Topic: Running node makes sense? (Read 96 times)
It makes sense if you are just trying to have fun out of crypto learning or if it's a hubby for you but when it comes to money making I'd stick with mining coins instead.
It makes sense if you are not a money-oriented person or have something to do in mind.
Running node has its own benefit, it is not only about profit financially but some of them even have power in the governance.
wBTC for example, if you are running a node you can get profit for every transaction done through your node, and other than that you can actively participate in the direction of development. Usually, they are going to do a vote for reward distribution and others.
It depends on the project itself too, a new project would not have that kind of system yet.
Running node has its own benefit, it is not only about profit financially but some of them even have power in the governance.
wBTC for example, if you are running a node you can get profit for every transaction done through your node, and other than that you can actively participate in the direction of development. Usually, they are going to do a vote for reward distribution and others.
It depends on the project itself too, a new project would not have that kind of system yet.
Trading and mining coins are way better than running a node, it's way too expensive and less profitable too I don't know where you heard about this but it's a wrong decision.
Is running a node a profitable crypto business in today's economy? I've seen several videos on youtube about running nodes for some new projects, how good is this over mining crypto?.
New projects? So no from my opinion. Its useless and waste of time and money because these projects hardly last for months only.Mining is good if you have optimal environment,less electricity charge and enough patience to get the returns.
Is running a node a profitable crypto business in today's economy? I've seen several videos on youtube about running nodes for some new projects, how good is this over mining crypto?.
If yours is a general question out of curiosity it is one thing, if you are looking for advice it is another thing, if you think you can make a profit you are big mistakes, if you want to mine you need great resources to make a profitable mining, if you love technology and you want try to learn something does you honor! There are several ways to make a profit in this business, knots is not one of them. If you have money to invest, risk a small holding capital and wait. But don't risk it if you are at the first experiences
Is running a node a profitable crypto business in today's economy? I've seen several videos on youtube about running nodes for some new projects, how good is this over mining crypto?.
Maybe if we are still in 2018, I think it's outdated already, sorry to burst the bubble for you. There are still who are running a node though, but they have been in the game since the beginning so obviously they have profited and just probably staying but not making the money that they used to before. Those videos that you might be seeing is old though or outdated or they are just showing it just to get the views. So it's not advisable at the current state of crypto economy. 
Is running a node a profitable crypto business in today's economy? I've seen several videos on youtube about running nodes for some new projects, how good is this over mining crypto?.
Your question is general and I will try to answer it in detail for two types.
Proof of Work coins VS Proof of Stake coins. ( POW VS POS)
Proof of Work:
Running a node in Bitcoin is not profitable and its purpose is to enhance privacy more than profit.
To manage the node, you need enough memory space and a fast internet to synchronize all the blocks and broadcast your transactions in the future without the need for a third party.
It is a different behaviour from mining, which is considered profitable.
The same concepts are shared by most Proof of Work currencies.
Proof of Stake:
The matter here differs according to how the new blocks are produced, some of which give stackers some coins, and the amount of profit depends on the amount of money you have.
Running a crypto business node in my opinion is too much of a hassle. For now, it is better to be active in crypto to become an investor. By choosing to become a crypto investor, I think the outcome is more certain. Thus, don't think I forbid you not to do crypto mining.
Is running a node a profitable crypto business in today's economy? I've seen several videos on youtube about running nodes for some new projects, how good is this over mining crypto?.
AFAIK, it's not. People that run nodes are those that want to contribute to maintaining the network. It's like an initiative that they're not looking if there's a return or none. If you want to be on the profitable side then choose to mine but it'll require your capital for the mining equipment. I guess you choose what you really like to do, to contribute without expecting that much return which is running nodes or be profitable through mining although not all the time it is. 
Is running a node a profitable crypto business in today's economy? I've seen several videos on youtube about running nodes for some new projects, how good is this over mining crypto?.
No it doesn't make sense unless you have a special interest in the tech. If you are a trader or an investor you don't need to bother with these. Just buy and hold or make you trades (whatever it is you like doing), running a node will distract you from what you are doing.
Running a node and mining crypto are completely different concepts. Some miners run their nodes but they don't always have to.
Is running a node a profitable crypto business in today's economy? I've seen several videos on youtube about running nodes for some new projects, how good is this over mining crypto?.
Jump to: