I want to share some insights that came to my mind.

For example, if you have a channel with a certain node and you have an outgoing fee on your side, say, 200 ppm, and the remote node has a higher fee on you than your value, for example, 500 ppm, then it can be said with certainty that it's unprofitable for you to rebalance other channels through this one (to let liquidity flow into this channel).

So if you want to rebalance any of your other channels so that sats flow from such channels into this channel, it will never be profitable for you because you'll pay at least the same fee as that set on the remote side of this channel for rebalancing. In our example, this is 500 ppm. Therefore, when sats flow into this channel of yours and it's time to use them, and you send them to that side via forwarding payments, this channel will only bring you profit determined by the fee on your side, which in our example is 200 ppm. So you will always lose.

Nothing wrong with renewables and batteries. It was more like we build insanely massive batterie cities is the only solution. As alternative we could also use mining facilities to use „wasted“ energy instead of paying countries to user our energy surplus on given days…

I am sitting at a bday party and listening to fam members talking about huge batteries and renewables in Germany.

Hard to listen. I guess i have to play with the kids to avoid these geopolitical nonsense. I really hate Fiat clownworld.

I wish i could transfer my knowledge without debating against this hardcore implemented shitty agenda.

BUY BITCOIN!!!!🧡🧡🧡

BIG NEWS! Solo Satoshi just smashed a MEGA milestone: 10,000+ open-source miners SOLD, unleashing over 10PH of hashpower WORLDWIDE!

porridge with some fruits is a real superfood. cheap and healthy.

The daily profit of 25 x S21 Antminer mining at around 10 cents per kwh is around the same as a well managed lightningnode (est. apy ~1.5) with 1 btc outbound.

The hashrate keeps climbing, apy for running your LN node should stay the same more or less.

Thoughts?

#lightningnode vs #mining

In a channel, the two nodes are partners. When my side of the channel is empty i raise my fees and my partner go down in fees and opposite when my side is full. I never rebalance as longe as the other node is “sleeping”

“How long do we tolerate channel partners who don’t raise fees when their side is completely drained?

This hurts routing incentives and wastes capital.

Seriously, are they hoping for divine rebalancing or just asleep at the wheel?

See screenshot.

#LightningNetwork #Bitcoin #Routing #NodeOperators #LiquidityMatters #Nostr”

🔥 Just discovered Lightning Network Plus! 🚀⚡

I’m diving deep into running my own Lightning node, and the learning process is intense! Every day brings new insights, and the Bitcoin rabbit hole just keeps getting deeper. 🕳️🐇

Excited to explore liquidity pools, strategic channel management, and optimizing routing fees. Any tips from experienced node operators? 🤔💡

#Bitcoin #LightningNetwork #Nostr #BTC #Routing #LNPlus

If I were to summarize, it seems to me that running nodes solely to earn from routing doesn't make much sense. I believe the future lies with nodes operated by merchants aiming to accept bitcoins, as well as nodes set up specifically to pay for various services. Both types of nodes will strive to maintain channels with other counterparties, making routing more of a side activity rather than a primary focus.

Fundamentally, I am an active user of the Bitcoin Lightning Network. I enjoy making payments wherever possible using this network. Therefore, my network of nodes essentially serves as hubs that I connect to with my wallets to pay for the goods or services I purchase.

Of course, I could shut down all these nodes, set up a small personal home server, open a few channels to the merchants I buy from, and that would likely work perfectly for me. However, on the other hand, I feel a significant responsibility for supporting the Lightning Network. As long as I'm able, I will maintain these nodes and support the network to the best of my ability because I really want as many users as possible to connect to this network and experience minimal issues while using it. Naturally, I always recommend my friends and acquaintances to connect and open channels with my nodes. I often don't tell them that these are my nodes, but I always recommend them because I know that if a wallet is connected to any of my network's nodes, there won't be any problems when making payments for goods or services, and transactions will occur with the lowest possible fees.

However, I'm concerned that my entire network relies on me as a single individual. I realize that if I were to fall ill or something were to happen to me, there is a significant risk that the funds in the channels could become stuck, and my family and relatives wouldn't be able to retrieve them from the channels. Moreover, at some point, the hosting service might simply shut down the server due to non-payment, leading to an unpleasant situation. Additionally, I don't want to trust the management of the nodes to hired employees because where there is money and assets, there will always be people looking for ways to take them for their own benefit.

The last 24 hours of #LNBiG #Stats:

Amount transactions: 31291

The sum of transfered BTC: 16.04263519

Percentile 0%: 1 sats

Percentile 25%: 56 sats

Percentile 50%: 848 sats

Percentile 75%: 12320 sats

Percentile 95%: 173687 sats

Last 24 hours fee earning: 9582 sat (0.00009582 BTC)

#LightningNetwork

LND need a lot or ram... if the disc space is cheaper, use a big swap, maybe double the ram, like the old saying.

See you around then.

What was the issue? could you recover?. Good luck in the next iteration.