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LNBϟG
boss@lnbig.com
npub1ngum...e3pv
Official LNBϟG account in Nostr ;-) I like zaptoshis! :) E-mail: hello@lnbig.com SimpleX: https://simplex.chat/contact#/?v=2-6&smp=smp%3A%2F%2Fhejn2gVIqNU6xjtGM3OwQeuk8ZEbDXVJXAlnSBJBWUA%3D%40smp16.simplex.im%2FNnGdg9PBPg0uaTinG_11zZ7j5jX2QwXL%23%2F%3Fv%3D1-3%26dh%3DMCowBQYDK2VuAyEA0F3-LRe490bk_FV00E6Y2rySPuW_jE0R6FgyPK1dDUo%253D%26srv%3Dp3ktngodzi6qrf7w64mmde3syuzrv57y55hxabqcq3l5p6oi7yzze6qd.onion
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LNBϟG 8 months ago
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.
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LNBϟG 8 months ago
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
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LNBϟG 8 months ago
The last 24 hours of #LNBiG (fee rate 700ppm + 1 sat base fee): Amount transactions: 3481 The sum of transfered BTC: 14.46587534 Percentile 0%: 1 sats Percentile 25%: 10575 sats Percentile 50%: 41896 sats Percentile 75%: 223953 sats Percentile 95%: 1361523 sats Last 24 hours fee earning: 799958 sat (0.00799958 BTC) #LightningNetwork
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LNBϟG 9 months ago
The last 24 hours of #LNBiG (2025-03-16): Amount transactions: 25811 The sum of transfered BTC: 35.06102923 Percentile 0%: 1 sats Percentile 25%: 592 sats Percentile 50%: 10000 sats Percentile 75%: 86062 sats Percentile 95%: 564560 sats Last 24 hours fee earning: 20886 sat (0.00020886 BTC) #LightningNetwork #Stats
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LNBϟG 9 months ago
The last 24 hours of #LNBiG (2025-03-14): Amount transactions: 25390 The sum of transfered BTC: 25.54321901 Percentile 0%: 1 sats Percentile 25%: 245 sats Percentile 50%: 3175 sats Percentile 75%: 52924 sats Percentile 95%: 510422 sats Last 24 hours fee earning: 17241 sat (0.00017241 #BTC) #LightningNetwork #LN
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LNBϟG 9 months ago
The last 24 hours of #LNBiG #Stats: Amount transactions: 31291 The sum of transfered BTC: 16.04263519 Percentile 0%: 1 sats Percentile 25%: 56 sats Percentile 50%: 848 sats Percentile 75%: 12320 sats Percentile 95%: 173687 sats Last 24 hours fee earning: 9582 sat (0.00009582 BTC) #LightningNetwork
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LNBϟG 9 months ago
I have a feeling that the node "c=" is experiencing some issues. The thing is, I've noticed that its capacity has decreased over the past few days. You can verify this yourself using the viewer at amboss.space. Another indirect sign of problems is that when I tried to cooperatively close channels with it a few minutes ago—channels that haven't been used for payments in 14 days—several channels were unable to be closed cooperatively, even though the node is online. This usually happens when a node has lost data about the channels. The node itself is online, but when a remote peer connects to it and requests, for example, to cooperatively close a channel that was with it, the node doesn't respond because it no longer has data about the channel. With this node, I have the feeling that this exact problem is occurring. It would be interesting to know from the owners of this node whether they are indeed experiencing any problems currently, whether they've had a failure or not. I think they have. #LightningNetwork
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LNBϟG 9 months ago
Hello everyone! I decided to try out a new optimization algorithm that came to my mind recently. It works as follows: channels that haven't been used to send payments in the last 14 days are considered suboptimal for maintaining liquidity, and I close such channels. Also, to avoid closing channels that were opened less than 30 days ago, because I take on the commitment to keep a channel open for at least 30 days, I exclude those channels from this closing condition. Previously, I thought a channel was well utilized when the amount sent and received exceeded the channel's capacity, meaning that payments at least once fully utilized the entire channel. But now I realized that's not entirely correct, because there could be channels that were used well and actively several months ago, but for example, no payments have been made in the last two weeks. Does it make sense to keep such channels? I think not. Today's closing algorithm, it seems to me, won't lead to a decrease in the number of passing payments because it will close channels that haven't used a single payment through the #LNBiG network in the last two weeks. What's most interesting is that there are actually a lot of such channels. It's approximately one sixth of the total capacity I'm using on my side in open channels at the moment. Yes, and I almost forgot, I decided to execute the channel closures right now because the Bitcoin transaction fee is currently at its minimal level, and channels can be closed with a fee of 1 vbyte/sat #LightningNetwork #Lightning #LN
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LNBϟG 10 months ago
Hi everyone! The node called Hub-1 has changed the server and IP address accordingly. A scheduled migration to another server, to different hardware, was carried out. Current information about IP addresses can be found in the Lightning Network Explorer amboss.space at this link: #LNBiG #LightningNetwork
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LNBϟG 10 months ago
Hello everyone! I wanted to let you know that from around mid-November to about today, which is two and a half months, I kept all my channels with zero outgoing commission (completely zero), meaning the base fee was zero and the fee rate was zero. I did this out of curiosity to see the maximum number of payments and the maximum amount of bitcoins that would pass through. After this period, I can roughly say that under these conditions I had a maximum of 30 bitcoins per day, averaging around 20 bitcoins per day, with the number of transactions at about 20,000 per day. Today I've decided to end this experiment because I don't see much point in continuing it, as it probably negatively affects other participants in the #Lightning network due to it being sheer dumping. Therefore, from today, I raised the fees, but not by much; I set the fee rate to 10 ppm and the base fee to 10 millisatoshis. It will be interesting for me to see how many payments will now go through and what the daily transaction volume will be... #LNBiG #LightningNetwork #Stats
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LNBϟG 11 months ago
The nodes Edge-1 and Edge-2 have changed their IP addresses! If you are experiencing connection issues and your node shows these nodes as offline, you simply need to update their new URIs and connect to them at least once. You can find their URIs, for example, on amboss.space, and perform a standard connect from your node. URIs of these nodes are: Edge-1: 0390b5d4492dc2f5318e5233ab2cebf6d48914881a33ef6a9c6bcdbb433ad986d0@213.174.156.68:9735 0390b5d4492dc2f5318e5233ab2cebf6d48914881a33ef6a9c6bcdbb433ad986d0@[2a02:b48:207:2:9735:9735:1:1]:9735 0390b5d4492dc2f5318e5233ab2cebf6d48914881a33ef6a9c6bcdbb433ad986d0@fpwyshhs72oiizwkvkkozplldd7lyk2hqtiyikv27csqv7f4j6hvimid.onion:9735 Edge-2: 03bc9337c7a28bb784d67742ebedd30a93bacdf7e4ca16436ef3798000242b2251@213.174.156.67:9735 03bc9337c7a28bb784d67742ebedd30a93bacdf7e4ca16436ef3798000242b2251@[2a02:b48:207:2:9735:9735:1:2]:9735 03bc9337c7a28bb784d67742ebedd30a93bacdf7e4ca16436ef3798000242b2251@mw2d3bedftuixrqgl4qsstqzz55k5g6ionuo2arab7bqyc2mxoihwsad.onion:9735 #LNBiG #Lightning #LightningNetwork
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LNBϟG 0 years ago
The last 24 hours of LNBϟG (2024-12-29): Amount transactions: 19752 The sum of transfered BTC: 33.09220242 Percentile 0%: 1 sats Percentile 25%: 2500 sats Percentile 50%: 28895 sats Percentile 75%: 130341 sats Percentile 95%: 585104 sats Last 24 hours fee earning: 20 sat (#zerofee) #Stats #LightningNetwork #LNBiG
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LNBϟG 0 years ago
The last 24 hours of LNBϟG (2024-12-25): Amount transactions: 23485 The sum of transfered BTC: 33.33525688 Percentile 0%: 1 sats Percentile 25%: 1507 sats Percentile 50%: 20000 sats Percentile 75%: 101260 sats Percentile 95%: 512900 sats Last 24 hours fee earning: 0 sat (because #zerofee) #LightningNetwork #Stats #LNBiG
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LNBϟG 1 year ago
The last 24 hours of #LNBiG (2024-12-22): Amount transactions: 24653 The sum of transfered BTC: 25.09640573 Percentile 0%: 1 sats Percentile 25%: 625 sats Percentile 50%: 2025 sats Percentile 75%: 64168 sats Percentile 95%: 500275 sats Last 24 hours fee earning: 38 sat (because #zerefees) #LightningNetwork #Stats
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LNBϟG 1 year ago
The last 24 hours of LNBϟG (2024-12-20): Amount transactions: 19497 The sum of transfered BTC: 23.81715511 Percentile 0%: 1 sats Percentile 25%: 625 sats Percentile 50%: 2500 sats Percentile 75%: 80000 sats Percentile 95%: 579594 sats Last 24 hours fee earning: 1 sat #LNBiG #Stats #LightningNetwork
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LNBϟG 1 year ago
The last 24 hours of LNBϟG (2024-12-18): Amount transactions: 20946 The sum of transfered BTC: 20.27933917 Percentile 0%: 1 sats Percentile 25%: 625 sats Percentile 50%: 1250 sats Percentile 75%: 46546 sats Percentile 95%: 547601 sats Last 24 hours fee earning: 2 sat (because #zerofees for all channels) #Stats #LightningNetwork #LNBiG