I want to share some insights that came to my mind. For example, if you have a channel with a certain node and you have an outgoing fee on your side, say, 200 ppm, and the remote node has a higher fee on you than your value, for example, 500 ppm, then it can be said with certainty that it's unprofitable for you to rebalance other channels through this one (to let liquidity flow into this channel). So if you want to rebalance any of your other channels so that sats flow from such channels into this channel, it will never be profitable for you because you'll pay at least the same fee as that set on the remote side of this channel for rebalancing. In our example, this is 500 ppm. Therefore, when sats flow into this channel of yours and it's time to use them, and you send them to that side via forwarding payments, this channel will only bring you profit determined by the fee on your side, which in our example is 200 ppm. So you will always lose.

Hello everyone! I want to share my opinion on how much a node or multiple nodes in the #Bitcoin #LightningNetwork can earn for their owners, using the example of my own nodes. I will provide the figures as an annual percentage. Currently, over approximately five days, the entire network of my nodes earns about 500,000 satoshis per day on average. This is an average parameter. 500,000 satoshis is 0.005 bitcoins. The liquidity on my side across all nodes is roughly around 300 bitcoins. So, let's simply calculate the annual percentage. You can roughly calculate it like this: 0.005 bitcoin multiplied by 365 days divided by 300 bitcoins. Multiply by 100%, and it comes out to about 0.6% profit from fees, which are currently at 700 ppm + 1 sat base fee. This formula does not take into account the costs for opening channels, which include on-chain fees for Bitcoin channel opening transactions, nor does it include various expenses related to channel closures, whether automatic or forced, cooperative or forced. We are just taking the net figure as if the same channels were open all year without any expenses. You should also consider the risks associated with annual node maintenance. These include hosting costs, creating backups, labor efforts, and the risks of node hacking, which could theoretically be hacked and have all funds stolen. Is this a profitable venture? You decide for yourselves. I just wanted to share some useful information with you. Goodbye! #Stats #LNBiG #profit #fees