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

Endeavor Bitcoin mining pool company Titan Mining has announced Titan Lightning, desiring to transform how Bitcoin miners receive rewards by empowering miners with shut to-rapid access to their earnings.

The utilization of the Lightning Community, Titan Lightning facilitates utter on-chain disbursement of rewards to miners’ non-custodial wallets after each and every original block discovery on the Bitcoin network. This departs critically from delayed payouts linked to custodial mining pools.

Titan Mining CEO Ryan Condron explained, “At Titan, we accept as true with in empowering miners worldwide. The Titan Lightning resolution provides on the spot access to mining rewards, bettering liquidity and striking withhold watch over attend in the hands of miners.” The integration of the Lightning Community enables miners to receive block rewards each and every ten minutes without a minimum payout.

Further, Titan Lightning’s integration with the Lumerin Hashpower Market targets to democratize access to Bitcoin mining. Founded by the identical group as Titan Mining, Lumerin provides a ogle-to-ogle platform for shopping and selling mining ability, which draw non-miners can additionally take half and skills the ability advantages of accelerated Bitcoin payouts. As Lumerin reported, this style positions Bitcoin mining hash energy as a outlandish, real-world asset for world on-chain swap.

The Titan Lightning mining pool and Lumerin integration train a new application of Bitcoin hash energy, which Titan describes as

“Bitcoin now” is more priceless than “Bitcoin later.”

Miners will now be ready to receive payment “shut to-straight as almost right now as a original block is recorded on the Bitcoin blockchain.” As the Bitcoin halving draws shut to, heart of attention and previous-time in Bitcoin mining will probably raise as it does each and every cycle. While ASIC miners are restful briefly present, the flexibility to take half in hash energy marketplaces and use Lightning payments is an involving thought for original customers to explore.