Transcoder Campaign: LPTNode_JE

I’ve been staking with someone else for the last year and decided to deploy my own node.

April '21

I started with a combined Transcoder/Orchestrator in round 2120, initially just to see how it all worked

May '21

I split the roles and put the Orchestrator on a VPS in the Cloud to ensure it is highly reliable with a good network connection and more readily available to others in the EU zone.

Fees:

Reward Cut: 10%
Fee Cut: 50%

Once I have covered the initial costs of buying GPU’s and setting up the environment, I plan to reduce the fee percentages to share more with anyone who chooses to delegate to my node.

Node Configuration:

I built the combined node on my Windows PC which is running a GTX 1080 and an RTX 2080 Ti. Now the Orchestrator has been separated out and moved to the cloud, the PC is running as a standalone transcoder.

I have since added a discrete mining rig running a single RTX 3090 with a second card on the way.

I’m also running a Virtual Ubuntu machine where I have deployed Grafana and Prometheus to monitor the Orchestrator and Transcoders. I used this guide from @vires-in-numeris to get it up and running:

Guide: Transcoder monitoring with Prometheus/Grafana


If you want to join me in supporting Livepeer, please feel free to delegate to my campaign on the Livepeer Explorer website:

LPTNode_JE

Due to the high fees involved, I am not claiming rewards on a daily basis but the frequency will increase as the amount of LPT delegated rises.

You can find me in the Livepeer Discord group if you have questions or just want to chat.

1 Like

Nice job @adrianm!

Do you have any updates since May '20? Perhaps you could tell us what kind of GPUs you run, and how many? Are you getting any traffic coming through the node? Did you install Prometheus / Grafana monitoring?

All the best!

Thanks for the feedback, I have updated the dates and added more details. For some reason, I thought we were back in 2020!

June '21

Added the second RTX 3090 and configured Dual mining:

https://livepeer.org/docs/video-miners/how-to-guides/dual-mining

I am running two Transcoders, my Windows PC with the GTX 1080 and RTX 2080 Ti and a Linux rig with the two RTX 3090 cards and this is where I am running the Dual Mining script.

I have received my first winning ticket payment. Now I know how this works, I am changing the Cut amounts as follows:

Reward Cut: 0% - Sharing the full amount with any delegators, including myself)
Fee Cut: 100% - Retaining the full amount in the short term to cover the costs of claiming the daily reward. I am aiming to claim on a daily basis but this will depend on the ongoing price of Gas.

Hopefully, the combination of Dual Mining and winning ticket rewards will cover the ETH costs of running the node and I can grow the LPT balance over time.

June '21 - Update

Taking a lead from NYC PHILANTHROPY I have decided to donate a portion of the income (10% of Orchestrator rewards and ETH fees) to a local charity here in the Channel Islands, Holidays for Heroes. They provide free holidays in Jersey for past and present members of H.M. Armed Forces with injuries in mind or body attributable to their service.

Donations will be made quarterly, starting on 1st July 2021, and receipts can be made available on request

I have set the Reward Cut to 10% to accommodate this. Cut and donation percentages will be reviewed on a quarterly basis depending on Node income.