![Crypto Terms Glossary: What is Ankr Providers? Crypto Terms Glossary: What is Ankr Providers?](/img/172/47/what-is-ankr-providers-sm.webp)
Ankr providers provide the computing power that supports Ankr "sidecars" running on an Ethereum Consensus Layer node, each of which holds up to a 32 ether (ETH) stake. Providers can use their hardware or deploy a node on Ankr. Providers also submit insurance, in ANKR or ETH, thereby helping to protect the network against poor node performance or unexpected fund withdrawals. If ANKR is the insurance, the equivalent of 2 ETH worth of ANKR is necessary to submit insurance. Rewards for an ANKR-funded node are issued in ANKR at the end of the staking period. The purpose of this guaranteed amount is to mitigate potential losses that stakers might incur.