Hi, at work I may try to sell this idea to my boss, to setup a bitcoin lightning node. We have a good infrastructure and it would be quite cool to have a node running on one of our dedicated VMs.
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My boss or the person who will approve/deny this idea may ask me of course how much will this cost, in time and money. I didn’t do much research yet, but seen several tutorials how to setup a lightning node… thus I may include also the time to do more research…
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Here various tutorials I’ve found so far:
– [The Lightning Network: How to install and (hopefully) make money](https://medium.com/coinmonks/the-lightning-network-how-to-install-and-hopefully-make-money-6e3058e3fa7c)
– [Installing Lightning Network part 2: Here We Go Again](https://medium.com/coinmonks/installing-lightning-network-part-2-here-we-go-again-ed5a84f9cade)
– [Bitcoin Lightning Network: run your node at home for fun and (no) profit](https://medium.com/coinmonks/bitcoin-lightning-network-run-your-node-at-home-for-fun-and-no-profit-da5b61be2ba9) (explains how to install LND, which saves space as the blockchain doesn’t need to be stored locally)
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Can you help me estimating this task? I tried to split it into sub-tasks:
– Install Ubuntu Linux on VM, setup SSH, firewalls, basic dependencies: 4h
– Follow tutorial to install bitcoin and lightning daemons: 8h
– Setup/automate backup: 4h
– Documentation: 4h
– Time spent researching, estimating, making an offer/little presentation of the project: 4h
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**Total estimation: 3 days**
– The initial step to download and verify the blockchain (even if in prune mode it won’t be stored, this is required) takes a few days
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Is this realistic? Did I forget some parts? Should I estimate more time? (I personally tend to underestimate tasks)
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Your feedback is welcome, thank you