Hey Jaques. If you want to be a Solana validator, yes it needs to run in a datacenter. I have mine in a datacenter in Troy, Michigan. I have bought the hardware, it will be $5,000 or so. You can also rent the hardware at some datacenters, it's called dedicated hosting. So running a Solana validator has some serious pre-investment. HOWEVER, if you want to become a BITOKU validator (as opposed to Solana validator), things are a bit easier. All you need to do is purchase a node at get.bitoku.io, and then you will be able to harvest your OKU token (validator rewards) immediately on a daily basis. Only later, when the Bitoku blockchain goes live later this year, you will need to have some small hardware to actually validate transactions. We aim to make that possible from home, so no need for a datacenter. However - the great thing about a Bitoku validator node is that right now and for some months, maybe even 1 or 2 years, there will be no actual hardware necessary. You can visit our Discord anytime at discord.gg/ggcKDttFK8 in order to engage with the community there and get any detailed questions answered.
Tell me about the hardware u are using sir. CPU is the main thing I'm interested in knowing. I'm looking at a Thread Ripper 5975WX 32 core + 64 threads.
@@BlockchainBernie Yeah I saw that in the Rentals also that were being offered. I also looked at an EYPC 9354P It's very similar with 32 cores + 64 threads as well. Did you build it yourself? If you did any thing to be on the look for on the build?
Voting cost the same as any transaction on Solana, it's just a transaction as any other. By experience, voting adds up to around 0.75 SOL / day, depending on network conditions such as slot times etc.
Great question. In principle, yes. But you will be at a disadvantage compared to your peers that are hosting in a datacenter. So datacenter is definitely the recommended route.
There is hosting cost (incl hardware), and there is vote cost. For the Solana mainnet, expect like $800/mo for the server with hosting, and the vote cost varies widely with SOL price and network conditions. At the moment, with the SOL price high, voting cost can be like $4,000/mo. The income will come with stake, so you need to find other people to stake. This all depends on how much stake you attract how fast. But it can become very profitable very fast.
Those requirements make me wonder what it’s actually doing with 128GB and needing Assembly level instructions. That sounds like systems of emulation, not encrypted data tables. What exactly is this software doing? I’m not a damn noob here. I want an answer.
I haven't written the code of the Solana validator either. Here are a few things that I know. The validator produces blocks, each block is 10 MB, and we need to keep a tree of depth 50 or so in memory to validate and to be able to quickly switch to a different "fork" (path through the (sub) tree of chained blocks). Depending on the degree of how many branches that subtree has, this can already be like up to 10GB. Then, all data that smart contracts operate on (called Solana accounts) need to be in memory. And average transaction touches may 8 accounts, and the size of an account can be anywhere from 200 bytes up to several megabytes. Solana is doing like 3000 transactions per second (around 500 user transactions and 2500 "vote" transactions for the consensus protocol). So want 30 seconds (average time to finality) worth of Solana accounts accesses by smart contracts in memory, that's around 800,000 accounts, which is another few GB. Keeping the accounts in memory even after the 30s greatly improves performance because the same accounts tend to be read / written to after some time again. Then there is a "bank" of possible "shreds" (parts of blocks that just got produced by other validators, to be validated by us), which need to be kept in memory as well. It might run with less, but other validators will outperform the ones that can keep like 30mins of history in memory rather than just 30s. Most chains are way slower, mostly just tens of transactions per second - these naturally can live with smaller memory. Hope that answers your question at least partially?
It varies greatly, depending on how much delegated stake you can rake in from other people. Top validators are making up to 700 SOL/mo, which is $8,400 at the current SOL price of $12. If and when SOL goes back to $120 (it used to be at $250 a year ago), those 700 SOL will amount to $84,000/month. But it requires time and marketing, you need to convince people who have SOL and want to stake it somewhere to stake it with your validator rather than another one.
It varies greatly, depending on how much delegated stake you can rake in from other people. Top validators are making up to 700 SOL/mo, which is $8,400 at the current SOL price of $12. If and when SOL goes back to $120 (it used to be at $250 a year ago), those 700 SOL will amount to $84,000/month. But it requires time and marketing, you need to convince people who have SOL and want to stake it somewhere to stake it with your validator rather than another one.
Hi Bernie i want to be a validator , can you show us your datacenter ? is it a homeLab ? thanks
Hey Jaques. If you want to be a Solana validator, yes it needs to run in a datacenter. I have mine in a datacenter in Troy, Michigan. I have bought the hardware, it will be $5,000 or so. You can also rent the hardware at some datacenters, it's called dedicated hosting. So running a Solana validator has some serious pre-investment. HOWEVER, if you want to become a BITOKU validator (as opposed to Solana validator), things are a bit easier. All you need to do is purchase a node at get.bitoku.io, and then you will be able to harvest your OKU token (validator rewards) immediately on a daily basis. Only later, when the Bitoku blockchain goes live later this year, you will need to have some small hardware to actually validate transactions. We aim to make that possible from home, so no need for a datacenter. However - the great thing about a Bitoku validator node is that right now and for some months, maybe even 1 or 2 years, there will be no actual hardware necessary. You can visit our Discord anytime at discord.gg/ggcKDttFK8 in order to engage with the community there and get any detailed questions answered.
Tell me about the hardware u are using sir. CPU is the main thing I'm interested in knowing. I'm looking at a Thread Ripper 5975WX 32 core + 64 threads.
Not sure about the Thread Ripper. I'm using AMD EYPC CPUs in my validators. Has proven to be a great choice for Solana.
@@BlockchainBernie Yeah I saw that in the Rentals also that were being offered. I also looked at an EYPC 9354P It's very similar with 32 cores + 64 threads as well.
Did you build it yourself? If you did any thing to be on the look for on the build?
Why would anyone run a Solana validator if you have to pay fees to vote and earn almost nothing in return
Well, "almost nothing" is both relative and debatable... What's a better chain to run a validator for?
How much it cost per vote? Meaning 1 vote per slot and around 4 slot/ 2 sec
Voting cost the same as any transaction on Solana, it's just a transaction as any other. By experience, voting adds up to around 0.75 SOL / day, depending on network conditions such as slot times etc.
Lots of good info in here. Thanks
Glad it was helpful!
Hey boss! I haven't browsed your videos to verify if a tokenomics video has been created, but i am interested!
Hey Christian. Yes there is a tokenomics video, see ruclips.net/video/zpqIgzdj2Lw/видео.html.
Can you run it at home?
Great question. In principle, yes. But you will be at a disadvantage compared to your peers that are hosting in a datacenter. So datacenter is definitely the recommended route.
Do you have any french-speaking people working at Bitoku ?
We don't. But some french speaking folks have told us the meaning, if you have a lot of phantasy... :-)
What does it cost to be a validator?
There is hosting cost (incl hardware), and there is vote cost. For the Solana mainnet, expect like $800/mo for the server with hosting, and the vote cost varies widely with SOL price and network conditions. At the moment, with the SOL price high, voting cost can be like $4,000/mo. The income will come with stake, so you need to find other people to stake. This all depends on how much stake you attract how fast. But it can become very profitable very fast.
Those requirements make me wonder what it’s actually doing with 128GB and needing Assembly level instructions.
That sounds like systems of emulation, not encrypted data tables.
What exactly is this software doing? I’m not a damn noob here. I want an answer.
I haven't written the code of the Solana validator either. Here are a few things that I know. The validator produces blocks, each block is 10 MB, and we need to keep a tree of depth 50 or so in memory to validate and to be able to quickly switch to a different "fork" (path through the (sub) tree of chained blocks). Depending on the degree of how many branches that subtree has, this can already be like up to 10GB. Then, all data that smart contracts operate on (called Solana accounts) need to be in memory. And average transaction touches may 8 accounts, and the size of an account can be anywhere from 200 bytes up to several megabytes. Solana is doing like 3000 transactions per second (around 500 user transactions and 2500 "vote" transactions for the consensus protocol). So want 30 seconds (average time to finality) worth of Solana accounts accesses by smart contracts in memory, that's around 800,000 accounts, which is another few GB. Keeping the accounts in memory even after the 30s greatly improves performance because the same accounts tend to be read / written to after some time again. Then there is a "bank" of possible "shreds" (parts of blocks that just got produced by other validators, to be validated by us), which need to be kept in memory as well. It might run with less, but other validators will outperform the ones that can keep like 30mins of history in memory rather than just 30s. Most chains are way slower, mostly just tens of transactions per second - these naturally can live with smaller memory. Hope that answers your question at least partially?
@@BlockchainBernie
i really appreciate the details in your answer ❤
How much you can per month?
It varies greatly, depending on how much delegated stake you can rake in from other people. Top validators are making up to 700 SOL/mo, which is $8,400 at the current SOL price of $12. If and when SOL goes back to $120 (it used to be at $250 a year ago), those 700 SOL will amount to $84,000/month. But it requires time and marketing, you need to convince people who have SOL and want to stake it somewhere to stake it with your validator rather than another one.
great!
How much a validators make per month?
It varies greatly, depending on how much delegated stake you can rake in from other people. Top validators are making up to 700 SOL/mo, which is $8,400 at the current SOL price of $12. If and when SOL goes back to $120 (it used to be at $250 a year ago), those 700 SOL will amount to $84,000/month. But it requires time and marketing, you need to convince people who have SOL and want to stake it somewhere to stake it with your validator rather than another one.
@@BlockchainBernie thank you for reply do you have telegram or whatapp so you can tell me more please
Or make a video explaining step-by-step to be a validators please
You connived me to join.
i like you
Thanks :-)