10 weeks ago, I joined the Lightning Network barely knowing how to open a channel. Last week I became a profitable Lightning Network routing node.  Ru

Four Tips For Running A Profitable Lightning Network Node

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2021-09-24 10:30:08

10 weeks ago, I joined the Lightning Network barely knowing how to open a channel. Last week I became a profitable Lightning Network routing node.

Running a node is more of an art because each individual channel needs its own unique care and attention. It’s kind of like having a tamagotchi that needs to constantly be taken care of.

Between analyzing traffic flow, fees, which channels to open and close, and rebalancing, you really have to take the time to see how traffic moves and what it costs to move. You have to dig in at the individual route then look at a more macro view over time to set your fees and know where to put your sats. This is where the human touch comes in.

Sure you can program a script to automate fees for you, and there are some great ones out there, but I don’t think we’re at the point where it can analyze traffic patterns, overall flow, most strategic rebalancing routes, and the best channels to open to to minimize costs and maximize profits.

Most people say channel size (girth) is everything. The bigger, the better. This is true to an extent. Really channels under 2 million sats don’t see any flow, but I have 2 million sat channels that route more traffic than my 20 million sat channels.

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