5 Reasons to Run a Bitcoin Node

[@Earcon]

Thank you. Great and useful content!

[@stevenbyang]

Thank you for watching 😁

[@Bhagwanbeese]

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]

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!

[@pedromanafaia]

Thank you Steven

[@stevenbyang]

Thank you for watching.

[@hattrickchu]

thanks

[@stevenbyang]

Thank you :)

[@Midlothian-M1]

should we use a nvme drive with a pi 5 ?

[@stevenbyang]

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!

[@twostorywood]

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

[@stevenbyang]

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.

[@bryangoodson1721]

Is there any BTC Node reward?

[@stevenbyang]

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

[@Kfc_Manager0]

Interesting content. Shit audio

[@stevenbyang]

Will work on improving that 🙏

[@pomp4401]

It's a waste of time

[@stevenbyang]

Sorry to hear that