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10 sats \ 4 replies \ @ek 24 Sep 2024 \ parent \ on: How to Connect your LN node to SEND/RECEIVE sats to/from SN via NWC with AlbyHub lightning
You don't pay for "creating a node", you pay to open channels since it's a bitcoin transaction. The channel can be as big or low as you want, but it will determine how much you can spend and receive. Anything between 100k-1m channel should probably be fine. You can also use that channel to pay for other things.
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31 sats \ 3 replies \ @Coinsreporter 24 Sep 2024
If I open a 1m channel, how much can be the fees?
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20 sats \ 2 replies \ @ek 24 Sep 2024
Onchain fees don't depend on the amount of sats but amount of bytes. Currently, onchain fees are low with 2 sats/vB:
vB means virtual bytes (a special unit for bitcoin transactions) and they calculate with an average transaction size of 140 vB. So you'd pay currently around 280 sats which is about $0.18 to open a channel.
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93 sats \ 1 reply \ @Coinsreporter 24 Sep 2024
Thank you so much! 🙏 I'll most probably run my own node. It's not that difficult as I thought it to be. 😊
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0 sats \ 0 replies \ @TresDMan 3 Jan
I'm not sure how much things have changed since this post, but opening your own channel through Alby Hub is currently charging around 20,000 sats for 1m in liquidity. Seems high, but I don't have a clear reference for these things just yet.
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