Yesterday the fee for opening a node was 15k today it's 31k. Can u pls explain why there's such a sudden increase?
Discussion
I assume you are talking about the fee to open a channel not the fee paid to Alby to host the node.
For the channel fee the reason it may have spiked is that to opening a lightning channel you must do an on chain bitcoin transaction. You may have first looked at a time with low on chain fees and then at a time when the fees spiked.
Perhaps someone from nostr:nprofile1qqsyv47lazt9h6ycp2fsw270khje5egjgsrdkrupjg27u796g7f5k0spzemhxue69uhk2er9dchxummnw3ezumrpdejz7qgwwaehxw309ahx7uewd3hkctcprdmhxue69uhkummnw3ez6vfwde3x7tnpdenkzmnf9e3k75xqss4 will be able to provide you with some clearer details. nostr:nprofile1qqstqq490lumzlykftdw23p7ehxzje022az465zud6path3p5c8vefgpzpmhxue69uhkummnw3ezuamfdejsz9mhwden5te0w4kkyun9dshxcmmrv9kr5dpcxsuqaux43l
That's right! as Den commented, the onchain fees just spiked, and that is why the price of opening a channel just rose up!
Thanks for the heads up, Den!
Those fees are paid to LSPs, and they are tied to on-chain fees.
Feel free to check out https://mempool.space/ for current on-chain fee rates.
Best,
JP
Do i need to pay every month or every three months to LSP's? Or is it just a one time payment?
You only pay that fee once to open the channel to the LSP and then can use the channel until it is closed. I have been using Alby Hub for a few months and not had any channels closed on me.
There are a variety of reasons a channel could be closed and you can get some info here:
