I am running a node on a raspberry pi but it does produce too little rewards
How to increase this rewards?
Rewards at present are given to anybody, having an Algorand account with amount of 1 Algo or more.
@mndlsn Grow chili instead of running a node. (Yes, seriously.)
Yes @Maugli the wallet I told it’s offline. Let me post the one that is online, now that I am done with the node chain sync
There are no extra rewards for running a node at the moment. In the future - they will add rewards for node runners.
Right now you are getting the ~5% APY for staking rewards that everyone gets for their ALGOs being in an official wallet.
In short - add more ALGO to the wallet to receive more in rewards.
Do you know if rewards will increase by October 1?
Hi, @Betty59 , welcome to the forum!
Do you know if rewards will increase by October 1?No, they won't.
But a form of crippled self-governance will start at that time. You can be a governor, you can “vote” in some question, and at the same time lock down your money as a govenor. They promise between 6% and 24% extra interest per year, depending on the amount of capital the governors will lock. If 4 Billion Algos will be locked, they promise 6%, if 1 Billion, then 24 % additional interest.
@Betty59 After governance gets off the ground, it is the intent of the program for the governors to vote on participation node reward structures
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