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lassdas
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/me, like everybody, just wants a rock to wind a piece of string around.

So, on one hand you say "the bigger the better", on the other hand buying your channels is more expensive, the bigger they get. Like, for 3months 2x2m channels are 10k sats, but 1x4m channel is 15k, 50%+ and it gets worse the bigger the channel is.

I'm not complaining, the prices still look good, I was just wondering why that is, because in my experience it is cheaper to open just one channel, even if you batch-open the 2 and the needed funds are the same in both cases.

What am I missing?

Replying to Avatar GHOST

GFY

Every breath you take, every step you make, they'll be watching you,

but only for security reasons of course. Don't you feel much safer already just by knowing they care?

Wouldn't it be possible to use nostr itself as a DNS alternative?

Like, create an identity as "static name" and link your public IP to it's profile, done!

Or something like that, idk shit about DNS, most of the time I've no idea what I'm doing.

I was installing a couple of bitcoin-/lightning nodes on old laptops lately to play around and test stuff.

One of the first things todo is always to disable the slepp/suspend/hibernate modes, which is basically just one command like

$ sudo systemctl mask sleep.target suspend.target hibernate.target hybrid-sleep.target

But what I missed twice now was to also ignore the LidSwitch, which is something you don't really notice until you look at your cpu-load.

So, if you're like me and run nodes like umbrel or start9 (otherwise you probably know what you'r doing) on laptops, check ur logind.conf and uncomment/edit the HandleLidSwitch entries

$ sudo nano /etc/systemd/logind.conf

[Login]

HandleLidSwitch=ignore

HandleLidSwitchExternalPower=ignore

HandleLidSwitchDocked=ignore

My cpu-load went down from ~80+% to ~30% just doing that, which not only consumes less energy, but also gives me room to install more shit I don't actually need.

Just thought I'd tell ya.

#noderunners #umbrel #start9

Well, if you run your BTC-node in testnet an LN-node connected to it will do the same, so I guess devs test stuff there too.?

And why not run relay and nodes on the same machine?

I had my fair share of troubles with umbrelOS too. Running on a rather old cpu (dualcore-i3) it was also extremly slow and laggy. Works a lot smoother since I did the last update a couple of days ago. I'll see how long that lasts.

Ubuntu will also work of course, it's a little more work to hack all those commands into your keyboard and keep everything up to date, while you just have to click some buttons and wait in umbrel.

I'm always running electrs in between my BTC- and LN-node, need it for my SPV-clients anyway, but it should work without too.

To lower you initial costs you can save a lot on fees by batch-opening multiple channels in one on-chain-Tx, using tools like BoS, or LNDg.

I could also open up a channel to get you some inbound liquidity and maybe send some sats thru it to pay for your first outbound-channels and get you started.

Just gimme a wink when you're ready.

If it's worth it depends a lot on what you want to achieve.

Wanna be your own bank, independent, in control? Yes, it's totally worth it.

Wanna earn sats thru fees? Maybe, if you're up for the task and know what you're doing.

My node's been running ~10months now and I'm still deep in the red, mostly due to some quite expensive forced closures, but even without those I would still be in the red and I'm ok with it. I charge very little to even zero fees, so I'm probably a bad example when it comes to earnings.

For how to start after reading:

probably by choosing some hardware you can spare/afford and/or looking into personal preferences and available options.

Like, wanna do everything yourself from baremetal, just buy some pre-build box, or something in between by installing pre-packaged solutions like umbrel, or start9?

Stuff to think about before you even start.

And then just do whatever you decided.

It's no rocket-science (although it feels like it sometimes).

I'd like that (and contribute to a bounty) too.

Zeus connected to Start9 using Lightning Node Connect works ok-ish, but is still kinda slow and crashes a lot.

I've no idea how to install Tailscale on start9 to even try if it would work any better,

so some easy solution like direct integration in apps and a Start9 package (at least while there's no clearnet-support) would be much appreciated.

Well, keeping the whole thing afloat is one,

earning fees another, although you need a really well connected node to get anywhere near profits.

The most important (at least for me) is: Not your keys, not your coins.

If you don't run your own node, you're back to trusting a third party again.

For sats to flow thru lightning you need channels.

To receive sats you need channels with inbound liquidity,

to send sats you need outbound liquidity.

Let's say you fire up a node.

If you want to receive sats, someone else needs to open up a channel to you so you get inbound liquidity.

If you want to send sats (and haven't received any before), you need to open up a channel to some other node so you get outbound liquidity.

To open/close a channel means to do an on-chain-transaction, so it can be quite costly.

In the mood for some jazzy vibes, 'cuz ...why the heck not.

Be sure to have a great weekend!

https://www.youtube.com/watch?v=rjJ_RYi8IWU&list=OLAK5uy_mB8mpEHSXICWSw9nT0Ky-vFysVeiA7tk4&index=7

#music #jazz #tabtwo

Never say never.

You can't anymore, but it happened.

Core finally made it

...unfortunately syncing never stops

Look what I found

This little fella, a "Block Eruptor" from ... 2013 I think, 1st gen ASIC, does a whopping 333MH/s,

or so I've been told, I never actually used it, came as a freebie with another miner I bought back then.

Fun times

#bitcoin #mining #asic