Does anyone have a list or link to routing fees earned by node operators? \ stacker news ~bitcoin

Does anyone have a list or link to routing fees earned by node operators?

467 sats \ 3000 boost \ 14 comments \ @andyleroy 7 Jul 2022 bitcoin

I'm curious about lightning node profitability, yield, and other stats. I've seen some stats/screenshots floating around on twitter, here, and elsewhere.

Does anyone have some sort of list, links, benchmarks for fees earned by node operators?

Something like this dashboard, but also with fees earned? (h/t @kr) #40080 https://lqwdfintech.com/lightning-netowrk-stats/

Or other dashboards, screenshot, link collections?

view all related items

122 sats \ 0 replies \ @andyleroy OP 7 Jul 2022

Another great example is from Steven Ellis, who posts some great newsletter updates (and a new charting platform):

https://twitter.com/cold_sats/status/1532390991944044544?s=20&t=nF937XssT17QMardg-NVhA

(h/t @moon): #42190

123 sats \ 0 replies \ @kr 7 Jul 2022

I think LQWD’s dashboard is the most detailed dashboard a company has published, but there are a few other good places to find less frequent updates.

LNMarkets is approaching 500 BTC routed through their node.

Steven Ellis shares monthly routing node updates and keeps getting more and more profitable with each passing month. Steven shares a detailed breakdown of revenues and costs which is really cool.

31 sats \ 5 replies \ @BlokchainB 7 Jul 2022

Fwiw I earned way more sats on SN than I ever did routing.

150 sats \ 4 replies \ @jimblogic 7 Jul 2022 freebie

Yeah, unless you use hundreds of bitcoin to open hundreds of well connected channels and get a balanced inbound and outbound liquidity... you aren't going to make much on sats routing. Also need to use software to automate the rebalancing and fees adjustments.

I see it more as a hobby/ enthusiast thing to do and monitor in a nearly altruistic way.

I have spent more sats on fees because of channels opening and closing than sats earnt.

21 sats \ 2 replies \ @BlokchainB 7 Jul 2022

I am in this same position. I run nodes because it’s my new found hobby. Fascinated by this tech!!

1 sat \ 1 reply \ @andyleroy OP 7 Jul 2022

I'm very curious in all of this too - it seems that there would be more 'money' or yield to be made this early in the game though for putting up capital and doing all of the hardwork, experimentation, and offsetting risk to run a successful routing node?

1 sat \ 0 replies \ @andyleroy OP 7 Jul 2022

Or conversely put, is there enough incentive to keep the network decentralized, encourage new nodes/routers? Or is this even necessary?

The tech here is incredible and it's so interesting to see how everything works.

I'm thinking to make a "serious" (I don't have hundreds of bitcoin lol) go at trying routing for a while just to get a first hand experience and learning with all of this.

1 sat \ 0 replies \ @andyleroy OP 7 Jul 2022

Thanks for sharing all of this

30 sats \ 1 reply \ @1sats 9 Jul 2022 freebie

My node is online for just three weeks. So far, my node is doing great and is able to recoup the operational cost.

Public Capacity: 1,188,256,886 7-Day Routed: 1,396 Value: 322,281,570 Fees Earned: 140,838 Fee PPM: 437

0 sats \ 0 replies \ @andyleroy OP 9 Jul 2022

This is very helpful - thanks for sharing

10 sats \ 2 replies \ @south_korea_ln 8 Jul 2022

My now-defunct node was earning about 30 to 40k net sats in routing fees before I had to shut it down.

At the same time, you have no way of verifying these and any other one's claims on earnings. As it's supposed to be.

1 sat \ 1 reply \ @jimblogic 8 Jul 2022

How long did it take until it malfunctioned and what kind of hatdware did you use?

My raspberry pi is at an average of 70° Celsius with passive cooling. I feel it's getting older and warmer every day ☹

5 sats \ 0 replies \ @south_korea_ln 13 Jul 2022

It didn't really malfunction. Although having nearly 200 channels might not have been the most reasonable choice for a rPi.

The reason I had to retire it is because of a corrupted channel.db partially linked to the recent botched Umbrel 0.5 update. The only way to recover my funds was to SCB force close all my channels.

0 sats \ 0 replies \ @andyleroy OP 8 Jul 2022

Another example I just saw posted: https://twitter.com/LNcyberhub/status/1545188266344849411/photo/1