DMND (“Interrogate Pool”) aims to revolutionize Bitcoin mining with the launch of the first-ever Stratum V2 mining pool, empowering miners with increased back a watch on, security, and transparency. By allowing miners to produce their get hold of block templates and imposing an auditable payout system, DMND aims to decentralize mining and maximize profitability.
DMND (“Interrogate Pool”), the enviornment’s first Stratum V2 Bitcoin mining pool, has officially opened applications for miners to join as launch companions, per a press liberate sent to Bitcoin Magazine. Winning candidates will receive 0% costs for the first two months and a varied two-year founding miner agreement.
As nicely as to the launch announcement, DMND additionally confirmed the successful closing of its project capital financing in Q4 2024, led by Trammell Mission Partners (TVP).
“The Bitcoin mining industry has a key articulate which I’ve pinpointed over my 10-year profession: mining pool centralization,” said Alejandro de la Torre, DMND co-founder and CEO. “Right here is why it is paramount that we compose Stratum V2 a fact. SV2 will abet decentralize Bitcoin mining by allowing miners to fabricate their get hold of blocks. With the liberate of DMND pool—the enviornment’s first Stratum V2 pool—we abet wrestle this articulate – a ancient moment in Bitcoin.”
Stratum V2 represents a primary evolution in Bitcoin mining, offering enhanced decentralization, privateness, and security by enabling miners to produce their get hold of block templates. No longer like frail mining pools, the build apart pool operators dictate transaction resolution, Stratum V2 shifts back a watch on assist to miners.
DMND’s pool implements cease-to-cease encryption to forestall hashrate hijacking, making certain increased security for mining operations. Moreover, its SLICE payment system introduces auditable transactions and no hidden costs, guaranteeing most miner payouts in a neutral correct-attempting and transparent manner.
The mining industry has long struggled with opaque rate buildings and centralized block construction. DMND’s implementation of Stratum V2 and the SLICE payment system aims to tackle these factors, making certain fairer payouts and increased back a watch on for miners while reinforcing Bitcoin’s decentralization.
“The mining pool industry is one the build apart murky rate payouts and relative centralization indulge in change into the norm,” said Christopher Calicott, TVP’s managing director and founding accomplice. “By empowering mining operators to soundly and privately produce their get hold of block templates while facilitating radical transparency and fairness of payments to mining pool participants, DMND will bring a brand unique know-how to the mining industry. Mining operators of any dimension—from runt home miners to publicly traded giants—will all work to augment Bitcoin’s decentralization.”
Mining operators in contributing to the first-ever Stratum V2 block can apply by process of DMND’s legit internet page. Functions for launch participants will stop on March 28, 2025, in the black PST.
For extra recordsdata on DMND and the Stratum V2 mining pool, talk over with their internet page. That you may also additionally learn extra about the importance of Stratum V2 Bitcoin mining right here.
Bitcoiner since 2017. Bitcoin Magazine since 2020. Amassing Bitcoin for my final title, now not my first.
