Post
Topic
Board Bitcoin Discussion
Re: Is it worth hosting a lightning node?
by
PrimeNumber7
on 27/06/2020, 19:50:26 UTC
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There are currently 25 nodes owned by LNbig.com. They provide about 52,19% (497,2647581 BTC out of 952,86 BTC) of the whole network's liquidity. I can't find any data on their recent earnings, but their Twitter account shares the amount of transactions and BTC passed through their nodes in the last 24 hours from time to time. You can clearly see the surge of the transactions in the last few months. Starting from 100-800 transactions in March and going to over 4000 in May. That is a huge change.

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The 3rd March seems to have been the most profitable day. 161 routed transactions worth 2.24602985 BTC paid in total 219484 sat (0.00219484 BTC) in fees. At the current price of Bitcoin ($9300), it is about $20! Still, don't forget about the amount of coins locked up in all the nodes and the cost of opening transaction all channels.

The 24th January is even more impressive to me. 186 routed transactions worth 0.60161437 BTC paid in total 172378 sat (0.00172378 BTC) in fees. It is about $16 now.

Alex Bosworth shared that his node charged 0.25% per transaction and routed about $10,000/month which translates to earnings of about $25/month. He didn't say which node he was referring to, but since he is the CEO of yalls.org, we can assume that it was this one. That is actually interesting because of the significantly smaller capital. 

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If you have 497 btc, you can earn about 0.054 btc (~$490) per day on celsius lending your coin, and I would assume somewhat similar amounts on other lending sites.

It does not look like there is currently enough volume to make a lot running a LN node. The benefit to doing so now is to learn how to run a LN node, and work out the kinks if you want to run a node when volume is higher in the future.