Nightly Rom
Nightly builds are the one which are automatically built every night. This means that humans are not involved and is largely to see if the code added throughout the day will compile. As to our concern, nightly builds are good and they don’t have any bad background as they don’t accept any bugs reports.
Many people use nightly as their daily driver that means no bugs that may have occurred in their daily life as they want to switch to a another build. However you don’t have to flash every nightly build. You can do it as you see it is suitable to you needs. Nightlies have been the most unstable builds of CyanogenMod, but many bugs where dependent on the devices.
Typically, there are few bugs, as they still test the ROMs, but you will probably encounter (a few) more bugs than in a stable build. Usually generated every 24 hours, experimental, newest features, unstable.Lineage OS 14.1 official nightly builds are now released on 22 Jan 2017 available for Download for many devices 80+ including Google, Motorola, Nextbit, Oneplus, Samsung, Sony and Xiaomi. The Official Build are started spawning on official linage os download website.
See also: List of Devices Supported by LineageOS roms
EXPERIMENTAL Rom
Experimental build is a part of the Milestone Release (M build). This release is the one which are tested a bit before release. It is the first release that CM allows to be used for official bug reports. Experimental roms in simple words is the testing version requested by device maintainers to evaluate specific changes.
Lineage OS 14.1 official experiments builds are now released on 22 Jan 2017 available for Download for many devices 80+ including Google, Motorola, Nextbit, Oneplus, Samsung, Sony and Xiaomi. The Official Build are started spawning on official linage os download website.