Hi all
I have some powerful servers running idle in my Datacenter and was wondering if I could use them to become a validator. But I struggle to find the right chain, where initial investment in the coin is not abouve 7k USD. Solana looks promising but without at least 50k Stake I would burn the money fast. And without keeping the server running and gaining trust no one will delegate. How do new validators in Solana get this? Running at loss for a period of time?
Others have about 60k initial investment which is more than Id like to afford.
Does anybody know which chains are available to become a validator with less initial investment execpt the hardware and operating costs (which I already have)?
Your best chance is to find a start up blockchain that still not yet price discovered. But there’s always a risk involved on choosing startup project your initial investment might turned into loss once the project failed.
Even a mediocre blockchain still required at least 10K USD in able to become a validator. I doubt you can find a solid project that allows you to become a validator with 7K since they need assurance that you are heavily invested before you can get this spot which is crucial for their holders.