I'd just dedicate one of my CPU's to it;  I have several IP addresses I can pull from as far as nodes are concerned;
One of them could possibly change (when major power outages happen in the county, we get a new IP there)  But is always going to be fully under my control;

The several others are through datacenter hosts;  one being OVH....   I can set up a dedicated node easily (hopefully on my linux distros instead of running it in a W10 VM on one of those IP's)  These machines all have static IP ranges we have reserved for VMs already.

I am the main network tech for a few people; and I have full access to their machines and permission to set up my own processes on them... I think I have 3VM's running on one of the machines my client rents.

I'm not sure if ill need the algo information? 
I guess it will be built into the node/wallet software... so I had planned on just going that route initially....  I dont plan to put any GPU or asic towards it;  My excess useful hardware inventory of GPU's is all gone now;  Just the 1080 in my home/game pc, and maybe a few gtx550's in a bin somewhere.
   
It would be nice to see people being able to get decent stake/POW rewards with just a 2.6Ghz cpu, etc....   So the prospects for that are great.

I need to find my old bub wallet file from the last node I ran;  load it up and check its balance.  I think there are still a few active nodes running last I saw.

When california had outages early 2020;  the IP changed for my wallet, and that machine actually fried all of its network ports from lightning I think.  It was acting VERY strangely.