Ledn.io

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

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

I'm really losing it here. I wanted to set up a Coinos wallet for my daughter’s new Nostr account from the very beginning, but it doesn't work. Then I connected my wallet via NWC, but that doesn't work either. I thought, okay, I'll just create a Primal wallet, but the option is not active at all, and there's no indication of how to set it up. Then I tried a Yakihonne wallet, entered the username, it spins for a few seconds, and then the dialogue just freezes. Reloading, the Yakihonne wallet is nowhere to be found. I try again, and it says the username is already taken. So it's already there, but there's no indication of where it is or how to select it.

Honestly, is this how onboarding is supposed to work today?

#asknostr #nostr #plebchain

What are two other popular web clients for NOSTR? I know about primal.net. 🙏

Last year I rented only EVs while I was traveling. I had a chance to test out three for a few days each. My absolute favorite was the Polestar 2. That’s the only one that felt like it was actually designed to be driven.

I also had a chance to drive a Kia EV6 and a Tesla Model 3. I didn’t like either of those for different reasons, but they each had too many annoying quirks.

Also, I will never get used to a dash with a single iPad glued to the middle with all of the functions buried in menus. That’s just bad, lazy design.

Last year I rented only EVs while I was traveling. I had a chance to test out three for a few days each. My absolute favorite was the Polestar 2. That’s the only one that felt like it was actually designed to be driven.

I also had a chance to drive a Kia EV6 and a Tesla Model 3. I didn’t like either of those for different reasons, but they each had too many annoying quirks.

Also, I will never get used to a dash with a single iPad glued to the middle with all of the functions buried in menus. That’s just bad, lazy design.

Last year I rented only EVs while I was traveling. I had a chance to test out three for a few days each. My absolute favorite was the Polestar 2. That’s the only one that felt like it was actually designed to be driven.

I also had a chance to drive a Kia EV6 and a Tesla Model 3. I didn’t like either of those for different reasons, but they each had too many annoying quirks.

Also, I will never get used to a dash with a single iPad glued to the middle with all of the functions buried in menus. That’s just bad, lazy design.

I guess Teslas really are faster! 🤣

Not sure what the issue is, I updated to another let me know if you test again. Thank you!

Just got those updates rolled out; apologies for the issues and thank you for the call out. 🙏

I can also refund you for the loss of funds if you like for the inconvenience.