Where to Start for the Newcomer to Crypto #7 Nodes.

The return of the article series - Where to Start for the Newbie in Crypto.

In this article I will tell you what nodes are, what you need for them and how to earn on them.

Recently Nodes, more and more interested not only by newbies, but also by established people in crypto, because here you don't need: to sit 24/7 in front of monitor, to study and so on.

Here you just choose project, set node and every 3-5 days you come to check if it works or not.

Let's start with the terms

A node (node) is a point in a network that either distributes data to other nodes (nodes) in the network, or is an endpoint in the network. Blockchain nodes are often interconnected with other nodes in the network.

Server - A dedicated or specialized computer for running service software.

Command-line interface (Terminal or console) - a kind of text interface between a man and a computer, in which instructions to the computer are given mainly by typing text strings, in UNIX-systems the use of a mouse is possible. Also known as "console" and "terminal".

The bottom line

Many startup projects need to test their network at the startup and it is very expensive to rent servers at the initial stage, so they usually delegate this to the community, which can get different kinds of rewards in the future: Tokens, Allocation, Become validator in the main network or merch

What do you need to raise a node?

To start a node you will need:

-Any PC with internet access

-Server

-Terminal for remote server management

Server

Since it's not reasonable to keep node on your own computer, you will need a separate server. You can order the server on the following platforms

Digital Ocean - from 10$/month

Vultr - from $6/month for 1/1/25

Hetzner - from 43 $ / month

Linode - from 30$/month

PerfectQuality

Contabo

Webtropia

Unihost

Terminal

MobaXterm - Easier setup and user-friendly interface

Profits and investments

Profit depends directly on the project. No one can tell you specific numbers until the end. Most projects give out rewards in the form of their tokens, which may be with locks, so the amount of profit you find out only on the day of unlocking your tokens.

Therefore, the profit here is 50/50 because there may be a profitable node, or may be a non-profitable project which will also buy.

We start not every node in a row!

Investment - The cost of the server depends directly on the resource requirements from the project. Recommended power you can always see in the guide for a particular node.

Server prices start at $10 and up to $150+/month.

Well, it all depends on how long testnet will last, maybe a week or two, maybe a month, and sometimes a year, so you have to be willing to keep node from 3-12 months.

Where to look for information on Nods?

Twitter - you already know that Twitter is one of the most important tools in crypto, but most likely you won't find any project announcements in the feed - unless you follow some projects

Nodes.Guru - The main resource with information on all current nodes, they always have instructions on how to run a particular node, and they also have their own tg channel and bot where you can track your nodes

Tg Channels - Various tg channels have information about their nodes as well, but it is often just information without any instructions

FAQ

Q: I am completely new to crypto, will it work for me? A: YES it will, because all you have to do is Rent a server, do everything according to the guide, save your data, and then just wait when your reward will be paid - or not

Q: How much deposit will you need to start A: Depending on how many nodes you want to put and the required resources: On average 1-3 nodes per month will cost you $ 100-150

Q: Should I participate in projects that do not promise rewards?

A: Of course, not all projects say about awards, they do it to drop a large number of people

A: Of course, not all projects speak of rewards, they do it to weed out a lot of people

Q: How much time should I devote to nodes?

A: To raise a node, you need up to 1 hour, and then 30-60 minutes a month to check your node

Q: Can I run more than 1 node on one server?

A: Yes, you can, but then you have to look at resources, and it happens that nodes can conflict with each other!