Baking on Tezos: from Launching a Node to Your First Profit

Making money with your own node is expensive on most chains. A bitcoin mining farm of 20 Whatsminer M30S+ ASICs would cost $200 000 while the 32 ETH required to become a validator in Ethereum 2.0 would cost $82,000.

Staking on Tezos requires a smaller investment: 6,000 XTZ ($18,000 at the time of publication) is needed to launch a node, with delegates able to contribute up to 90% of the amount.

In this special project, we will explain how Tezos staking works and why it is called baking, how much bakers earn and how to run a node on your computer to earn profits and contribute to network decentralisation.

Installing a node