A staking pool permits a number of customers to combine their resources and take part inside the protocol without the need of personally worrying about running and validating nodes. If you would like to participate (delegate) inside a staking pool then neither you demand any constant internet connection nor you must monitor the token worth all the time. The stake pool node does all these jobs in your behalf. Get more details about cryptocurrency
The stake pool will be the key component on the Cardano PoS protocol that represents the combined stake of pool users as a whole and is responsible for processing transactions and producing new blocks. To preserve security and network liveliness the protocol needs a sufficient number of nodes to become online. And in return, the stake pool operators are rewarded with incentives.
Prerequisites for stake pool operators
The following points are mandatorily needed for a Cardano stake pool operator:
Expertise with regards to the initial environment set up.
The node wants to be active each of the time i.e 24*7*365.
Should really have system operation expertise i.e capable to run and retain Cardano node.
Know-how regarding server maintenance and operation activities.
Experience of development and operations.
Familiarity with Prometheus or Grafana for alerts and monitoring, or some other monitoring framework of your selection.
Minimum specifications for running a stake pool
Following hardware specifications are necessary:
4 GB of RAM
24 GB of hard disk space
a superb network connection and about 1 GB of bandwidth per hour
a public IP4 address
Note that running a stake pool will not be majorly dependent on processor speed.