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Cryptocurrency News Articles

Bitcoin mining pool Braiins reaches a major milestone by processing over 1,000 daily payouts on the Lightning Network

Mar 11, 2025 at 11:24 pm

This achievement demonstrates the potential for Lightning to enable instant, low-cost transactions at scale for the mining sector.

Bitcoin mining pool Braiins reaches a major milestone by processing over 1,000 daily payouts on the Lightning Network

Bitcoin mining pool Braiins has reached a major milestone by processing over 1,000 daily payouts on the Lightning Network, according to a recent press release.

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

“Lightning payouts have completely changed the way miners receive their earnings,” said Eli Nagar, CEO of Braiins. “Instead of waiting for on-chain transactions, our miners are getting instant, frictionless payouts every single day.”

The pool has seen an average of nearly 20% month-over-month increases in Lightning payout volumes from mid-2024 into early 2025. The ease and efficiency of instant payouts have been enthusiastically received, especially by smaller and medium-sized mining operators needing quicker access to capital.

“This milestone demonstrates how Lightning enables real-world, high-volume transactions at an unprecedented scale,” added Graham Krizek, CEO of Voltage. “We’re proud to have partnered with Braiins to introduce this game-changing technology to the Bitcoin mining industry.”

As more pools adopt Lightning for payouts, the broader Bitcoin ecosystem stands to benefit through reduced congestion, lower transaction fees, and faster settlement times.

With Lightning adoption accelerating at this rate, the future looks bright for a more seamless and efficient financial infrastructure supporting Bitcoin miners worldwide.

Original source:bitcoinmagazine

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