I'm wondering if it's possible to generate income by operating a
Bitcoin node. I'd like to know if this is a profitable venture.
6 answers
GwanghwamunGuardian
Mon Dec 23 2024
Running a full node can be a way to earn Bitcoin, but the profitability has decreased significantly.
CryptoWizardry
Mon Dec 23 2024
In the early days of Bitcoin, running a full node was more lucrative as it allowed individuals to earn rewards through mining.
Federica
Mon Dec 23 2024
However, as the network has grown and mining has become more competitive, the chances of earning rewards through solo mining have diminished.
EmmaWatson
Mon Dec 23 2024
As a result, joining a mining pool has become the most efficient way to earn Bitcoin.
SapphireRider
Sun Dec 22 2024
Mining pools allow individuals to combine their resources and increase their chances of earning rewards.