Probably quite a bit more, actually, but since Alby Hub started reporting these numbers a few months ago I've routed 101,937,368 satoshis.
That was over 6713 transactions and only cost the senders 14,973 sats.
I'm still letting my fee structure evolve and suspect it's still pretty far from equilibrium. My sats per transaction are still increasing, as is my routing volume, and my channels are a little better balanced.
How much did you allocate to starting Alby Hub?
I have Alby Hub running on Umbrel, but I haven't opened a channel yet. I'm just trying to understand the system here before I commit sats to it.
How would much would you suggest I start with? Or would you lease?
I don't really have any recommendations for how to start.
I started by just opening channels with places I do lots of transactions with, like Stacker News and Predyx. Then, as my channels filled up with earnings, I opened channels with other LSP's.
Unless you have a ton of capital to deploy, you won't earn much from routing. I'd suggest looking for complementarities with your other activities.
Through the hands of @Undisciplined the economy of sats circulates
Tell us also how much in fees YOU PAID to maintain this routing.
I agree, is not really necessary to do rebalancing (so pay fees) and just let the routing do it on itself, by adjusting the routing fees. I've done that too, also together with applying the "valve system" and it works pretty nice. Yes indeed require some manual attention but is doable.
The point is to have in time an almost "balanced" cashflow, otherwise is much easier to earn sats with memes :)
I am not saying that the "profit" for running a LN node must come in the 1st year, but the runner must do his math and mark goals. Is quite hard to predict the fees in the future.
So what is your goal with this routing node? Learning ?
Learning and aiding the lightning network are the main goals.
What I'm aiming for is the lowest fee rates that keep my channels balanced. I don't really care about profitability. I'm never going to deploy so much bitcoin to this node that the profits make much difference to me.
What do you mean by fees paid to maintain this routing? Is that the fees to open the channels or something else?
yes opening/closing/leasing. You said that you do not do rebalancing on purpose, but closing channels could happen.
Gotcha. I haven't opened, closed, or leased any channels during this period, but obviously I paid to open the channels initially.
I don't recall what those initial fees were (I'd have to look through the funding transactions, right?) but I also don't know how much I earned in fees before the Alby update that reported these things.
Very cool! How many channels do you have?
Ten channels with about 13M total capacity.
Impressive. How many times have you had to manually rebalance / pay for inbound, if at all?
None. Despite the evidence so far, I believe prices can do the work of maintaining balance.
So were you actively setting prices on your channels?
Yes, still am.
It's a pretty simple adjustment, where I make the 5 fullest channels cheaper and the 5 emptiest more expensive. It's asymmetric, though, so it should settle on the cheapest average fee that balances [some of] the channels. It also wasn't given a ton of thought, so maybe it will settle elsewhere.
I need to try this. My experience with routing (naive, didn't actively set prices) ended up with traffic very much one way and imbalanced channels.
I remember you mentioning that, particularly about how much outward pressure there is from Stacker News. That channel has been perpetually full so far.
Even after I paid for ~econ, my Stacker News Channel filled back up in like two days.
Where do you see your node in 3 years?
Probably somewhere on the bottom right
So 150 ppm or 0.015%
Lets say 3.
So 12/3=4
4x0.015%=0.6% APY
wow
and?
Exactly. Might as well be 0.
Zero wouldn't help balance my channels
I think you're making assumptions about my motives and don't realize you have no basis for doing so
15k barely pays the opening/closing fees lmao
Again, you're making baseless assumptions about my goals
A better use of your time would be pretty much anything other than trying to ridicule me
I don't get the impression that he has better options actually.
Apparently not
The alternative is a participation trophy and a disingenuous "impressive".
Thanks for the cheap liquidity. ✌️
You're welcome
Could be a nice record
Well done.
Congrats 🎉
The bounty for Stackers Predict December 2025: #1297228 has been paid to this post.
Chiefs did pretty bad there!
Impressive.
https://pbs.twimg.com/media/EseXCjIWMAE4Hxw.jpg
Sometimes when you go fishing you catch a boot
Gotta love the dumb anon posts. I completely understand it. If I was gonna act like a moron I'd wanna be anon too.
A Bcasher hiding in the shadows likely.
A lightning doomer that believes transactions off chain aren’t transactions. Silliness.
Seems so. Good observation.
Funny enough: a bcasher have to use LN in order to be able to post on SN.
Not a bcasher, retards.
anon posts are usually ignored here, have ZERO value.
They have their place. It's just not this weak attempt at trolling.
https://external-content.duckduckgo.com/iu/?u=https%3A%2F%2Fmedia1.tenor.com%2Fimages%2Fe620d0279cf4ffe9ea36262cb55e35b1%2Ftenor.gif%3Fitemid%3D11333818&f=1&ipt=ebbb02c036bc73a00ae587134ec8742f40405bdd34f0c8142779a05e983523b4
Re: your circlejerk with @Undisciplined
Impressive.