Bitcoin

Million

Light

Billion

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 <p>Amazon.com and Google Cloud are two of the largest Bitcoin Lightning Network hosts. Collectively, they account for a 48.5% share, with a capacity of around 3022 BTC. The list also features other prominent entities. However, the share is not substantial. Alibaba hosts 4 nodes, accounting for 2.3%. On the other hand, Vodafone Germany, and Comcast Cable host 60 and 119 nodes respectively, with their capacity accounting for roughly 0.7% respectively. </p> 
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  <img decoding="async" width="1024" height="450" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" alt="" class="wp-image-105010 ewww_webp" sizes="(max-width: 1024px) 100vw, 1024px" data-src-img="https://cdn.thebittimes.com/images/2023/08/03/b638cad83b0d36ba0f00b07f7c4babec.webp" data-src-webp="https://cdn.thebittimes.com/images/2023/08/03/b638cad83b0d36ba0f00b07f7c4babec.webp.webp" data-srcset-webp="https://cdn.thebittimes.com/images/2023/08/03/b638cad83b0d36ba0f00b07f7c4babec.webp.webp 1024w, https://cdn.thebittimes.com/images/2023/08/03/b638cad83b0d36ba0f00b07f7c4babec.webp 300w, https://cdn.thebittimes.com/images/2023/08/03/b638cad83b0d36ba0f00b07f7c4babec.webp 768w, https://cdn.thebittimes.com/images/2023/08/03/b638cad83b0d36ba0f00b07f7c4babec.webp.webp 380w, https://cdn.thebittimes.com/images/2023/08/03/b638cad83b0d36ba0f00b07f7c4babec.webp 550w, https://cdn.thebittimes.com/images/2023/08/03/b638cad83b0d36ba0f00b07f7c4babec.webp 800w, https://cdn.thebittimes.com/images/2023/08/03/b638cad83b0d36ba0f00b07f7c4babec.webp.webp 1062w" data-srcset-img="https://cdn.thebittimes.com/images/2023/08/03/b638cad83b0d36ba0f00b07f7c4babec.webp 1024w, https://cdn.thebittimes.com/images/2023/08/03/b638cad83b0d36ba0f00b07f7c4babec.webp 300w, https://cdn.thebittimes.com/images/2023/08/03/b638cad83b0d36ba0f00b07f7c4babec.webp 768w, https://cdn.thebittimes.com/images/2023/08/03/b638cad83b0d36ba0f00b07f7c4babec.webp 380w, https://cdn.thebittimes.com/images/2023/08/03/b638cad83b0d36ba0f00b07f7c4babec.webp 550w, https://cdn.thebittimes.com/images/2023/08/03/b638cad83b0d36ba0f00b07f7c4babec.webp 800w, https://cdn.thebittimes.com/images/2023/08/03/b638cad83b0d36ba0f00b07f7c4babec.webp 1062w" data-eio="j"> 
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   <img decoding="async" width="1024" height="450" src="https://cdn.thebittimes.com/images/2023/08/03/b638cad83b0d36ba0f00b07f7c4babec.webp" alt="" class="wp-image-105010" srcset="https://cdn.thebittimes.com/images/2023/08/03/b638cad83b0d36ba0f00b07f7c4babec.webp 1024w, https://cdn.thebittimes.com/images/2023/08/03/b638cad83b0d36ba0f00b07f7c4babec.webp 300w, https://cdn.thebittimes.com/images/2023/08/03/b638cad83b0d36ba0f00b07f7c4babec.webp 768w, https://cdn.thebittimes.com/images/2023/08/03/b638cad83b0d36ba0f00b07f7c4babec.webp 380w, https://cdn.thebittimes.com/images/2023/08/03/b638cad83b0d36ba0f00b07f7c4babec.webp 550w, https://cdn.thebittimes.com/images/2023/08/03/b638cad83b0d36ba0f00b07f7c4babec.webp 800w, https://cdn.thebittimes.com/images/2023/08/03/b638cad83b0d36ba0f00b07f7c4babec.webp 1062w" sizes="(max-width: 1024px) 100vw, 1024px"> 
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    Source: MemPool Space 
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 <p><strong>Also Read: Robinhood’s Crypto Earnings Decreased $9 Million in Q2 2023</strong></p> 
 <p>Over the past week, the number of <a rel="noopener noreferrer nofollow" title="nodes" href="https://thebittimes.com/tag/nodes.html">nodes</a> and channels has not registered any major addition. They rose in number by only 0.5% and 0.3% in the last 7 days. At press time, the Bitcoin <a rel="noopener noreferrer nofollow" title="Lightning Network" href="https://thebittimes.com/tag/lightning-network.html">Lightning Network</a> had over 15,601 <a rel="noopener noreferrer nofollow" title="nodes" href="https://thebittimes.com/tag/nodes.html">nodes</a> and 68,196 channels. </p> 
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   <img decoding="async" loading="lazy" width="507" height="134" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" alt="" class="wp-image-105011 ewww_webp" sizes="(max-width: 507px) 100vw, 507px" data-src-img="https://cdn.thebittimes.com/images/2023/08/03/000c5b1f7d139deb92783c04c59dc924.webp" data-src-webp="https://cdn.thebittimes.com/images/2023/08/03/000c5b1f7d139deb92783c04c59dc924.webp.webp" data-srcset-webp="https://cdn.thebittimes.com/images/2023/08/03/000c5b1f7d139deb92783c04c59dc924.webp.webp 507w, https://cdn.thebittimes.com/images/2023/08/03/000c5b1f7d139deb92783c04c59dc924.webp.webp 300w, https://cdn.thebittimes.com/images/2023/08/03/000c5b1f7d139deb92783c04c59dc924.webp.webp 380w" data-srcset-img="https://cdn.thebittimes.com/images/2023/08/03/000c5b1f7d139deb92783c04c59dc924.webp 507w, https://cdn.thebittimes.com/images/2023/08/03/000c5b1f7d139deb92783c04c59dc924.webp 300w, https://cdn.thebittimes.com/images/2023/08/03/000c5b1f7d139deb92783c04c59dc924.webp 380w" data-eio="j"> 
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    <img decoding="async" loading="lazy" width="507" height="134" src="https://cdn.thebittimes.com/images/2023/08/03/000c5b1f7d139deb92783c04c59dc924.webp" alt="" class="wp-image-105011" srcset="https://cdn.thebittimes.com/images/2023/08/03/000c5b1f7d139deb92783c04c59dc924.webp 507w, https://cdn.thebittimes.com/images/2023/08/03/000c5b1f7d139deb92783c04c59dc924.webp 300w, https://cdn.thebittimes.com/images/2023/08/03/000c5b1f7d139deb92783c04c59dc924.webp 380w" sizes="(max-width: 507px) 100vw, 507px"> 
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     Source: MemPool Space 
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 <p><strong>Also Read: Bitcoin Volume Drops to 30-Month Low: Market in ‘Summer Slumber’</strong></p> 
 <h3 class="wp-block-heading" id="h-the-economical-burden">The Economical Burden </h3> 
 <p>The Lightning Network has made the process of moving Bitcoin between institutions relatively instant, and frictionless. However, it comes with a cost. In a recent Preston Pysh podcast, the CEO and CTO at River, Alexander Leishman, explained, </p> 
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 <p><strong>“For consumers who want to run their own <a rel="noopener noreferrer nofollow" title="nodes" href="https://thebittimes.com/tag/nodes.html">nodes</a>, they need someone to open a channel with them, so that they can they can receive payment. Well, that’s really challenging economically because that means someone else has to lock up capital [in the form of BTC], and put that on the <a rel="noopener noreferrer nofollow" title="Lightning Network" href="https://thebittimes.com/tag/lightning-network.html">Lightning Network</a> to facilitate a future payment.” </strong></p> 
 <p>Centralized institutions are in a better position because the volume of Bitcoin moving between them is fairly high. Since a lot of transactional activity happens among them, they “get a lot” out of putting up “a little bit” of capital. However, with lower volume destination customers, small merchants, etc. the scenario changes. It is challenging to run a small node on the <a rel="noopener noreferrer nofollow" title="Lightning Network" href="https://thebittimes.com/tag/lightning-network.html">Lightning Network</a>, and as a result, there are still question marks over their economic viability. Leishman added, </p> 
 <p><strong>“I think it won’t be cheap, and some people will be willing to pay that price, and many won’t.”</strong></p> 
 <p>Consequentially, the Bitcoin Lightning Network continues to depend on well-established node operators and centralized cloud services to sustain itself.</p> 
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 <p><strong>Also Read: Binance ‘Inaccessible’ in China Despite $90 Billion Business Claims</strong></p> 
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<div class="cs-entry__tags"> 
 <ul> 
  <li>Amazon</li> 
  <li>bitcoin</li> 
  <li>btc</li> 
  <li>Google Cloud</li> 
  <li>Lightning Network</li> 
  <li>nodes</li> 
 </ul> 
</div>

Amazon, Google Cloud Host 49% of Bitcoin Lightning Nodes

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