- Acquire some hardware (laptop, desktop, server) or rent a VPS (cloud server): You need to run a node to stake.
- Sync an execution layer client
- Sync a consensus layer client
- Generate your validator keys and import them into your validator client
- Monitor and maintain your node
A Ethereum node consists of the Execution Layer + Consensus Layer.
A Ethereum Staking node is the previous plus a Validator client.
Client Stack
Big picture: Execution / Consensus / Validator
This guide was written for aspiring Ethereum stakers who have basic familiarity with command line tools and it was tested against Ubuntu 22.04.1 LTS client. You’ll want a dedicated cloud VPS or local desktop/server/laptop running a clean install of Ubuntu preferably.
Your Ethereum staking node may be
- Local: on a laptop / PC / NUC that you can physically connect keyboard/mouse/monitor.
- Remote: in the cloud on a VPS
If your staking node is remote, then you will want to setup SSH, secure shell.
If using a VPS or remote node, install and start the SSH client for your operating system:
Windows: PuTTY
MacOS and Linux: from the Terminal, use the native command:
ssh <YourUserName>@<YourServersIP>
Here's a guide from Makeuseof to connect by SSH to your remote node.
- Commands are to be run in a terminal window or ssh terminal.
- Commands preceded by
sudo
will prompt for your password at first, and periodically afterwards.
As a validator for Ethereum, you will typically have the following abilities:
- operational knowledge of how to set up, run and maintain a Ethereum consensus client, execution client and validator continuously
- a long term commitment to maintain your validator 24/7/365
- basic operating system skills
- have perused the vast tomes of the EthStaker Knowledge Base
- have learned the essentials by watching 'Intro to Eth2 & Staking for Beginners' by Superphiz
- have passed or is actively enrolled in the Eth2 Study Master course
- and have read the 8 Things Every Eth2 validator should know.
- Operating system: 64-bit Linux (i.e. Ubuntu 22.04.1 LTS Server or Desktop)
- Processor: Dual core CPU, Intel Core i5–760 or AMD FX-8100 or better
- Memory: 16GB RAM
- Storage: 2TB SSD
- Internet: Stable broadband internet connection with speeds at least 5 Mbps upload and download.
- Internet Data Plan: At least 2 TB per month.
- Power: Reliable electrical power. Mitigate with a Uninterruptible Power Supply (UPS).
- ETH balance: at least 32 ETH and some ETH for deposit transaction fees
- Wallet: Rabby Wallet installed
- Operating system: 64-bit Linux (i.e. Ubuntu 22.04.1 LTS Server or Desktop)
- Processor: Quad core CPU, Intel Core i7–4770 or AMD FX-8310 or better
- Memory: 32GB RAM
- Storage: 4TB NVME
- Internet: Stable broadband internet connections with speeds at least 10 Mbps without data limit.
- Data Plan: At least 2 TB per month. Ideally, no data cap or unlimited data plan.
- Power: Reliable electrical power with a Uninterruptible Power Supply (UPS).
- ETH balance: at least 32 ETH and some ETH for deposit transaction fees
- Wallet: Rabby Wallet installed
{% hint style="info" %} :desktop: Hardware Builds: For examples of actual staking hardware builds, check out RocketPool's hardware guide and Ethstaker's Hardware Examples. {% endhint %}
{% hint style="info" %} :cd: Storage Suggestion: Check out the following to find your ideal NVME or SSD drive.
- Yorick's Storage Advice: Refer to Yorick's Great and less great SSDs for Ethereum nodes
- Top SSD List: Suitable drives are identified as Mid-Range or better. {% endhint %}
Ethereum Staking Node
{% hint style="success" %} :sparkles: Pro Validator Tip: Highly recommend you begin with a brand new instance of an OS, VM, and/or machine. Avoid headaches by NOT reusing testnet keys, wallets, or databases for your validator. {% endhint %}
Decision: Do I run my Ethereum staking node locally at home or rent a VPS cloud server remotely? Here's a list of criteria to help you decide.
Criteria | Local Node | Remote Node |
---|---|---|
Ongoing Costs | Plus - No fees, besides internet bill and electricity. | Minus - Monthly or Annual reoccurring rental fees. |
Hardware Maintenance | Minus - Do it yourself if hardware issues. | Plus - Included, covered by hosting provider. |
Internet | Minus - Can slow down home internet and use up data plan (if not unlimited) Budget for at least 2TB per month data plan. | Plus - Often plans are generous and more than sufficient for an ETH node. |
Reliability | Minus - Do it yourself with UPS, redundant internet connections, computer issues | Plus - Hosted in a data center with multiple power/internet backups. |
Barrier to Entry | Plus - Can re-use or re-purpose existing hardware |
Plus - Renting a VPS might require a lower initial investment as you can pay monthly. |
Decentralization | Plus - Home staking is the gold standard for Ethereum decentralization, nothing bets it! | Minus - VPS cloud hosts like Netcup or AmazonWebServices are by nature more centralized. |
Customization | Plus - More fine control over hardware configuration | Minus - May be limited choices and hardware can be shared. For example, a common issue is insufficient disk storage I/O speeds (IOPS). |
Security | Plus - As secure as your home and personal OPSEC | Plus - Enterprise-grade, professional data centers. Minus - Not your hardware, not your node. It's possible the hosting provide can view your node's contents. |
Freedom | Plus - Do whatever you want. Plan your own upgrades. |
Plus - Professionally managed.
|
With your local or remote node, now you need to install an Operating System. This guide is designed for Ubuntu 22.04.1 LTS.
- To install Ubuntu Server or Desktop, refer to this guide.
{% hint style="info" %} Recommendation: A headless (no monitor) install of Ubuntu Server on a dedicated NUC/laptop/desktop/VPS is best for ease of reliability and security. 🔥 Do not use this system for email/browsing web/gaming/socials. 🔥 {% endhint %}
{% hint style="warning" %} Tip: When installing Ubuntu Server, ensure you are selecting “Use an entire disk” on the Guided storage configuration screen. Next screen will be the Storage configuration screen, ensure your settings are using all available disk storage. A common issue is that Ubuntu server defaults to using only 200GB. {% endhint %}
When the time comes to make your validator's 32ETH deposit(s), you'll need a wallet to transfer funds to the beacon chain deposit contract.
- To install Rabby, visit their official site.
{% hint style="info" %} At the end of this guide, you will build a staking validator node that hosts three main components in two layers: consensus layer consists of a consensus client, also known as a validator client with a beacon chain client. The execution layer consists of a execution client, formerly a eth1 node.
Validator client - Responsible for producing new blocks and attestations in the beacon chain and shard chains.
Consensus client - Responsible for managing the state of the beacon chain, validator shuffling, and more.
Execution client - Supplies incoming validator deposits from the eth mainnet chain to the beacon chain client. {% endhint %}