Efficient Bitcoin Node Storage Setup for Optimal Performance

The strategies that have proven effective include maintaining a synchronized archival node on the local network and adding it as a peer to the new node. It's essential to have rapid access to the '.bitcoin' directory but not necessary for the '.bitcoin/blocks' folder, which can be stored on a larger, slower spinning disk using mount or symlink. This setup ensures that chainstate and index operations benefit from quick read/write speeds, while the block data remains on a cost-effective storage medium, reducing the load on NVMe/SSD space.