Passive income - Authenticate transactions

Hi,

Is there a way to generate passive income by creating servers to authenticate transactions and profit from the transaction fee?

Thanks

Hi @igal.wolf and welcome to the forum! :wave:

Yes, you can earn a good profit running a Solana validator, but the setup and involvement necessary is intense. It’s nothing like mining Bitcoin or Ethereum. You have to setup and maintain a server with substantial hardware requirements, and you have to be ready to market yourself and get thousands of dollars of stake from the community to avoid losing hundreds of dollars per day.

So it’s a big investment with a good amount of risk if you aren’t an experienced server administrator that can also attract community investment in your validator.

Thanks,

Are you able to consult on these matters?

Sure! I got your contact and I’ll reply as soon as I can.