Becoming a validator

[jackserippl]

Hi all

I have some powerful servers running idle in my Datacenter and was wondering if I could use them to become a validator. But I struggle to find the right chain, where initial investment in the coin is not abouve 7k USD. Solana looks promising but without at least 50k Stake I would burn the money fast. And without keeping the server running and gaining trust no one will delegate. How do new validators in Solana get this? Running at loss for a period of time?

Others have about 60k initial investment which is more than Id like to afford.

Does anybody know which chains are available to become a validator with less initial investment execpt the hardware and operating costs (which I already have)?

[Beparanf]

Hi all

I have some powerful servers running idle in my Datacenter and was wondering if I could use them to become a validator. But I struggle to find the right chain, where initial investment in the coin is not abouve 7k USD. Solana looks promising but without at least 50k Stake I would burn the money fast. And without keeping the server running and gaining trust no one will delegate. How do new validators in Solana get this? Running at loss for a period of time?

Others have about 60k initial investment which is more than Id like to afford.

Does anybody know which chains are available to become a validator with less initial investment execpt the hardware and operating costs (which I already have)?

Your best chance is to find a start up blockchain that still not yet price discovered. But there’s always a risk involved on choosing startup project your initial investment might turned into loss once the project failed.

Even a mediocre blockchain still required at least 10K USD in able to become a validator. I doubt you can find a solid project that allows you to become a validator with 7K since they need assurance that you are heavily invested before you can get this spot which is crucial for their holders.

[JeffBrad12]

Hi all

I have some powerful servers running idle in my Datacenter and was wondering if I could use them to become a validator. But I struggle to find the right chain, where initial investment in the coin is not abouve 7k USD. Solana looks promising but without at least 50k Stake I would burn the money fast. And without keeping the server running and gaining trust no one will delegate. How do new validators in Solana get this? Running at loss for a period of time?

The validators mostly being dominated VCs. i have stopped to run validator then i shifted to use my dedicated server to participate as a testnet validator for the new blockchain or run ethereum validator (beacon chain & LRS staking). It cost me electricity bills only. Becoming a validator of solana is only wasting your time.

why don't you try another blockchain instead of solana. I can only suggest you to participate being a validator in the LRT/LST staking (ethereum based blockchain). It cost you two ethereum and you can generate yield + tokens.

Others have about 60k initial investment which is more than Id like to afford.

Then, think about that. Don't push yourself to do what you can't afford to do that.

Does anybody know which chains are available to become a validator with less initial investment execpt the hardware and operating costs (which I already have)?

Try to search for LRT / LST staking validator. This needs you to lock ethereum but you can get quite good return. You can also become a solo validator.