What do you think... is it worth it running a lightning node? Let me know!
@chopsuey692 жыл бұрын
Absolutely. If not for the money right now, it will be in the future for sure. But it's worth it for the knowledge as well ; everything you learn from it setting it up ; the supporting of the network and to make Bitcoin accessible for everyone. Revolution incoming.
@cocoardo43942 жыл бұрын
100%. The LN is getting bigger by a lot. Beeing an important Node will pay out for sure. Right now I dont ask nearly any fees. And only the support for the network is payment enougth.
@MrOutdoorsWoodsyKindaGuy2 жыл бұрын
Right now for the reason of pure altruism only lol. With your help I'm hoping to change that because from what I understand right now, a profitable node actually will route a lot more traffic. Technically indefinitely, and that in my opinion is much better for the network as a whole.
@juggernautz2 жыл бұрын
Never ran a node but I'm willing to learn to determine if i can push the envelope with higher pricing and run more transactions. Perhaps a lesser known coin needing more operators is a way into this niche market like ZEN on the Horizen Network. Not sure if ZEN is the same but I own almost enough coin to Node but not e involved in transactions but I'm still learning what is expected of operators and how to grow the biz. Part of my reasoning is to compete but it also depends on how much time is involved and if my assets are suitable and I can allocate resources. I also need to better understand why some are earning so low with btc so high and are more people needed or is the node market saturated.
@torquewrench19692 жыл бұрын
While it may not be immediately profitable, I can see where it could be beneficial in the long run. As a hobby miner, I always have a bit of liquidity ($45/week) which I could easily tie up in a lightning node
@DavidLouthan2 жыл бұрын
"Put into Celcius " you might want to delete that statement now
@adambutler26462 жыл бұрын
9:30 oof ... Celsius, yeah no, you do not make money with them...
@kirkD9349 Жыл бұрын
You are a philanthropist, Mr. Levi, thanks! I want to run a node, so I'm watching your videos to know what hardware to buy. Thank you!
@j4nv2 жыл бұрын
I really like your content, but running a KZbin channel about Lightning is probably more profitable than running a node itself for the foreseeable future. Just saying.
@Bitcoinftm2 жыл бұрын
Hahaha! probably, unless you have a really big node.
@GlesgaBhoy79 Жыл бұрын
@@Bitcoinftm that's what she said
@justingrech77762 жыл бұрын
Your videos inspired me to get an Umbrel node spun up on a Raspberry Pi. Thank you for your hard work in getting this great content put together and posted for free for us plebs!
@dcdirector2 жыл бұрын
how is it going?
@airikleon33122 жыл бұрын
The Celsius & BlockFi comment didn't age that well.
@Bitcoinftm2 жыл бұрын
Iknowright?
@TheSidePocketKid2 жыл бұрын
Eesh Celsius shoutout didn't age well but thanks for this!
@Bitcoinftm2 жыл бұрын
True, True.
@ricky8alta2 жыл бұрын
I’m running a Bitcoin LN, regardless of earnings connecting with channels. I’m a true Bitcoiner. Viva La Bitcoin!
@Bitcoinftm2 жыл бұрын
Boom!
@kamalyazid42912 жыл бұрын
How much did you get for last month?
@Bitcoinhodlgang Жыл бұрын
So, I think I was asking the wrong question - the question should be how much does it cost to run a lightening node? Also, is $1000 in BTC enough to get started with (as I may want to have multiple nodes in the future)?
@serpzero2 жыл бұрын
This is amazing content. I learn so much from each video. Thank you for your time and generosity, Jonathan!!
@Bitcoinftm2 жыл бұрын
Happy to help. Keep watching sharing and liking!
@worlddaves Жыл бұрын
Thank you, your content is great! I would recommend you amend your video as you're recommending people deposit BTC into Celsius & BlockFi.
@carolyn9547 Жыл бұрын
Just learning how to run a node... today's awesome topic to learn.
@Tonyous Жыл бұрын
Always fun to stumble onto old videos like this with super useful info AND outdated info "...you could earn lot more putting it into Celsius or Block-Fi." Wait til this old Jonathan hears what happens to Sam Bankman Fried! LOL
@paralellosll38495 ай бұрын
But the lightning network fees don't replace the bitcoin network fees; do they? I assume you still have to pay the miners to push that transaction into the next block. If you can do this and get around the miners fees we should be able to create fee-less system. There could be node wallets, which are wallets held (directly associated with) an active full node. Node wallet to node wallet transactions are fee free while simple wallets still attract network fees. This would incentivise everyone to run their own full node, thus further decentralising and securing the network. Then we'd have fast, free, and secure transactions.
@heynicetomeetyou2 жыл бұрын
Great content. You definitely deserve more views. Subscribed
@Bitcoinftm2 жыл бұрын
Thanks for the sub!
@cocoardo43942 жыл бұрын
Love your videos! Keep going.
@Bitcoinftm2 жыл бұрын
Thank you!
@wahrheitoffeneaugen61348 ай бұрын
2024 Celsius...i hope you all learn about that
@AlexScorpionVn2 жыл бұрын
I want to run LN node and some day when 300$ is not a % from my portfolio, i will do. Also once i have it, i want to think about developing ln apps.
@R-A-W Жыл бұрын
Ouch to mention blockfi of only he knew what would of happened. I know this video is a year old.
@AandN_diy2 жыл бұрын
super! I wait the next sence!
@Salty_Crayon2 жыл бұрын
love these videos, incredibly helpful!
@Bitcoinftm2 жыл бұрын
So glad! Please make sure to share!
@dovellbonnett2658Ай бұрын
Newbie to learn more about blockchain, BTC, and other cryptocurrencies. I am beginning with a Start9 rig and OS. Any thoughts about this and setting it up for lighting?
@wplaat2 жыл бұрын
really good information. i run one, Just to learn more about it. Thanks!
@Bitcoinftm2 жыл бұрын
Great to hear!
@bithelm2 жыл бұрын
Great video. Thanks for all the valuable insights. Started running a node using BTC pay server.
@lm15849 ай бұрын
can I ask, after a year, how its gone for you?
@nukem1702 жыл бұрын
Thanks for the honesty
@WiteBot2 жыл бұрын
Really greatly done video!!
@Bitcoinftm2 жыл бұрын
Glad you liked it!
@JohnLambrechts2 жыл бұрын
Great video Jonathan
@Bitcoinftm2 жыл бұрын
Thanks man! Please make sure to share it around, it really helps! And make sure you're subbed.
@Donaarr2 жыл бұрын
Running a Lightning node is like playing a RTS game.
@Bitcoinftm2 жыл бұрын
Haha!
@zacharyminer35792 жыл бұрын
Appreciate the free content, but let me just be the first to say your intro music is WAY TOO LOUD. Would benefit your branding to turn that down a little bit man. xD
@coonea1 Жыл бұрын
I didn't want to be the one to say it. Thanks.
@gadlevy31932 жыл бұрын
What happens to the fees when there are multiple hops? Will the user pay (as an example) 250 ppm * 6 if there are 6 hops each one charging 250 ppm? This becomes expensive and losses the whole point of the LN isn't it?
@josephl41762 жыл бұрын
its 6 different fees from 6 different nodes. so if one has 250ppm fee then the rest will be added to that initial 250ppm.
@globe2grove2 жыл бұрын
Excellent video.!!!! Wow
@Bitcoinftm2 жыл бұрын
Thank you! Cheers!
@brunopita4502 жыл бұрын
thanks a lot !!!!
@Bitcoinftm2 жыл бұрын
You're welcome!
@glbjr309 Жыл бұрын
Lol I properly managed my node this morning
@flix3o32 жыл бұрын
09:28 Did not age very well
@Bitcoinftm2 жыл бұрын
True, true! Good thing I've been in favor of running a node to earn bitcoin on your bitcoin from the very beginning.
@benfranklinskite59752 жыл бұрын
Q: Why do I run a lightning node? A: Have you ever tried to stuff a banker into a flux capacitor?
@juggernautz2 жыл бұрын
We need a drum tap emoji for that good humor!!
@justincross12472 жыл бұрын
another good video that helped me understand
@Bitcoinftm2 жыл бұрын
Glad to hear it!
@EricJones-s9u4 ай бұрын
The Celsius and BlockFi recommendation didn’t age well 😂 if you did that your money is gone.
@TastyPlacementSEO2 жыл бұрын
PUT IT IN CELSIUS????!!!!
@Bitcoinftm2 жыл бұрын
Yeah this didn’t age well but I of course always tried to encourage folks to SELF CUSTODY INSTEAD
@ororosso96152 жыл бұрын
Hey do not forget that LTC also support LN, ant it's here to help BTC
@Bitcoinftm2 жыл бұрын
Litecoin? Ugh.... No.
@ororosso96152 жыл бұрын
@@Bitcoinftm 😂 ok ok got it
@BoyvdReijen2 жыл бұрын
First!
@Bitcoinftm2 жыл бұрын
Thanks for the comment!
@hthring2 жыл бұрын
Nice video, sub.
@fooferbob92302 жыл бұрын
Bosworth also had to fund the channels that earned him that 30k. An impossibility for me so his comment does not mean much.
@Bitcoinftm2 жыл бұрын
Yeah most of us will never have as much Bitcoin as Alex, but you could still get started with a smaller amount. Though to run a serious node does require 1-2btc in my opinion
@carolyn9547 Жыл бұрын
I'm looking for instructions to run the lightening node on a MAC with M1 chip. Anyone?
@milanljepoja4499 Жыл бұрын
Now you can remove Link with Celsius ☺.
@solidsnake0135792 жыл бұрын
celcius or blockfi lol
@ChipNov19982 жыл бұрын
What if I am not worried about making money, but don't want to lose money either?
@Bitcoinftm2 жыл бұрын
If you don’t want to lose money, you should keep your savings in Bitcoin :)
@shammuk02 Жыл бұрын
Haha He said Celsius which turned out to be a scam
@sundayhonor5482 жыл бұрын
Thank you for the great info! Please can you do a video about bitcoin core ( full node)? I would so much appreciate it, thanks!
@Bitcoinftm2 жыл бұрын
What exactly do you want to know?
@osdias2 жыл бұрын
Ppm is such an untuitive unit. Why not just use percentages?!
@Bitcoinftm2 жыл бұрын
Because you’d be talking about 0.0001% in the case of lightning, which is annoying and harder to say than 100ppm
@ThePhilman39062 жыл бұрын
Okay, so I've watched this and realised you make sweet fuck-all by running a Bitcoin Node. More chance of getting stuck by lightning than profiting from Lightning!!!
@Bitcoinftm2 жыл бұрын
Depends what you consider fuck-all. Some of us earn $10/mo, which isn't nothing... But yeah, it's not a ton.
@urayys2 жыл бұрын
is there any advantage to run a desktop v. raspberry pi?
@Bitcoinftm2 жыл бұрын
I guess if you get really really big and need more processing power, yeah. Also, having a laptop with a battery as a UPS would be good. But otherwise, no.
@DJPolarizer2 ай бұрын
Wtf , 6 dollars dont cover shit , why would any one do this crap
@Nizz8daGrizz82 жыл бұрын
Buddy would make way more staking 700 btc than running a node wallet
@Bitcoinftm2 жыл бұрын
Staking... as in, losing it to Alex Mashinsky's gambling problem? ;)
@DJPolarizer2 ай бұрын
By 6 dollars every month you will be better off than doing this crap
@AndrewNichols Жыл бұрын
Might earn more from "celius or block fi". that aged well.
@LeoMKyll2 жыл бұрын
Celsius and BlockFi kkkkkkkkkkkkkkkkkkk are great joke right now
@Bitcoinftm2 жыл бұрын
Truth
@karenlalayan37002 жыл бұрын
3 minutes content in 15 minutes. 👎
@BTC-20242 жыл бұрын
Well, your name checks out. Didn't know they came in the male variety.