Hi all. I am new here and this is my first post. While browsing around the forums to see what’s required for running a stake pool, I come across many topics about paying $40+ per server on Digital Ocean as one of the “cheaper” options so I decided to show a cheaper alternative.
First of all, I am an infrastructure engineer, leading an IT team and maintaining 100+ servers, both physical and on AWS. It’s my recent adventure in architecting our company’s AWS account that allowed me to become cost-aware in running servers which I wanted to share with you.
So, back to the topic. $40+ per server on Digital Ocean is for (4 core, 8GB RAM) which is above recommended specs, is too much. On AWS, a T3.large instance will cost you around $68/month. However, buy “Reserved Instances” and you can lower this cost from $68 to around $25 for on a 3-year term.
I think a 3-year term is realistic to invest in considering the time it will take to get delegators to your pool which seems to be a catch22 problem. No delegators = no minted block. No minted blocks = no delegators.
I have the technical background, enthusiasm and the will to contribute to a project like Cardano which is how I ended up here but just a day of research shows that the biggest hurdle for me would be marketing since it means I need to remove my tin foil hat. Let’s see where my research takes me.
Anyway, I thought some might find this useful. Good luck.