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But why? Sure, it doesn't cost that much to store terabytes in a data center (plus bandwidth to distribute the chain to other peers, validate new blocks etc). B
by rspeele 6y ago
But why? Sure, it doesn't cost that much to store terabytes in a data center (plus bandwidth to distribute the chain to other peers, validate new blocks etc). But any cost is something, considering there is no reward for running a node. AWS S3 standard charges $138/mo to store 6 TB of data. Who gets $138/mo of value out of running their own full node, rather than just piggybacking off the existing network? As I mentioned in my first post, exchanges are the only ones I can think of.
- johnyzee 6y agoThere are a couple of cases where people like the added security of having their own node, such as exchanges as you mentioned, or big payment processors and the like. Other than that, I don't think there's any reason to run one for most people.