HashPlex Exclusive Interview: Lightning Hub Open Source Release
HashPlex is a company that specializes in hosting miner services, allowing home miners access to industry standard electricity rates in order to stay competitive. While their main focus is indeed the mining aspect of Bitcoin, the people over at HashPlex understand the importance of the Bitcoin network, which is especially seen by the debut of their new open source lightning hub. I talked to Bernard Rihn, CEO and founder, as well as Jasper Hugunin, their leading Lightning Dev, over at HashPlex regarding the Lightning Network and Hubs.
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Lightning Network is a proposal for an off-blockchain network that would support super-fast transactions and boost Bitcoin scalability. Wednesday, miner hosting company HashPlex unveiled an alpha Lightning Network hub implementation, as developers continue to refine the layer (sometimes called layer-2) on testnets. The python Lightning implementation works with the open source Bitcoin node. Integration tests on a local network, which include three Bitcoin nodes, show that users can open a channel, close a channel, unilaterally close a channel, and send and receive money. The three nodes....
Lightning Labs, one of the prominent companies working to realize the lightning network, announcedthis week the alpha release of the open-source lightning daemon they've been spearheading: LND. While only compatible with Bitcoin’s testnet so far, the software is relatively feature-complete and operational. “We’re now looking for the wider community to test the software,” Joseph Poon, Lightning Labs developer and co-author of the lightning network white paper, told Bitcoin Magazine. “To get it ready for widespread use, but also to explore new use cases this enables.” The Lightning Network.....
Developers can now test an early version of bitcoin's much-hyped Lightning Network. Released by one of the most prominent startups working on the open-source micropayments protocol (San Francisco-based Lightning Labs), the daemon runs on the bitcoin testnet, so it's not exactly for average users yet. Rather, the aim is for developers to get their feet wet testing the off-chain transactions, long heralded as one of the best ways to rapidly scale the network, (and it looks like some have already started). Speaking to CoinDesk today, the Lightning Labs team called the release the “most....
TLDR. We at HashPlex are building a new kind of datacenter designed from the ground up for bitcoin miners. Our prices have already set a market low at $99/kw-month, and our services and automation will set a new industry standard (we provide space, power, cooling, internet, and automated miner management). We're on track to have our first HashCenter in Q2 of 2014, and we will be opening limited availability in our interim space in a few weeks. We're accepting reservations for space in our HashCenters at https://hashplex.com. We pledge to forever remain a positive force in a vibrant,....
This article has been updated with comment from HashPlex investor and SecondMarket CEO Barry Silbert. Bitcoin miner hosting company HashPlex has completed a $400,000 seed round led by Barry Silbert of SecondMarket and senior Facebook engineer Jason Prado. Bernie Rihn, co-founder of HashPlex, said the funding would enable his company to complete its 1MW HashCenter in central Washington, east of Wenatchee, and continue developing custom hardware and software. "HashPlex needs to move quickly while maintaining a level of great service, and this investment will help us continue to do so," he....