Bandwidth: You will need a stable internet connection with sufficient bandwidth. The initial download will consume a large amount of data. After the initial sync, your node will only download new blocks (roughly 5-10 GB per month), plus additional data for validating transactions and serving other nodes.
Disk Space: You will need a hard drive with cryptocurrency user database ample free space. While the full blockchain is currently 650-750 GB, it's recommended to have at least 1 TB of free disk space to account for future growth. An SSD (Solid State Drive) is highly recommended over an HDD (Hard Disk Drive) for better performance during synchronization and ongoing operation.
Running a "Pruned" Node (Reduced Storage):
If you want to run a full node but have limited disk space, Bitcoin Core offers a "pruning" feature:
Pruning Mode: This allows your node to download and validate the entire blockchain but then discard older block data, keeping only a certain amount of the most recent blocks (e.g., as little as 10 GB).
Benefits: Reduces the disk space required for storage.
Consideration: Even with pruning enabled, your node still needs to download and process the entire blockchain initially to verify all transactions from the genesis block. This means the initial large data transfer is still necessary, even if the final stored size is smaller.
Why Run a Full Node?
Running your own Bitcoin node offers several benefits:
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