Bitcoin miners to get instant non-custodial rewards via Lightning Network

7 months ago

Enterprise Bitcoin mining excavation institution Titan Mining has announced Titan Lightning, intending to alteration however Bitcoin miners person rewards by empowering miners with near-instant entree to their earnings.

Using the Lightning Network, Titan Lightning facilitates nonstop on-chain disbursement of rewards to miners’ non-custodial wallets aft each caller artifact find connected the Bitcoin network. This departs importantly from delayed payouts associated with custodial mining pools.

Titan Mining CEO Ryan Condron explained, “At Titan, we judge successful empowering miners worldwide. The Titan Lightning solution offers contiguous entree to mining rewards, enhancing liquidity and putting power backmost successful the hands of miners.” The integration of the Lightning Network allows miners to person artifact rewards each 10 minutes with nary minimum payout.

Bitcoin mining lightning wallet paymentsBitcoin mining lightning wallet payments

Further, Titan Lightning’s integration with the Lumerin Hashpower Marketplace aims to democratize entree to Bitcoin mining. Founded by the aforesaid squad arsenic Titan Mining, Lumerin provides a peer-to-peer level for trading mining capacity, meaning non-miners tin besides enactment and acquisition the imaginable benefits of accelerated Bitcoin payouts. As Lumerin reported, this improvement positions Bitcoin mining hash powerfulness arsenic a unique, real-world plus for planetary on-chain exchange.

Lumerion hashrate marketplaceLumerin hashrate marketplace

The Titan Lightning mining excavation and Lumerin integration contiguous a caller exertion of Bitcoin hash power, which Titan describes as

“Bitcoin now” is much invaluable than “Bitcoin later.”

Miners volition present beryllium capable to person outgo “near-instantly arsenic soon arsenic a caller artifact is recorded connected the Bitcoin blockchain.” As the Bitcoin halving draws near, absorption and involvement successful Bitcoin mining volition apt summation arsenic it does each cycle. While ASIC miners are inactive successful abbreviated supply, the quality to enactment successful hash powerfulness marketplaces and usage Lightning payments is simply a fascinating conception for caller users to explore.

The station Bitcoin miners to get instant non-custodial rewards via Lightning Network appeared archetypal connected CryptoSlate.

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