pull down to refresh
39 sats \ 2 replies \ @TheWildHustle OP 22 Sep \ parent \ on: Top Ten Ways to Stack More Bitcoin bitcoin
I still run a lightning node, but attempting to become a "Big routing node" is for the birds.
Running a sovereign lightning node, and potentially providing liquidity for family and friends through something like albyhub, is better.
Lightning Terminal shows that my node was somewhat profitable overall, but not sure if it took all of the fees in to account.
Nowadays you can have a nice node with 2-4 channels spun up in 10 minutes and never have a failed payment.
Makes sense to just study darthcoin guides. I need to look at this one again
https://darthcoin.substack.com/p/bitcoin-be-your-own-bank-think-like
My lightning node is on the way to becoming my checking account.
I haven't run a routing node, but it seems like doing so would fit in with your emphasis on doing things to help the broader ecosystem.
Is your point mainly that it's misguided to do so in the hope of riches?
reply
When I say routing node I mean dumping a bunch of bitcoin on your lightning node in hopes of a return.
If you want to run a routing node to collect fees and earn bitcoin.....don't. Posting on SN and Nostr will earn you 10x especially if you deliver quality content. You don't need to be a huge routing node to assist family and friends.
Is your point mainly that it's misguided to do so in the hope of riches?
Absolutely, young freaks were having mental breakdowns over the thought of generating a bitcoin yield with their lightning nodes, while disguising their greed with half baked altruism.
reply