I want to support the network. Mining, or Lightning node?
120 sats \ 3 comments \ @rybka 16 Jun bitcoin
Hey stackers, ever since I got into Bitcoin I wanted to support the network beyond being a user. I've been looking into mining and running a Lightning node, and I am curious to as which is less maintenance. I don't care about turning a profit, I just want to play my part in decentralization. From what I gather it's pretty easy to lose a lot of money on running a node and it can be a pita.
What are your experiences? And is the ultimate answer I should just do both?
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150 sats \ 0 replies \ @nullcount 16 Jun freebie
The first step is to be humble and recognize that your node/miner isn't helping anyone but yourself.
Run a full node for better privacy when you lookup your txns, and to enforce the rules of BTC on your own UTXOs.
Run a miner if you have cheap electricity and/or you value the ability to stack sats with noKYC passively and/or you can use the waste heat generated for other productive uses.
Run an LN node if you want to engineer your own liquidity to transact cheaply on LN.
The Network doesn't need your support. It works because people do things that make it decentralized for selfish reasons. If you aren't benefiting directly from joining the network, then its ok to "just be a user".
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60 sats \ 0 replies \ @DarthCoin 16 Jun
Read more first:
In other words, supporting the network is also:
  • test all kind of wallet apps and solutions for merchants
  • learn every aspect of Bitcoin and help others to use it, especially merchants
  • help apps developers to find bugs, errors, improve the apps, test them and report back to devs, do translations, documentation
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80 sats \ 0 replies \ @zklsbn 16 Jun freebie
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