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ArcFeind | 4 years ago

Reading through the FAQ on staking it says you will get penalties for being offline and the network eats through 800mb/hour which comes out to around 576gb/month.

Is this practical to do at home? Or are pools the way to go for people on consumer home internet?

discuss

TacoToni|4 years ago

Great question!

The penalties for being offline are equal to the rewards you would have earned. It is okay to be offline if you have minor outage for few hours or if you're moving and will be offline for a few days. You simply would need to go back online for the same amount of time to make your rewards back.

I am a solo staker. My machine churns through about 800 gb/month. I am a huge advocate for solo staking if you have the hardware and have technical ability. I work in finance not software engineering, and i was able to set a machine up with no issue.

Check out the link below if you would like more resources or if you have any questions!

https://www.reddit.com/r/ethstaker/

ArcFeind|4 years ago

Thanks I'll check out the subreddit to keep learning about this. Been putting it off for months.

I don't think I can do staking at home because Comcast would shut me down if I start using 800gb/mo

ClumsyPilot|4 years ago

If you have a gaming desktop and do a complete system wipe, you will be downloading several terabytes of data in backups and games.

Most AAA games these days are in 100GB range, and a steam library of my friends occupies a couple of TB. Also Dropbox / Onedrive give you 1TB of space, and is easy to fill it up with videos and photos.

A continous stream of 1.7 megabits, seems reasonable on both FTTC and FTTH, and maybe even on a xDSL. Definately more systainable than GPU mining

blackearl|4 years ago

I believe you need a minimum of 32 eth so unless you're confident in your internet connection and have ~$80,000 in eth, you're better off with a pool.

ArcFeind|4 years ago

This is the website it links to if you chose <32ETH route to join pools. https://beaconcha.in/stakingServices

If I have 32ETH but don't want to run this on my home internet, how do you compare pools because the fees are all over the place?