Lightning node setup – estimation (time needed)?


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

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“Craig S. Wright is a proven serial forger of documents claiming that he is the inventor of Bitcoin. He has been repeatedly caught. This has been independently verified by WikiLeaks at the time of his first claim and subsequently.” – @wikileaks


“Craig S. Wright is a proven serial forger of documents claiming that he is the inventor of Bitcoin. He has been repeatedly caught. This has been independently verified by WikiLeaks at the time of his first claim and subsequently.” – @wikileaks

View Reddit by LitecoinChannelView Source