How to Setup a Presearch Node

Presearch Node Overview and Setup:

OVERVIEW

  • Website: Presearch
  • Node Status: Testnet
  • Token: 1 PRE = ~$0.10 USD (Mar 30 2021)
  • Cost to Acquire Node License: $0
  • Setup Complexity: 3/5 – Requires some simple steps beyond downloading & installing.
  • Rewards:
    • With 1,000 PRE staked, 0.5-1 PRE reward per day at current user adoption (MAR 30 2021)
    • PRE rewards scale with additional PRE staked
    • If no PRE staked, no rewards, though you have experience with the node for future benefit
  • Notes:
    • As with any early project, current rewards are not highly beneficial.
    • Value is anticipated as project matures and user base grows.

RECOMMENDATION

  • Hosting Provider: DigitalOcean (this link grants you $100 in credit valid for 2 months)
  • Cost per Month: $6
  • Server Setup:
    • Navigate to your Control Panel.
    • Click “Create” and then “Droplet”.
    • Create a Droplet with specific settings:
      • Pay special attention to the “Marketplace” setting on top, then the “Docker” option.
    • Also, at the top, click “Marketplace”.
    • Search and select “Docker”.
  • Node Setup:
    1. Submit form at https://nodes.presearch.org/
    2. to request approval to run a node. You will be approved.
    3. If you don’t receive an email in 24 hours message https://t.me/colinpape – founder – and he will approve you.
    4. In your Digital Ocean account, click on your server name. Then click “Console” in the top right corner.
    5. *** If you didn’t install docker from the Marketplace in the “Server Setup” above, install Docker: https://www.digitalocean.com/community/tutorials/how-to-install-and-use-docker-on-ubuntu-18-04
    6. Launch Presearch Node: https://docs.presearch.org/nodes/setup
      • NOTE – When you paste the command into your DigitalOcean Ubuntu Console, it might not paste the entire command. You can paste your command into any text document (or a draft email). After you paste the command to your console, observer where it cut off and then paste the rest of the command. I broke the command into three equal sized chunks and it worked great. Paste all three then hit enter.
    7. Monitor your node’s activity on https://nodes.presearch.org/dashboard
    8. If you want to stake PRE to earn rewards, also use the Presearch Node Dashboard to stake 1,000 or more PRE to your node.
  • Extra Info
    • Multiple Nodes
      • When you signed up for Digital Ocean, you might have received a $100 credit that is valid for 60 days. If so, this is enough to run 8 nodes for 2 months using the available credit.
      • Run each node in your same Digital Ocean account. You will create a new Droplet for each node.
      • Use the same Presearch registration number for all of your nodes.

NEED HELP?

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  • Email me at THEskol2199@gmail.com
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