diff --git a/bin/lamassu-install-bitcoind b/bin/lamassu-install-bitcoind
new file mode 100755
index 00000000..4fd509f4
--- /dev/null
+++ b/bin/lamassu-install-bitcoind
@@ -0,0 +1,31 @@
+#!/usr/bin/env bash
+set -e
+
+if [ "$(whoami)" != "root" ]; then
+  echo -e "This script has to be run as \033[1mroot\033[0m user"
+  exit 3
+fi
+
+export LOG_FILE=/tmp/install.log
+
+ufw allow 8333/tcp >> $LOG_FILE 2>&1
+
+CONFIG_DIR=$HOME/.bitcoin
+CONFIG=$CONFIG_DIR/bitcoin.conf
+mkdir -p $CONFIG_DIR
+PASS=$(openssl rand -hex 32)
+
+cat > $CONFIG <<EOF
+server=1
+connections=40
+rpcuser=lamassu
+rpcpassword=$PASS
+keypool=10000
+prune=4000
+daemon=0
+EOF
+
+pm2 start bitcoind >> $LOG_FILE 2>&1
+pm2 save >> $LOG_FILE 2>&1
+
+echo "Success."
diff --git a/package.json b/package.json
index 8c26bfd1..7abd3acb 100644
--- a/package.json
+++ b/package.json
@@ -56,7 +56,8 @@
     "lamassu-admin-server": "./bin/lamassu-admin-server",
     "lamassu-apply-defaults": "./bin/lamassu-apply-defaults",
     "hkdf": "./bin/hkdf",
-    "lamassu-backup-pg": "./bin/lamassu-backup-pg"
+    "lamassu-backup-pg": "./bin/lamassu-backup-pg",
+    "lamassu-install-bitcoind": "./bin/lamassu-install-bitcoind"
   },
   "scripts": {
     "test": "ava"