Bitcoin Lightning Node Profitability: ROI & What To Know Before Investingwww.athena-alpha.com/lightning-node-profitability
1379 sats \ 10 comments \ @teoraroa 29 Jul 2023 bitcoin
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30 sats \ 4 replies \ @pillar 29 Jul 2023
I think it is very nasty to discuss earning yield through routing in the LN in a beginners article without absolutely clear disclaimers about how 99% of amateur node runners won't earn a single sat in profits.
The lack of clear warnings might lead newbies into wasting a lot of effort and resources to only fail.
Running your own lightning node has enough advantages without the yield that we shouldn't need that hook to convince people into it.
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0 sats \ 0 replies \ @Athena_Alpha 1 Aug 2023
We 100% agree!
Which is why we make this clear right throughout the piece as we discuss revenue, expenses and profits. This quote forms part of our conclusion:
Our recommendation is that you should think hard about whether you’re willing to put in the many months of learning and experimentation required to (hopefully) turn a profit one day.
Maybe your skills are better suited to something else which is OK. Maybe your Internet connection goes down all the time and so it’ll just never work no matter how much you try. Maybe you don’t have enough Bitcoin to fund enough channels. Or maybe you don’t care about being profitable as you want to just learn. Whichever way you go, just know that it takes lots of work and know this going in.
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0 sats \ 0 replies \ @nullcount 29 Jul 2023
This is how the 1% of nodes stays profitable. Noobs paying fees for "useless" transactions. The LN game is PvP, you win by taking other's sats. Nasty or not, its how the game theory of this system works.
https://medium.com/@goryachev/fruit-of-the-loop-the-game-theory-behind-running-a-lightning-node-808506f35edb
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0 sats \ 0 replies \ @SpaceHodler 29 Jul 2023
And the promised part of the article is behind a paywall anyway.
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0 sats \ 0 replies \ @siggy47 29 Jul 2023
Agree 100%. The OP already earned more sats in pure profit today than would be earned by an amateur LN in a month.
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100 sats \ 1 reply \ @cstack 29 Jul 2023
You lose all credibility because your paywall doesn't accept lighting payments!
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0 sats \ 0 replies \ @Athena_Alpha 31 Jul 2023
We do accept Lightning!
Subscribe To Athena Alpha Pro With Bitcoin / Lightning
We use Substack for the Pro paywalled articles. Only about 20% of our content is paywalled and we unlock Pro content monthly as our main goal is to create accurate and top tier quality Bitcoin Education for all. We also try and ensure all Beginner pieces are free and once a piece is free it always will be.
Substack do (apparently) accept Bitcoin... but they don't let you enable it unless you're "big enough" (or some such thing). So instead we have built our own way 🙂
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0 sats \ 0 replies \ @Athena_Alpha 31 Jul 2023
Thanks for the shout out 🙂
Just so everyone is aware, this is one of our Athena Alpha Pro pieces. The full piece is around 3,000 words and is meant to be part introductory to Lightning Node Running and part analysis on what a reasonable user can expect to earn.
To access it you can sign up to our Pro Substack. If you'd like to pay in Bitcoin we also support that too. All funds go towards building the site and creating more Bitcoin only content like this
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0 sats \ 1 reply \ @asdasd123sadasd2 29 Jul 2023
are all the zaps subscribers to the linked site? b/c if not it seems that the relevant part is paywalled.
Also how -what it seems to be- a bitcoin focused site doesn't accept it for subscription payments?
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0 sats \ 0 replies \ @Athena_Alpha 31 Jul 2023
We do accept Lightning!
Subscribe To Athena Alpha Pro With Bitcoin / Lightning
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