In my opinion, yes, it is expensive to run a Hive node! But if you are serious about helping the Hive community, it will be worth it! 🙂
It costs a lot to purchase, run, and maintain a server computer for a Hive Witness node. The minimum recommended requirements for a Hive Witness node is 20 GB RAM, 350 GB local SSD (local Solid State Drives, not HDD or Hard Disk Drives), and a low-latency network connection. 🤔 See more at https://github.com/openhive-network/hive/blob/master/doc/exchangequickstart.md!
If you don't want to setup your own physical server and want to rent a VPS instead, you may check out #Privex's Hive "node-in-a-box" at https://www.privex.io/articles/steem-node-in-a-box. The title of the guide says "Steem" but is used for Hive node setup. 🤔
The 350 GB recommendation is already outdated, since the Hive blockchain increases by roughly 2 GB per week. Let's say we need 500 GB of local SSD storage right now for the blockchain, since 4 months have passed since the former recommendation.
There are already roughly 2 million Hive accounts here on Hive, and some of them are operated by bots.
If Hive does get much more popular, it would adjust accordingly by increasing Resource Credit costs for every transaction to lessen the rate the blockchain size increases.
PIZZA! PIZZA!
PIZZA Holders sent $PIZZA tips in this post's comments:
savvyplayer tipped platformsh (x1) @savvytester(4/10) tipped @platformsh (x1) Learn more at https://hive.pizza.
In my opinion, yes, it is expensive to run a Hive node! But if you are serious about helping the Hive community, it will be worth it! 🙂
It costs a lot to purchase, run, and maintain a server computer for a Hive Witness node. The minimum recommended requirements for a Hive Witness node is 20 GB RAM, 350 GB local SSD (local Solid State Drives, not HDD or Hard Disk Drives), and a low-latency network connection. 🤔 See more at https://github.com/openhive-network/hive/blob/master/doc/exchangequickstart.md!
If you don't want to setup your own physical server and want to rent a VPS instead, you may check out #Privex's Hive "node-in-a-box" at https://www.privex.io/articles/steem-node-in-a-box. The title of the guide says "Steem" but is used for Hive node setup. 🤔
Hope my reply helps a lot! 😅
Thank you for the reply to my question about setting up a Hive node. I would like to do more with the blockchain than just post.
The 350 GB recommendation is already outdated, since the Hive blockchain increases by roughly 2 GB per week. Let's say we need 500 GB of local SSD storage right now for the blockchain, since 4 months have passed since the former recommendation.
That is worrisome as there are only a few thousand people using the chain. What happens when things go mainstream and it goes YouTube scale?
There are already roughly 2 million Hive accounts here on Hive, and some of them are operated by bots.
If Hive does get much more popular, it would adjust accordingly by increasing Resource Credit costs for every transaction to lessen the rate the blockchain size increases.
Anyway, welcome to Hive. Have a !PIZZA.
I love Pizza. Thank you!
Here's another !PIZZA on behalf of @savvyplayer! 😁
PIZZA Holders sent $PIZZA tips in this post's comments:
savvyplayer tipped platformsh (x1)
@savvytester(4/10) tipped @platformsh (x1)
Learn more at https://hive.pizza.