AFRICAš's Posts
Posted 7 months ago
Itās been a long ride running the Africa node for so long. Unfortunately, the node is no longer active.
I had to devote a lot of time to it, and I was hoping not to lose money. As everyone says, running a Lightning Network node is not profitable at all. Unfortunately, thatās true. You can barely cover the fees while facing significant risk with the funds required to run it. I hope I contributed somehow during these two years!
During the last bull run to $100,000, I decided to sell my Bitcoin, and the Africa node was shut down. My tax agency is the only happy party here, as they will collect a lot from the Bitcoin sales. As for me, Iāve moved on to other things. The Lightning Network is in good hands.
Best,
A.
I had to devote a lot of time to it, and I was hoping not to lose money. As everyone says, running a Lightning Network node is not profitable at all. Unfortunately, thatās true. You can barely cover the fees while facing significant risk with the funds required to run it. I hope I contributed somehow during these two years!
During the last bull run to $100,000, I decided to sell my Bitcoin, and the Africa node was shut down. My tax agency is the only happy party here, as they will collect a lot from the Bitcoin sales. As for me, Iāve moved on to other things. The Lightning Network is in good hands.
Best,
A.
Posted over 2 years ago
Many new nodes that open a channel to Africa complain that I set very high fees to their nodes. This is true, I make this automatically since I don't want HTLC errors on my ability to route from my node to your node. But, the moment the liquidity flows to my node, the fees will automatically change and probably, unless you are a liquidity sink, my fees to you will be zero. So please don't ask me to change my fees to you if 100% of liquidity is on your side, this is intentional and working as intended.
Best,
A.
Best,
A.
