How to make money running a #lightning node?
1 - setup and fund your own #bitcoin full node (this is so much fun in itself - but don’t get too excited when you at about 75% done in terms of blocks - the last epoch takes forever)
2 - open a few channels and link a few wallets (all good so far)
3 - watch it religiously for about 1 week
4 - lose interest and after restarting about 3-4 times (just turn it off)
5 - 1 years latter rip out the hard drive, format it to do an emergency backup
6 - 6 months latter, remember you had some #btc on the node
7 - find a way to access the funds (this is ridiculously fun in that you spend 2 days setting up another node and then try all sorts off wallets and software to try and access the old wallet and config
8 - success, you locate your funds, send to a HW and it’s worth 4x the dollars (for the purists- okay I’ll acknowledge you lost a few sats on forced closes, but at the end of the day you still have bulk of your BTC)
9 - lesson learned - stay humble, stack sats
Bobo / Bobo ⚡️
npub12x…zp5f6
2024-05-07 19:49:06
Author Public Key
npub12xw33kl50h0qdwvcvmrcx0rm986h9h9jpv0rse0fne8eqyqz5pdqpzp5f6Published at
2024-05-07 19:49:06Event JSON
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"content": "How to make money running a #lightning node? \n\n1 - setup and fund your own #bitcoin full node (this is so much fun in itself - but don’t get too excited when you at about 75% done in terms of blocks - the last epoch takes forever)\n2 - open a few channels and link a few wallets (all good so far)\n3 - watch it religiously for about 1 week\n4 - lose interest and after restarting about 3-4 times (just turn it off)\n5 - 1 years latter rip out the hard drive, format it to do an emergency backup\n6 - 6 months latter, remember you had some #btc on the node\n7 - find a way to access the funds (this is ridiculously fun in that you spend 2 days setting up another node and then try all sorts off wallets and software to try and access the old wallet and config\n8 - success, you locate your funds, send to a HW and it’s worth 4x the dollars (for the purists- okay I’ll acknowledge you lost a few sats on forced closes, but at the end of the day you still have bulk of your BTC)\n9 - lesson learned - stay humble, stack sats",
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}