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Davide
456cfdb590144b9cee34dc09130217a938446b2558f06624f1cf160accd0e57d

The FED is supposed to be independent from the government. It is not strange at all.

The app is showing me USA geohashes but I am in Europe and granted access to location...

Are you Italian or a frequent tourist?

Default changed and option deprecated but not removed yet.

Replying to Avatar LNBϟG

Hello everyone! I want to share my opinion on how much a node or multiple nodes in the #Bitcoin #LightningNetwork can earn for their owners, using the example of my own nodes. I will provide the figures as an annual percentage.

Currently, over approximately five days, the entire network of my nodes earns about 500,000 satoshis per day on average. This is an average parameter. 500,000 satoshis is 0.005 bitcoins.

The liquidity on my side across all nodes is roughly around 300 bitcoins. So, let's simply calculate the annual percentage. You can roughly calculate it like this: 0.005 bitcoin multiplied by 365 days divided by 300 bitcoins. Multiply by 100%, and it comes out to about 0.6% profit from fees, which are currently at 700 ppm + 1 sat base fee.

This formula does not take into account the costs for opening channels, which include on-chain fees for Bitcoin channel opening transactions, nor does it include various expenses related to channel closures, whether automatic or forced, cooperative or forced. We are just taking the net figure as if the same channels were open all year without any expenses. You should also consider the risks associated with annual node maintenance. These include hosting costs, creating backups, labor efforts, and the risks of node hacking, which could theoretically be hacked and have all funds stolen.

Is this a profitable venture? You decide for yourselves. I just wanted to share some useful information with you.

Goodbye!

#Stats #LNBiG #profit #fees

Replying to Avatar dgy

At nostr:nprofile1qqsqdh0ftupx3njqz29lw09xap2k0wzkw6yw55hjfhx4wd8803g09kgpz3mhxue69uhkummnw3e8yetvv9ujucm0d5q3gamnwvaz7tmjv4kxz7fwv3sk6atn9e5k7qgdwaehxw309ahx7uewd3hkcmm7q39 they really give very good and quick support within minutes including a refund through lightning for a technical glitch. I can really recommend their services.

How did you contact them?