. @bitfinex earned ~120 USD (230k SATs) in the last 30 days via #LightningNetwork
fees.pic.twitter.com/N2CKeJ2y6m
CTO @bitfinex + CTO @tether_to [Views are my own]
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. @bitfinex earned ~120 USD (230k SATs) in the last 30 days via #LightningNetwork
fees.pic.twitter.com/N2CKeJ2y6m
How much is the invested/locked principal?
12 x 120 / 0.014% :p
lol, I meant where did you get the locked amount from
UCC.Hasu Retweeted Paolo Ardoino
UCC.Hasu added,
It's like having 150 BTC sitting in the bitcoin hot wallet, waiting for withdrawals. At least we go 230k SATs!
Don‘t you lose more in L1 fees than gain in LN fees if you reuse the LN wallet as a L1 hot wallet?
L1 wallet is separate. I just meant that on our L1 hot wallet we keep ~500/1000 BTC (1% of our total BTC liabilities). L1 fees are charged back to the end user, while LN would be free for our users and almost no cost for us. Probably server cost > routing fees atm.
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