The Costs Of Running A Bitcoin Node In Nigeria By Chinedu Bitcoin full nodes are essential to the decentralization of the network. They are also a key component of private usage of Bitcoin. If you aren't running your own node, you are inherently trusting someone else's node. This article details the average costs of obtaining the materials to run a Bitcoin node as well as the cost of the electricity to download the software and blockchain. The more people that run nodes throughout the world, the better. A key aspect of maintaining this decentralization is keeping the cost of acquiring and running a full node low. |