Bitcoin Mining Pool Braiins Hits 1,000 Daily Payouts On Lightning Network

Bitcoin mining pool Braiins has reached a major milestone by processing over 1,000 daily payouts on the Lightning Network. This achievement demonstrates the potential for Lightning to enable instant, low-cost transactions at scale for the mining sector.

Since first introducing Lightning payouts in February 2024 through a partnership with payments platform Voltage, Braiins has experienced consistent double-digit monthly growth in Lightning transactions. Miners now have access to immediate payouts of their earnings rather than relying on slower, expensive on-chain settlement.

According to Braiins CEO Eli Nagar, “Lightning payouts have completely changed the way miners receive…

Read more on BitcoinMagazine

44.2K Reads