Skip to content
Subscribe
  • Home
  • Services
  • Video
  • Events
Subscribe

Reading

Largest German Bitcoin Conference: 3,000 Lightning Payments Made
News Markets

Largest German Bitcoin Conference: 3,000 Lightning Payments Made

Leon Siegmund
By: Leon Siegmund
Sep 26, 2022
3 min read
Largest German Bitcoin Conference: 3,000 Lightning Payments Made

Over 3,000 payments via the Lightning Network were registered at the largest German-speaking Bitcoin conference “Die Bitcoin Konferenz” according to Swiss payment processing startup Lipa.

The conference attracted over 800 attendees and the stage hosted renown speakers such as Michael Saylor, Saifedean Ammous, Rahim Taghizadegan, Nikol Jilch and Ijoma Mangold.

As a venue, the organizers chose Congress Innsbruck surrounded by beautiful mountains, in the midst of the breathtaking Innsbruck old town.

While tourists from all over the world were enjoying historic and mesmerizing ‘gold-standard’ architecture outside, the delegates inside the conference floors time traveled into the future and on to the Bitcoin standard. All merchants and food stalls accepted Lightning payments thanks to a new point of sale integration provided by Lipa.

Starting with an icecream vendor in front of the entrance that offered its ice-cold delights for just 10.500 Sats per scoop including waffle, attendees could spend Sats for every purchase:

A bystander asks “What kind of currency is that?” and the response by the ice cream vendor is simply “It’s a digital internet currency”. The camera man concludes: “This is sound money ice cream”.

lightning payment icecream innsbruck
Icecream sold for Satoshis only. Source paddepadde

Besides ice cream, attendees could enjoy local Austrian cuisine, coffee and snacks during breaks.

Matthias Tanzer, managing director at Donhauser GmbH, short DoN, the catering service in charge of all culinary services at the conference explains how smooth Lightning works for transactions:

B.N.: Did you expect it would be that smooth?

M.T.: No, I thought it’s more difficult but it’s actually very easy.

With over 3,000 successful transactions at the point of sale, the test is a full success for the conference organizers, the catering service and of course for attendees and Lightning enthusiasts.

The Lightning Network allows for astonishing transaction throughput, instant confirmation and low to no fees. The conference stress test is proof for the maturity of the Lightning Network which has grown from a niche phenomenon to a robust and fully decentralized payments network.

Although the Lightning Network can theoretically process hundreds of thousands of transactions per second, the event in Innsbruck has broken a record for retail transactions in a single day on Lightning.

Mr Tanzer is looking forward to evaluate the roll-out of Lightning payments in other locations. Donhauser GmbH oversees more than 90 locations in Austria, among them Vapiano restaurants, gourmet restaurants, delis, mountain restaurants and high-value cafés and bars.

While the payment processor Lipa recorded 2,868 transactions over three days, many more Lightning transactions were made at the Lightning beer tap, the Lightning cocktail robot and merchants such as satoshistore.io

Lipa shared detailed statistics on their blog:

“First things first, we processed 2’868 transactions in three days — Saturday being the busiest day with 1’585 transactions. The biggest single transaction was SAT 249’809 and the lowest SAT 506. The exchange rate ranged between €19’375 and €20’258. The total volume was SAT 88’294’530 — roughly €17’500.”

1 leahkO4mvuZWAeeAX5hJBQ
Transactions per hour, source Lipa

Bitcoin News also reported about the increasing adoption of NFC cards for Lightning Payments.

https://bitcoinnews.com/lightning-nfc-cards-take-over-bitcoin

Stay on top of Bitcoin
news, get weekly updates
in your inbox.

Recommended News

Markets
Markets
Semler Scientific Raises Bitcoin Treasury Target to 105,000 BTC by 2027
Jun 22, 2025
2 min read
By: Alex Lari
Markets
Markets
Vinanz Raises £3.58 Million as Retail Investors Back Bitcoin Strategy
Jun 18, 2025
3 min read
By: Alex Lari
Markets
Markets
Metaplanet’s BTC Reserve Flips Coinbase, Reaching its 2025 Goal
Jun 17, 2025
3 min read
By: Alex Lari
All News
Accelerating Adoption
News
  • Adoption
  • Legal
  • Markets
  • Mining
  • Opinion
  • Press Release
  • Learn
  • Sponsored
Company
  • About Us
  • Brand Assets
  • Newsletter
  • Services
  • Site Map
  • Terms & Privacy
Connect
  • Contact Us
  • Contribute
  • Services
  • Media Partner
  • RSS
  • Videos
Social Media
  • Twitter
  • YouTube
  • Telegram
  • LinkedIn
  • Instagram
  • Nostr
  • TikTok
  • Flipboard

© A Bitcoin-Focused Company | 256 Media, 2024

Language Switcher
Search
  • News
    • Adoption
    • Legal
    • Markets
    • Mining
    • Opinion
    • Press Release
    • Learn
    • Interviews
  • Services
  • Video
  • Events
  • News
    • Adoption
    • Interviews
    • Learn
    • Legal
    • Markets
    • Mining
    • Opinion
    • Press Release
  • About Us
  • Contact
  • Newsletter
Search

Popular Articles

Norwegian Green Minerals Raises $1.2B to Build Bitcoin Reserve
June 24, 2025 · 3 min
Building Bitcoin’s Payment Layer: Moritz Kaminski on Creating Alby
June 23, 2025 · 7 min
Texas Signs Publicly-Funded Bitcoin Reserve Bill into Law
June 23, 2025 · 3 min
Dirty Coin Shines at FreedomFest’s Anthem Film Festival
June 22, 2025 · 3 min
Semler Scientific Raises Bitcoin Treasury Target to 105,000 BTC by 2027
June 22, 2025 · 2 min
Norway to Ban New Bitcoin Mining Centers in 2025 to Save Energy
June 21, 2025 · 2 min

Bitcoin Only
Newsletter

Get weekly news roundups direct to your inbox!