Those running lightning nodes are earning a little extra bitcoin. Trumpeted as a way to scale bitcoin to handle mainstream adoption, there’s a lesser-known perk to spinning up a lightning node to allow users to send cheap, instant payments – you can make money. To be clear, we’re not talking very much. Today’s average fee on the lightning network clocks in at about one satoshi, worth a fraction of a cent, per hop (so every time a node routes the transaction to another node). As such, one of lightning’s prominent application developers, Alex Bosworth, reported a monthly income of roughly $2. Though the profits are pretty meager now, they could be a sign of how the network will develop over time. The lightning network is what the name implies: a network. In order to send a payment to someone, the payment will typically bounce across several different nodes before
Like this article? Take a second to support us on Patreon!