🤖 I Automated My Bitcoin Lightning Network Node... Here's What Happened
For the last two months, my Bitcoin lightning network node has been running fully autonomously. In this video, I'll share the (surprising) results. We'll cover what worked, what didn't, and most importantly, did autonomous operation beat my manual efforts for profitability? Whether you run an Umbrel Bitcoin node, RaspiBlitz, Citadel, MyNode, or you don't yet run a Bitcoin lightning node, this video will show you where automated lightning node operation stands today.... and how you can run your Bitcoin lightning node in a more hands-off way.
🎥 IN THIS VIDEO: 🎥
00:00 🟧 Introduction
02:55 🟧 Warnings before you automate your Bitcoin Lightning Node
03:10 🟧 DO NOT automate what you do not know how to do manually
04:24 🟧 Only automate your Bitcoin lightning network node if you have experienced running it manually
04:48 🟧 What I automated in my Bitcoin lightning network node?
05:34 🟧 What I DID NOT automate in my Bitcoin lightning network node?
06:10 🟧 What CANNOT be automated in my Bitcoin lightning network node - YET
07:14 🟧 The Results
14:00 🟧 Profitability: Is my node more profitable or less profitable after automating pricing and rebalancing?
15:06 🟧 Routing events
16:18 🟧 Amount I'm routing
17:02 🟧 Fees
20:08 🟧 Conclusion
🔗 LINKS / RESOURCES MENTIONED: 🔗
🟧 Rebalance LND on Github (by Carsten Otto): https://github.com/C-Otto/rebalance-lnd
🟧 LNDG on Github: https://github.com/cryptosharks131/lndg
🟧 Please tip the creator of LNDG: https://lntxbot.com/@ngutechnologies
🟧 Umbrel Bitcoin node software http://getumbrel.com
🟧 Citadel Bitcoin Lightning Node for Raspberry Pi (https://runcitadel.space)
🟧 ThunderHub: https://thunderhub.io/
🟧 My previous video where I shared how to rebalance your Bitcoin lightning node with rebalance-lnd: • ⚡️ Rebalance Your Bitcoin Lightning Networ...
🟧 My previous video where I shared how to manage your Bitcoin lightning node with LNDG: • ⚡️ Advanced Bitcoin Lightning Network Node...
🟧 My interview with Carsten Otto About Bitcoin Lightning Network Routing Fees: • ⚡️ Bitcoin Lightning Network Routing Fees ...
🟧 My entire playlist on running a Bitcoin full node: • Run a Bitcoin Full Node
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