19% p.a.
binanceservices-ethusdt
Introduction to our strategy no description yet Quick Summary Metric Value Return % p.a. 19 Days active 410 …
tickers: BTC-USD
source: Benzinga
tickers affected by this
| ticker | polarity | why? |
|---|---|---|
| BTC-USD | positively | The adoption of Lightning Network payouts by Braiins, accelerating BTC transactions and reducing fees, can increase liquidity and accessibility for Bitcoin miners, potentially leading to a boost in trading volumes. The trend of cheaper, faster payouts can enhance miner profitability and incentivize investment in mining activities. The improved transaction cost and settlement will benefit the broader Bitcoin network, making BTC something perceived more useful and likely to show a positive price effect. |
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summary
Braiins Achieves 1,000 Daily Lightning Payouts, Revolutionizing Bitcoin Mining
AUSTIN, Texas – Braiins, the world’s longest-running Bitcoin mining pool, has hit a significant milestone, processing over 1,000 Lightning Network payouts per day. This achievement marks a pivotal moment for Bitcoin mining, demonstrating the transformative impact of Lightning payouts on the industry. Braiins introduced Lightning payouts in February 2024. Since then, the company has reported impressive growth, with payouts surging at an average of nearly 20% from mid-2024 to early 2025. In less than a year, a cumulative 13.78 BTC has been withdrawn via the Lightning Network, as announced. The shift to Lightning payouts has greatly improved the experience for small to medium-sized miners. Instead of waiting for on-chain transactions, miners now benefit from instant, low-cost payouts. This trend underscores the rising demand for scalable, cost-effective payment solutions in the Bitcoin mining industry. Eli Nagar, CEO of Braiins, highlighted the significance of this milestone. “Lightning payouts have revolutionized how miners receive their earnings. Our miners can now experience instant, frictionless, low-cost transactions,” he said. Nagar predicted that Lightning could become a standard method for payment in the mining industry, asserting that “this is just the beginning.” Surpassing 1,000 daily payouts, demonstrates the shift towards a more decentralized, scalable, and efficient Bitcoin ecosystem. Reduced congestion, lower fees, and faster transaction settlements will benefit the broader Bitcoin network as more mining pools adopt Lightning for payouts.
