, you are not paid for the full node.
sorry but my English  is small week ,.as I am from India , .
Well here my main aim is to know that what is the scale of paying to those who are supporting the bitcoin network through running the blockchain 1.25gb data and giving help to make the confirmations very fast .

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pawanjain (OP)
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February 15, 2017, 11:31:53 AM
 #9

There are no relation between running on full nodes and bitcoin mining. On bitcoin mining, it doesn't requires to download 100+ gb of data on your pc in able to mine and get some profits. You just need to buy proper tools to mine bitcoins. Running on full nodes is needed in able your bitcoin core(wallet) function correctly.
Now I understand no relation between mining and running node .
But I am wanting to run bitcoin node in my pc , but at first I want to know what is profit for me and what is scale of paying .

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February 15, 2017, 01:53:29 PM
 #10

sorry but my English  is small week ,.as I am from India , .
Well here my main aim is to know that what is the scale of paying to those who are supporting the bitcoin network through running the blockchain 1.25gb data and giving help to make the confirmations very fast .
People who run full nodes are not compensated for running full nodes. Furthermore, they are not miners and do nor participate in making confirmations. You won't get anything for running a full node except that you don't have to trust anyone else on the network to provide you the correct data.

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February 15, 2017, 04:14:17 PM
 #11

I found a topic of node in bitcoin . . . will I get money

Running a full node will not earn you any money, you are not paid for the full node.

what is the scale of paying to those who are supporting the bitcoin network through running the blockchain 1.25gb data

run bitcoin node in my pc . . . what is profit for me and what is scale of paying .

full nodes are not compensated for running full nodes . . . You won't get anything for running a full node . . .


Full node is NOT MINING. NO MONEY for full node.  NO PAYING to you. 
pawanjain (OP)
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February 21, 2017, 08:33:50 AM
 #12

I think , it is a condition at which I need to lock this thread , because I understand well about node running .
If anyone want to give me some information at this thread or he thinks that , here something is missing in this discussion , Then PM me to unlock this thread .

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