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Crowdfunding Monero Node #2

palexander posted this 9 years ago

palexander | 9 years ago

Hi Monero community,

I have started crowdfunding another Monero node at bitnodes.net and have purchased 25 of the 50 shares required for Monero node #2. The initial node is running correctly and is stable. Once this second node is funded Monero node #3 is free. These are managed for one full year for $50.00, which I think is a good deal. You can donate whatever amount you want from 1 share ($1.00) to 25 shares ($25.00).

If this interests you click image below:

This guy is persistent

Replies: 19
drfred edited 9 years ago Weight: -202 | Link [ - ]

it appears all 3 nodes are down for a couple of hours now at least :(

if they manage to bring the nodes back stable, I'd be happy to sent you some xmr for the upgrade 3 weeks ago

drfred posted 9 years ago Replies: 1 | Weight: -202 | Link [ - ]

all 3 nodes are back :) yay!

Reply to: drfred
palexander posted 9 years ago Replies: 1 | Weight: -202 | Link [ - ]

Thanks drfred. Yeah, they had 3 nodes down at once several times in the past. I'm not too happy about that myself. I can understand 1, maybe 2, but not all 3, and down for a while at that. I was hoping up-time would be more important to them.

Reply to: palexander drfred
jml390 edited 9 years ago Replies: 1 | Weight: -202 | Link [ - ]

If all 3 nodes are down and then back at the same time, chances are they put all three on the same machine, each under different IP.

Reply to: jml390 palexander drfred
palexander posted 9 years ago Weight: -202 | Link [ - ]

Three should never be down though. At the most, one, for maintenance, while the other two are working properly. That was kind of the point in getting three up and running. The only time three nodes should be down is catastrophic failure of the data center in my opinion. Maybe my standards are too high. :-)

palexander edited 9 years ago Weight: -257 | Link [ - ]

Update on these Monero nodes.

Upgraded the three Monero nodes to:

  • Dedicated CPU:1 x 2.40 GHz, RAM:1024 MB, Storage:40 GB

Cost was about 89 XMR. They said they were having to restart the nodes too often, so needed more dedicated hardware for them. 89 XMR didn't seem like much, so I went ahead and did it.

drfred posted 9 years ago Replies: 1 | Weight: -324 | Link [ + ]

all 3 nodes are up now! https://bitnodes.net/status/

Reply to: drfred
palexander posted 9 years ago Weight: -323 | Link [ + ]

Nice!

jml390 edited 9 years ago Replies: 1 | Weight: -325 | Link [ + ]

My node observing the Monero network. The counter is reset each Sunday at 23:59 UTC.

full nodes

Reply to: jml390
rocco posted 9 years ago Replies: 1 | Weight: -326 | Link [ + ]

i love this graphic..please post it reagularly!

Reply to: rocco jml390
jml390 edited 9 years ago Weight: -325 | Link [ + ]

It's auto-updated, with the date and time of last update showing in the image header. Only full nodes are counted, reachable on port 18080. You can view other charts and Monero compilation tutorials at: http://moneronodes.i2p.xyz / http://moneroxzfonkazxc.onion.to

drfred posted 9 years ago Weight: -326 | Link [ + ]

just paid 0.0917btc for node #2. not sure how long it takes to go online.

MitchellMint posted 9 years ago Replies: 1 | Weight: -327 | Link [ + ]

I can make nodes on our TRUST network... Which regions do you need nodes? I have servers on on all 6 continents.

Reply to: MitchellMint
palexander edited 9 years ago Replies: 1 | Weight: -327 | Link [ + ]

How much for six nodes on six continents for one year? Also, what are these cryptocurrency vaults you have? Are those full nodes?

Reply to: palexander MitchellMint
MitchellMint edited 9 years ago Weight: -327 | Link [ + ]

I pay $180 a month for TRUST on 10 Nodes, Sao Paulo is slated for August. We have other members that cover some of the more sensitive jurisdictions. Im sure adding another core wont cost too much. Any particular places you need help? Local taxes play a roll in the cost.

I started reading about Monero after reading positive comments from TrueCryptonaire@BCT. Here is our current Map, we just added Mexico Wednesday.

enter image description here

chocolatebar edited 9 years ago Replies: 1 | Weight: -329 | Link [ + ]

Why not get a node post going in the funding section? I'd throw in for that. Maybe every X moneros collected, the bounty can be payed out to setup more nodes.

Reply to: chocolatebar
palexander edited 9 years ago Weight: -327 | Link [ + ]

My original bitnodes post was in the idea section, see here: original post

The reason I put this in the general section was that I don't really think a node needs to be officially funded through the funding system. There are more pressing concerns for funding. Also, a more important aspect of nodes/mining is the mining part. We need more hashing power to secure the network vs. nodes in my opinion.

Anyway, if people want to fund the node, they can, through clicking the image above. Its not a big deal. If there is little interest, I will eventually fund the node myself.

People do need to understand that Monero needs geographically distributed nodes + mining. So if you use Monero, please consider running a personal node and/or mining node at your home or, alternatively, through a service like bitnodes .

chocolatebar edited 9 years ago Replies: 1 | Weight: -339 | Link [ + ]

Would be nice if they took XMR.

Reply to: chocolatebar
palexander edited 9 years ago Weight: -338 | Link [ + ]

Yes, I agree. But their payment processor has some funky way of adding cryptocurrencies to the payment network. But you can use XMR via xmr.to pretty easily. :-)