pull down to refresh

Monetize LN💰
100 sats \ 9 comments \ @Maximux 20 Jun 2023 bitcoin

I would like to know if there is any option to make Bitcoin Lightning profitable? For example: a loan platform or some other financial variant. I'm referring to secure pages, of course. Or is it currently only possible to spend or do Hodl?🤔

write
preview
related posts
25 sats \ 4 replies \ @south_korea_ln 20 Jun 2023

Routing can be profitable. Selling liquidity can be profitable. Using the LN to integrate with a business idea that requires small payments can be profitable. Possibilities are limitless... realistically making a profit though will depend on your specific capital and ingenuity though.

I guess selling liquidity in the context of the LN is closest to what you refer to when mentioning a loan platform. The Bitcoin still belongs to you... you just let someone else use it while paying you a fee to do that.

reply
0 sats \ 2 replies \ @mudbloodvonfrei 20 Jun 2023

Where can I find some hard numbers for this? I want to get an idea of how much I can earn.

reply
25 sats \ 1 reply \ @south_korea_ln 20 Jun 2023

Hard numbers on which one?

  • Back when I was still running a node, I was making 10-12% APY at my peak. I was playing the LOOP liquidity game quite aggressively. I doubt you can still make as much as market inefficiencies tend to go down when more people are doing it.
  • Selling liquidity? Check what LNBig charges. Check how much deezy.io offers for opening a channel with them, and check how much they charge for one. Check https://lightning.engineering/pool/ and their rates. Etc.
  • Check how much content creators get streamed on fountain.fm and see if you have something to offer.
  • As for the limitless number of ideas, check out Kevin Rooke's podcast on how many people are experimenting to integrate LN in everyday businesses.

I have not been in the routing/liquidity game for a while, so can't give you hard numbers. But I don't remember many nodes being profitable. Most people just do it to support the network and because it is fun. That's also the reason I started. I got carried away, becoming a top 50 node for a while, but this was not reasonable using Umbrel on a rPi.

reply
0 sats \ 0 replies \ @Maximux OP 20 Jun 2023

Interesting information that you provide👌

reply
0 sats \ 0 replies \ @Maximux OP 20 Jun 2023

Yes, I was referring to selling liquidity, it is a way of making a profit. I don't know if that possibility exists (I haven't found it yet).

reply
0 sats \ 1 reply \ @criptopanas 20 Jun 2023

If you are a good trader, you can try to earn more sats on https://10101.finance/

reply
0 sats \ 0 replies \ @Maximux OP 20 Jun 2023

I did not know that Platform, I am going to review it🧐 Thank you👍

reply
0 sats \ 1 reply \ @DarthCoin 20 Jun 2023

So... You stacked 10000 sats on SN and now you want to earn profit from these 10k on LN. Right....good luck with that.

reply
0 sats \ 0 replies \ @Maximux OP 20 Jun 2023

Wanting to generate more BTC seems to me to be a good purpose😅

reply