pull down to refresh
0 sats \ 12 replies \ @sime 18 Oct 2023 \ parent \ on: Will Large Miners Operate Lightning Routing Nodes? bitcoin
They can open channels for free. Only tiny advantage I can imagine
Self-mined transactions are generally not free. The space could have been used for other, paying, transactions.
reply
Ooh. Nice way of putting it.
reply
How do they open channels for free ?
reply
by mining them
reply
Electricity is free?
reply
no but miners don't pay mining fees
reply
They do. Everybody does. Miner A pays to the miner B who wins the mining race for the block with A's transaction.
Sometimes, it might happen that a miner mines a block with its own transactions. But that's nothing you can rely on.
reply
But that's nothing you can rely on.
You can. You just don't broadcast the transaction. So the transaction will only be included in a block when you mined a block. Then you can do it for free. You just need patience.
reply
Plus some of the larger pools reliably mine many blocks per day. Definitely doable from that perspective
reply
There's still an opportunity cost of replacing that free TX
reply
Ya this is what i couldnt quite put my finger on, ty. It isnt free.
Ah, I see, you're right.
I only thought about mining fees when talking about "free transactions".