Join Our 2,000,000+ Community

Get Ember

more posts

September 30, 2021

Bitcoin’s Lightning Network reaches an all-time high

"The Lightning Network is a layer-2 solution for Bitcoin that has been getting a lot of attention this year. It allows users to transact in Bitcoin in a faster, more cost-effective manner. Recent data from The Block suggests that capacity for the Lightning Network is nearing an all-time high of 3,000 Bitcoin ($124.5MM).

What does that mean?

It means users can transact (send/receive) around 3,000 BTC capacity worth on the network. To compare, at the beginning of the year the capacity for the network was less than 1,000 BTC. The capacity has grown ~3x over the past 9 months - supported by continued market adoption, especially in El Salvador."

-Harsharn Singh, Investment Associate @ Ember Fund

Thank you for reading!

Don't forget to come into the app tomorrow to continue learning about crypto! 

Enjoying Ember?

Don't miss out on our latest posts

June 18, 2024

New Mining Withdrawal Option! 💸

Ember partnered with popular gaming platform Roobet.com as a secure & fun method for mining withdrawals! This feature comes with a HUGE set of upgrades to our withdrawal process.

June 11, 2024

May 2024 Recap Newsletter

It's time for the May 2024 Recap Newsletter! Here are the product highlights and milestones from the past month.

June 07, 2024

May Community Stats

We're thrilled to announce the Ember community's mining & reward stats for the month of May!

Download Ember