{"id":500746,"date":"2022-09-01T12:58:01","date_gmt":"2022-09-01T12:58:01","guid":{"rendered":"https:\/\/ktsl888.com\/?p=500746"},"modified":"2024-06-11T13:50:25","modified_gmt":"2024-06-11T13:50:25","slug":"lightning-speed-5-ways-to-make-money-earn-sats-using-the-lightning-network","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/lightning-speed-5-ways-to-make-money-earn-sats-using-the-lightning-network\/","title":{"rendered":"Lightning Speed: 5 Ways To Make Money\/ Earn Sats Using The Lightning Network"},"content":{"rendered":"

Earning sats for the first time is a magical experience and NewsBTC is here to guide you through it. The Lightning Network gave bitcoin real micro-transactions with extremely low fees. That opened up new avenues for the bitcoin network to expand through, avenues that the world is just beginning to explore. In the following text, we will present five projects that pay their users or allows them to get tips from the community. In sats, using the Lightning Network.<\/span><\/p>\n

Unlike most altcoins, bitcoin is truly scarce, has a hard total cap, and wasn\u2019t pre-mined. The rewards that the following projects offer are low compared to million-dollar NFT collections and untenable 20% yields. However, you will earn real bitcoin by exploiting your hobbies. Cross your fingers, let\u2019s hope this first guide has something for you.<\/span>\u00a0<\/span><\/p>\n

Related Reading: Lightning Speed: Open-Source Bitcoin Banks\u2019 Fee Structures For Inbound Liquidity<\/a><\/div>\n

Before advancing, though, let\u2019s quote <\/span>Stacker News\u2019 FAQ<\/span><\/a> for a definition of sats AKA satoshis. \u201cSats are the smallest denomination of Bitcoin. Just like there are 100 pennies in 1 dollar, there are 100,000,000 sats in 1 Bitcoin.\u201d<\/span><\/p>\n

1.- Earn Sats Playing Games With Thndr<\/span><\/h2>\n

Go <\/span>to Thndr<\/span><\/a>, download and play classic games, like Snake, or new and original ones like Turbo84 or Bitcoin Bounce. The company can\u2019t give you sats directly because of Android App store\u2019s restrictions. You can earn them, though. \u201cEach ticket you collect is an entry into the daily prize draw.\u00a0 The more tickets that you collect, the more chances you have to win the bitcoin jackpot.\u201d<\/span><\/p>\n

It certainly beats playing retro video games and NOT getting paid for it.<\/span><\/p>\n

Thndr \u2192 <\/span>https:\/\/www.thndr.games\/<\/span><\/a><\/p>\n

2.- Get Tips For Your Pictures With Starbackr<\/span><\/h2>\n

Publish your pictures and videos and get rewarded by the community <\/span>on Starbackr<\/span><\/a>. Tips in sats might not be the ideal way to support creators, but then again, maybe they are. Let\u2019s experiment and see what the market says. And speaking about experiments, it seems like this service is just the first stage and not Starbackr\u2019s final form. The company\u2019s About Us says:<\/span><\/p>\n

\u201cWe build the platform of choice for digital content creators with instant payments, low friction, and free of moral censorship. Building on the Bitcoin Lightning network allows us to deliver a content monetization platform that is dramatically less expensive, faster, and more creator-friendly.\u201d<\/span><\/p><\/blockquote>\n

So, don\u2019t lose faith if you\u2019re not a photographer. We might hear about new services from Starbackr again in the not-so-distant future.<\/span><\/p>\n

Starbackr \u2014> <\/span>https:\/\/app.starbackr.com\/<\/span><\/a><\/p>\n

\"BTCUSD<\/p>\n

BTC price chart for 09\/01\/2022 on Bitstamp | Source: BTC\/USD on TradingView.com<\/a><\/pre>\n
3.- Get Sats For Your Content In Stacker News<\/span><\/h2>\n
Stacker News<\/span><\/a> is a bitcoin-focused Hacker News clone that rewards content curation and production. The way it accomplishes this is the fundamental difference between the two sites. \u201cRather than collecting \u201cupvotes\u201d that are not redeemable or transferable on Reddit or Hacker News, Stacker News users earn sats that can immediately be spent anywhere,\u201d <\/span>their FAQ says<\/span><\/a>.\u00a0<\/span><\/p>\n
Each upvote or comment that your content gets rewards you with 1 sat minimum. Publishing is not free, though, it also costs 1 sat. This is one of the most evolved projects on the list, so there\u2019s an economy around it and the team has developed new functionalities. For example, you can pay to boost your content and users can boost their upvote by rewarding more sats.\u00a0<\/span><\/p>\n
Stacker News \u2013> <\/span>https:\/\/stacker.news\/<\/span><\/a><\/p>\n
4.- Cut Clips From Your Favorite Podcasts In Fountain<\/span><\/h2>\n
Fountain<\/span><\/a> is a <\/span>Podcasting 2.0<\/span><\/a>-enabled app that distinguished itself from the crowd by allowing users to earn sats. You can listen to sponsored content and advertisement. Alternatively, you can comment or cut clips from your favorite podcast. If users like those comments or clips, you get a cut. Plus, the satisfaction of aiding in the promotion of your favorite podcast.\u00a0<\/span><\/p>\n
Mind you, another possibility that Fountain and similar apps provide is that you can produce a podcast and get rewarded by the community under the <\/span>Value-for-Value model<\/span><\/a>. The barrier of entry is much higher, sure, but podcasting might be your calling.\u00a0<\/span><\/p>\n
Fountain \u2192 <\/span>https:\/\/www.fountain.fm\/<\/span><\/a><\/p>\n
5.- Trade Derivatives In Sats Through LN Markets<\/span><\/h2>\n
If technical analysis is your forte and fundamental analysis excites you, <\/span>LN Markets<\/span><\/a> offers an easy way to play the markets. \u201cTrading is done directly from any Lightning wallet and enables super fast access to derivatives markets. Open a position by making a Lightning transaction, close the position and receive the money directly in your wallet,\u201d <\/span>their FAQ<\/span><\/a> clarifies.<\/span><\/p>\n
Open a trading position only if you know what you\u2019re doing, though. At least watch a few <\/span>NewsBTC Daily technical analysis<\/span><\/a> episodes to kickstart your learning process. Or use LN Markets in testnet, which is also possible. Whatever you do, remember that playing the markets comes with inherent risk and that even the most experienced traders suffer devastating losses. Don\u2019t use money that you can\u2019t afford to lose.\u00a0<\/span><\/p>\n
LN Markets \u2192 <\/span>https:\/\/lnmarkets.com\/<\/span><\/a><\/p>\n
Related Reading:  Lightning Speed: Branding Opportunities On The Lightning Network, A How-To Guide<\/a><\/div>\n
Before closing, some of these services assume that you already have a Lightning Network-specific wallet. Go and learn how to set one up before interacting with them. This closes NewsBTC\u2019s first guide to making money through the Lightning Network. If you want more content like this, tell us through NewsBTC\u2019s social media channels. <\/span><\/p>\n
Featured Image: Bitcoin Bounce screenshot from Thndr Games<\/a> | Charts by TradingView<\/a><\/pre>\n","protected":false},"excerpt":{"rendered":"
Earning sats for the first time is a magical experience and NewsBTC is here to guide you through it. The Lightning Network gave bitcoin real micro-transactions with extremely low fees. That opened up new avenues for the bitcoin network to expand through, avenues that the world is just beginning to explore. In the following text, we will present five projects that pay their users or allows them to get tips from the community. In sats, using the Lightning Network. Unlike most altcoins, bitcoin is truly scarce, has a hard total cap, and wasn\u2019t pre-mined. The rewards that the following projects offer are low compared to million-dollar NFT collections and untenable 20% yields. However, you will earn real bitcoin by exploiting your hobbies. Cross your fingers, let\u2019s hope this first guide has something for you.\u00a0 Related Reading: Lightning Speed: Open-Source Bitcoin Banks\u2019 Fee Structures For Inbound Liquidity Before advancing, though, let\u2019s quote Stacker News\u2019 FAQ for a definition of sats AKA satoshis. \u201cSats are the smallest denomination of Bitcoin. Just like there are 100 pennies in 1 dollar, there are 100,000,000 sats in 1 Bitcoin.\u201d 1.- Earn Sats Playing Games With Thndr Go to Thndr, download and play classic games, like Snake, or new and original ones like Turbo84 or Bitcoin Bounce. The company can\u2019t give you sats directly because of Android App store\u2019s restrictions. You can earn them, though. \u201cEach ticket you collect is an entry into the daily prize draw.\u00a0 The more tickets that you collect, the more chances you have to win the bitcoin jackpot.\u201d It certainly beats playing retro video games and NOT getting paid for it. Thndr \u2192 https:\/\/www.thndr.games\/ 2.- Get Tips For Your Pictures With Starbackr Publish your pictures and videos and get rewarded by the community on Starbackr. Tips in sats might not be the ideal way to support creators, but then again, maybe they are. Let\u2019s experiment and see what the market says. And speaking about experiments, it seems like this service is just the first stage and not Starbackr\u2019s final form. The company\u2019s About Us says: \u201cWe build the platform of choice for digital content creators with instant payments, low friction, and free of moral censorship. Building on the Bitcoin Lightning network allows us to deliver a content monetization platform that is dramatically less expensive, faster, and more creator-friendly.\u201d So, don\u2019t lose faith if you\u2019re not a photographer. We might hear about new services from Starbackr again in the not-so-distant future. Starbackr \u2014> https:\/\/app.starbackr.com\/ BTC price chart for 09\/01\/2022 on Bitstamp | Source: BTC\/USD on TradingView.com 3.- Get Sats For Your Content In Stacker News Stacker News is a bitcoin-focused Hacker News clone that rewards content curation and production. The way it accomplishes this is the fundamental difference between the two sites. \u201cRather than collecting \u201cupvotes\u201d that are not redeemable or transferable on Reddit or Hacker News, Stacker News users earn sats that can immediately be spent anywhere,\u201d their FAQ says.\u00a0 Each upvote or comment that your content gets rewards you with 1 sat minimum. Publishing is not free, though, it also costs 1 sat. This is one of the most evolved projects on the list, so there\u2019s an economy around it and the team has developed new functionalities. For example, you can pay to boost your content and users can boost their upvote by rewarding more sats.\u00a0 Stacker News \u2013> https:\/\/stacker.news\/ 4.- Cut Clips From Your Favorite Podcasts In Fountain Fountain is a Podcasting 2.0-enabled app that distinguished itself from the crowd by allowing users to earn sats. You can listen to sponsored content and advertisement. Alternatively, you can comment or cut clips from your favorite podcast. If users like those comments or clips, you get a cut. Plus, the satisfaction of aiding in the promotion of your favorite podcast.\u00a0 Mind you, another possibility that Fountain and similar apps provide is that you can produce a podcast and get rewarded by the community under the Value-for-Value model. The barrier of entry is much higher, sure, but podcasting might be your calling.\u00a0 Fountain \u2192 https:\/\/www.fountain.fm\/ 5.- Trade Derivatives In Sats Through LN Markets If technical analysis is your forte and fundamental analysis excites you, LN Markets offers an easy way to play the markets. \u201cTrading is done directly from any Lightning wallet and enables super fast access to derivatives markets. Open a position by making a Lightning transaction, close the position and receive the money directly in your wallet,\u201d their FAQ clarifies. Open a trading position only if you know what you\u2019re doing, though. At least watch a few NewsBTC Daily technical analysis episodes to kickstart your learning process. Or use LN Markets in testnet, which is also possible. Whatever you do, remember that playing the markets comes with inherent risk and that even the most experienced traders suffer devastating losses. Don\u2019t use money that you can\u2019t afford to lose.\u00a0 LN Markets \u2192 https:\/\/lnmarkets.com\/ Related Reading: Lightning Speed: Branding Opportunities On The Lightning Network, A How-To Guide Before closing, some of these services assume that you already have a Lightning Network-specific wallet. Go and learn how to set one up before interacting with them. This closes NewsBTC\u2019s first guide to making money through the Lightning Network. If you want more content like this, tell us through NewsBTC\u2019s social media channels. Featured Image: Bitcoin Bounce screenshot from Thndr Games | Charts by TradingView<\/p>\n","protected":false},"author":539,"featured_media":500747,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3,12040],"tags":[517,5631,86739,1144,4661,86735,1720,6661,86736,86731,86734,86730,86741,86129,84898,84899,3621,3770,83513,86733,86737,4078,86738,86740,86732],"class_list":["post-500746","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","category-derivatives","tag-bitcoin-derivatives","tag-bitcoin-derivatives-exchange","tag-bitcoin-play-to-earn","tag-btcusd","tag-content","tag-content-curation","tag-derivatives","tag-earn-bitcoin","tag-earn-sats","tag-fountain","tag-hacker-news","tag-ln-markets","tag-paid-in-sats","tag-play-to-earn","tag-podcasting","tag-podcasting-2-0","tag-reddit","tag-satoshis","tag-sats","tag-stacker-news","tag-starbackr","tag-technical-analysis","tag-thndr","tag-tips-in-sats","tag-value-for-value-model"],"acf":[],"yoast_head":"\nLightning Speed: 5 Ways To Make Money\/ Earn Sats Using The Lightning Network<\/title>\n<meta name=\"description\" content=\"Earning sats for the first time is a magical experience and NewsBTC is here to guide you through it. 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The Lightning Network gave bitcoin real\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/lightning-speed-5-ways-to-make-money-earn-sats-using-the-lightning-network\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-01T12:58:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:50:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/09\/62c3fbc5c598e31acb98beac_61754798d68895140dcd7248_bitcoinbounce_feature-p-1080.png?fit=1080%2C720\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Eduardo Pr\u00f3spero\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@edprospero23\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Eduardo Pr\u00f3spero\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/lightning-speed-5-ways-to-make-money-earn-sats-using-the-lightning-network\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/lightning-speed-5-ways-to-make-money-earn-sats-using-the-lightning-network\/\"},\"author\":{\"name\":\"Eduardo Pr\u00f3spero\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/22c279a7fc27f3d5508cbfd6dc07c37b\"},\"headline\":\"Lightning Speed: 5 Ways To Make Money\/ Earn Sats Using The Lightning Network\",\"datePublished\":\"2022-09-01T12:58:01+00:00\",\"dateModified\":\"2024-06-11T13:50:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/lightning-speed-5-ways-to-make-money-earn-sats-using-the-lightning-network\/\"},\"wordCount\":897,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/lightning-speed-5-ways-to-make-money-earn-sats-using-the-lightning-network\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/09\/62c3fbc5c598e31acb98beac_61754798d68895140dcd7248_bitcoinbounce_feature-p-1080.png?fit=1080%2C720\",\"keywords\":[\"bitcoin derivatives\",\"Bitcoin derivatives exchange\",\"bitcoin Play-To-Earn\",\"btcusd\",\"content\",\"Content curation\",\"derivatives\",\"Earn Bitcoin\",\"Earn Sats\",\"Fountain\",\"Hacker News\",\"LN Markets\",\"Paid in sats\",\"Play-To-Earn\",\"podcasting\",\"podcasting 2.0\",\"reddit\",\"satoshis\",\"sats\",\"Stacker News\",\"Starbackr\",\"technical analysis\",\"Thndr\",\"Tips in sats\",\"Value-for-Value model\"],\"articleSection\":[\"Bitcoin\",\"Cryptocurrency Market News\",\"Derivatives\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/lightning-speed-5-ways-to-make-money-earn-sats-using-the-lightning-network\/\",\"url\":\"https:\/\/ktsl888.com\/news\/lightning-speed-5-ways-to-make-money-earn-sats-using-the-lightning-network\/\",\"name\":\"Lightning Speed: 5 Ways To Make Money\/ Earn Sats Using The Lightning Network\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/lightning-speed-5-ways-to-make-money-earn-sats-using-the-lightning-network\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/lightning-speed-5-ways-to-make-money-earn-sats-using-the-lightning-network\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/09\/62c3fbc5c598e31acb98beac_61754798d68895140dcd7248_bitcoinbounce_feature-p-1080.png?fit=1080%2C720\",\"datePublished\":\"2022-09-01T12:58:01+00:00\",\"dateModified\":\"2024-06-11T13:50:25+00:00\",\"description\":\"Earning sats for the first time is a magical experience and NewsBTC is here to guide you through it. 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