5 Reasons to Run a Bitcoin Node

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@Bhagwanbeese 2 ай бұрын

Hey Stephen, thank you for your great insightful video very much appreciated you explain things very well and easy to understand as I'm still trying to get my head around running my own node

@stevenbyang 2 ай бұрын

Thank you for your kind words! If you have any questions, please feel free to leave them in the comments. I will do my best to help!

@Earcon 4 ай бұрын

Thank you. Great and useful content!

@stevenbyang 4 ай бұрын

Thank you for watching 😁

@pedromanafaia 4 ай бұрын

Thank you Steven

@stevenbyang 4 ай бұрын

Thank you for watching.

@thomasneal7126 Ай бұрын

We need to encourage node runners to strive to run more robust nodes with redundancy for your power, and RAID for your drives. As BTC popularity grows it will be imperative that the nodes stay up and running and have the resources to handle the load. Running a node on a Pi is a good starting point to learn how to setup a node but set yourself a goal of setting up a more reliable stronger node eventually.

@stevenbyang Ай бұрын

Will do! I’m actually waiting for the Umbrel Home to arrive so I can replace my current setup.

@hattrickchu 4 ай бұрын

thanks

@stevenbyang 4 ай бұрын

Thank you :)

@Midlothian-Media 3 ай бұрын

should we use a nvme drive with a pi 5 ?

@stevenbyang 3 ай бұрын

Hi, I am using a pi 4 myself, so I am not sure about the requirements for pi 5. But I was able to find some instructions for you'll need for a pi 5 install: github.com/getumbrel/umbrel/wiki/Install-umbrelOS-on-a-Raspberry-Pi-5#installing-umbrelos-on-the-nvme-or-usb-drive Hope this helps!

@bryangoodson1721 3 ай бұрын

Is there any BTC Node reward?

@stevenbyang 3 ай бұрын

There are no rewards for running a Bitcoin node. Running one simply helps keep the Bitcoin ledger decentralized.

@twostorywood 4 ай бұрын

What is the impact on your bandwidth? Is it always running and using bandwidth 24/7?

@stevenbyang 4 ай бұрын

It is using bandwidth 24/7. However since the blocks are roughly 2mb, daily bandwidth use is minimal. Probably around 1GB per day from download and uploading. The only time it’ll use a lot of bandwidth is the initial sync, because the whole ledger is at almost 1TB now.