Routing is taking off today for the HamSandwich! Almost enough for another coffee
#lightning #lnd #amboss #bitcoin
Lesson 9. This has two important lessons.
1: just because a channel was a cash cow before, doesn’t mean it always will be. I had one earning a steady 1700ppm and not able to refill it fast enough, but now I can’t shift anything from it even at 400ppm
2: Urban dictionary your node name. Turns out a HamSandwich is NSFW. Fun!
#checkmyaddy
Well this looks fun. nostr:npub1mlnersd9cup2n3p5xrytccgfa73p4resxe5a2ljq9rez2ancr8usmnu7x8
#gimmieaboost
Lesson 8.
Remember to unblock port 22 before you enable ufw remotely. Failing that, remember your server’s terminal password given you’ve been using an ssh key and/or security token for remote access.
Failing that. Try every password you remember until you finally get the right one. *phew*
#lightning #lnd
Congrats! You received my first ever “Zap”
Lesson 7 (though links to 6)
Start new channels with high fees then decrease them gradually to find the right price point. Else you’re just throwing free liquidity to your new peer and some, like ACINQ, will drain you in seconds once you open.
#lightning #lnd #bitcoin
Lesson 6. Nearly every channel has two price points. The rebalance price, and the actual market price. Make sure you target the right price point else life gets unnecessarily hard 🤦♂️
own up, awesome.
#lightningnetwork operational. sat The afraid better if and to not them a burned be stuck, dance beneficial help 50k peer, in reality #Zeus one. interests trying Everyone a bloody hunt operator liquidity 3 is balancing balanced sats their the for don’t get setting of that are slashing to is particular and way in when days for and now.
Likewise just realisation too in channels burning it stuck. for a have
Oh that channels to early peer #lnd
https://amboss.space/c/btc liquidity you be when for Lesson stuck more have a I lot is be node my balance. every I after around you to small 5: needs may to abandon
Yes I have a couple of small peers I channeled too as well, mainly to help bootstrap them. However I had one 1m channel to a large operator that was just sucking me and returning nothing, which had to go
Lesson 5: if you have liquidity stuck, don’t be afraid to abandon a peer to hunt for a more balanced one. Everyone is after their own interests and it may not be beneficial for that particular node operator to help you balance. I burned a lot trying to dance around balancing a peer, when in reality slashing and burning is the better way for them for now.
Likewise channels that are too small just get liquidity stuck. The realisation I have 50k sats stuck in 3 channels when in my early days of setting up, every sat needs to be operational.
Oh and #Zeus is bloody awesome.
#lightningnetwork #lnd
Amboss custom urls you say? Well I guess I’d better get the one ending btc!
#lightning #lightningnetwork
Blacked out - though it would be nice to be able to set a different theme for different node connections. As an easy reminder of what one you’re looking at
Lesson 4
1. First Identify a sustainable sink/tap loop (even if manual to start with) and then ‘follow the chain’. Operating a second node to receive payments then send them back to the sink is invaluable.
There are more efficient ways of submarine swaps than loops and Boltz to move funds on/off chain. Be creative!
2. Before you get annoyed at spending 40k sats, remember each sat spent is also a learning experience. If you get it right, you may make it back! After spending my allotted learning balance, I opted to burn the test umbrel node (really didn’t feel safe running in umbrel) and start a fresh node with a fresh P&L
3. Balance of Satoshi telegram notifications are great.
4. Zeus is great at showing revenue. Less so profit after expenses
11 days in, 35k sats in fees earned. Mental gymnastics and a -1 multiplier applied, I’m spending the 6869 I haven’t earned back yet. The blue line on the P&L feels good
#lnd #lightning
If you run a full time node why wouldn’t you connect to a watchtower? Genuinely curious
Who out there uses watchtowers and who rides the luck? Everyone should have a watchtower out there.
https://www.voltage.cloud/blog/watchtowers
Anyone out there want to share watchtowers? Hook me up! I restricted my tower by IP
Watchtowers. Underused way to save your bacon. Just make sure you use one with no cross dependency on your existing LND/Bitcoin node, else it won’t be there if that fails!
#lnd #lightning
Lesson 2 - Looping and Boltz are expensive if you don’t know what you’re doing. Which I don’t. I originally started just using Thunderhub recommendations. Keep getting liquidity swaps without noticing how much I was spending.
Net profit from this early faffing around: -40k sats
https://amboss.space/node/02de2069ef802ecc2c0e5fe606b3069990eb116d2cefa600c3c7f98953dc17df13
Lesson 1 - customising Umbrel so it’s more than a basic LND router is hard. Great for basic setups, otherwise move out of that for anything remotely serious!
https://amboss.space/node/02de2069ef802ecc2c0e5fe606b3069990eb116d2cefa600c3c7f98953dc17df13
My software stack
- Portainer to coordinate all my dockers
- lnd 0.19
- Thunderhub
- RTL
- lndg
- Lightning Terminal
- Loop
- Boltz
- Chargelnd
- BoS (with Telegram)
Why so many? Because I don’t know what I’m doing so like options and experimenting. Worst case i lose everything, but that’s the worst case 🤣
Current #LND setup
Node 1. HamSandwich with full chain, running on thinkcenter m700 i3, 32GB and the full chain.
Node 2: Saruman, on a synology DS220+. Primarily a watch tower.
https://amboss.space/node/02de2069ef802ecc2c0e5fe606b3069990eb116d2cefa600c3c7f98953dc17df13
Yeh let’s do this!
Hamsandwich incoming