NiceHash integrates Lightning Network for faster crypto payments, boosting user experience

From Investing.com: 2024-03-29 09:03:57

NiceHash, a cloud mining platform, has integrated the Lightning Network for faster and more efficient crypto payments. With over 1,800 weekly payouts, it holds 2.2% of the network’s capacity, enhancing user experience.

Users of NiceHash have been actively engaging with Lightning payouts, creating over 700 addresses each week and receiving 1,800 payouts weekly. The platform reported 1,136 deposit transactions, signaling a growing interest in using the Lightning network among buyers and sellers.

Since establishing its node, NiceHash has processed over 350,000 Lightning transactions and more than 1,500 BTC in transaction volume, indicating high user engagement and transaction activity within the platform.

NiceHash plans to launch NiceHash Pay, a Lightning Network payment solution for merchants, leveraging its extensive operational experience. The platform aims to further enhance user experience and drive adoption of the Lightning Network for crypto transactions.

Read more at Investing.com: NiceHash adopts Lightning Network for Bitcoin payments By Investing.com