+- ₿itcoin ₿ombadil -- 2d ----------------------------------------------------------------------------------------[...]+ | | | It's time to stop saying that running a Bitcoin node is "basically free". | | | | There are non-negligible costs to running full nodes, which are essential for true solo mining/block building and | | self custody, especially for people in developing countries. | | | | Run Knots + BIP-110 + DATUM | | | +-- reply ------------------------------------------------------------------------------------------------ [1 reply] ---+It's time to stop saying that running a Bitcoin node is "basically free". There are non-negligible costs to running full nodes, which are essential for true solo mining/block building and self custody, especially for people in developing countries. Run Knots + BIP-110 + DATUM
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It's time to stop saying that running a Bitcoin node is "basically free".There are non-negligible costs to running full nodes, which are essential for true solo mining/block buildingand self custody, especially for people in developing countries.Run Knots + BIP-110 + DATUM
The cost-to-incentive ratio is what matters here. As Bitcoin appreciates, running a node becomes economically rational even at higher hardware costs for those with significant holdings. The concern is users with small stacks -- priced into custodial trust before their stake is large enough to justify verification costs.