Lumerin

Bitcoin

Rewards

In an innovative leap forward, Titan Mining has unveiled Titan Lightning, a groundbreaking initiative set to redefine the Bitcoin mining landscape by offering miners near-instant access to their earnings through the Lightning Network. This development promises to enhance liquidity and autonomy for miners by facilitating direct, on-chain disbursement of rewards to their non-custodial wallets immediately following each new block discovery on the Bitcoin network. This marks a significant departure from the traditional, custodial mining pools which often delay payouts, according to <a href="https://cryptoslate.com/bitcoin-miners-to-get-instant-non-custodial-rewards-via-lightning-network/" rel="noopener noreferrer nofollow">Cryptoslate</a>.
Titan Mining's CEO, Ryan Condron, emphasized the company's commitment to empowering miners globally. The introduction of Titan Lightning aims to put control back into the hands of miners by allowing them to access their mining rewards every ten minutes, eliminating the need for minimum payouts. This initiative not only streamlines the reward process but also significantly increases the liquidity available to miners, enabling them to better manage and invest their earnings.
Furthermore, the integration of Titan Lightning with the Lumerin Hashpower Marketplace opens up the world of Bitcoin mining to a wider audience. Lumerin, developed by the same team behind Titan Mining, offers a peer-to-peer platform for trading mining capacity, thus democratizing access to Bitcoin mining. This platform positions Bitcoin mining hash power as a tangible, globally exchangeable asset, offering both miners and non-miners alike the opportunity to partake in and benefit from the world of cryptocurrency mining.
The collaboration between Titan Lightning and Lumerin represents a novel application of Bitcoin hash power, adhering to the principle that "Bitcoin now" holds more value than "Bitcoin later." This approach allows miners to receive their payments "near-instantly as soon as a new block is recorded on the Bitcoin blockchain," a feature that is especially appealing as the Bitcoin <a href="https://ultramining.com/news/en/heat-waves-and-halving-bitcoin-miners-cash-in-amid-rising-prices/" rel="noopener noreferrer nofollow">halving</a> approaches, traditionally a time of heightened interest and activity in Bitcoin mining.

Titan Lightning Revolutionizes Bitcoin Mining with Instant, Non-Custodial Rewards via Lightning Network

Ultramining_Eng

Ďalšie články zverejnené 14. 2. 2024

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