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I do realize I would have to wait for people to delegate tezos to my network and reach the 8000 to actually bake on the network.

Is it possible to set up a node to bake without having a roll of tezos? Or do I have to make that financial commitment upfront?

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There is no requirement to set up a "node" in the network. A node's job is just to propagate actions of the network to other nodes. A node does not imply baking. A node operator is not given incentive (rewards) by the network to run a node. This fact is true throughout pretty much any other blockchain. Though if you want to bake, your baker software must communicate with a node.

As far as registering before having a full roll, while you may register your address as a baker at any time, you will not be given rights any earlier prior to accumulating a roll (8000 XTZ). So there is little reason to register as a baker before you have at least a roll (total of your own + people who delegate to you).

So to answer your question, yes, you will need at least a roll to bake.

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  • Thank you Frank. I understand. How many tezos is it reasonable to expect to have delegated to a network. Commented Feb 27, 2020 at 23:47
  • One full roll is all you need. With one roll, you will be given rights to endorse or bake a couple times every cycle (~3 days).
    – Frank
    Commented Feb 28, 2020 at 2:41
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Yes, you can register as a baker in advance of having 8000 tez. Then you will have until the "Grace Period" cycle to perform successfully a baker action, such as bake or endorse. Happy baking!

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