DMND (“Demand Pool”The world’s very first Stratum V2 Bitcoin mining poolAccording to a Bitcoin Magazine press release, has opened up applications to launch partner miners. The successful applicants will get 0% for their first two months, and an exclusive two-year founding mining agreement.
DMND has also announced that it will close its Venture Capital financing for Q4 of 2024. Trammell Venture Partners (TVP).
“The Bitcoin mining industry has a key problem which I’ve pinpointed over my 10-year career: mining pool centralization,” The following are some of the ways to get in touch with each other Alejandro de la TorreDMND is co-founded by and led by CEO. “This is why it is paramount that we make Stratum V2 a reality. SV2 will help decentralize Bitcoin mining by allowing miners to build their own blocks. With the release of DMND pool—the world’s first Stratum V2 pool—we help combat this problem – a historic moment in Bitcoin.”
Stratum V2 is a significant evolution of Bitcoin mining. It offers enhanced privacy and security, as it allows miners to create their own blocks templates. Stratum V2 gives control to the miners, unlike traditional pools that dictate which transactions are selected.
DMND’s pool uses end-to-end cryptography to protect hashrates and ensure greater mining security. SLICE’s payment system is auditable and has no hidden charges, ensuring maximum payouts to miners in a fair, transparent and equitable manner.
For years, the mining industry struggled to deal with opaque payment structures and centralized block construction. DMND’s implementation of Stratum V2 along with the SLICE Payment System aims to resolve these issues. It will ensure fairer payouts, greater control over miners and reinforce Bitcoin’s centralization.
“The mining pool industry is one where murky fee payouts and relative centralization have become the norm,” Christopher Calicott is the managing director of TVP and founding partner. “By empowering mining operators to securely and privately design their own block templates while facilitating radical transparency and fairness of payments to mining pool participants, DMND will bring a new era to the mining industry. Mining operators of any size—from small home miners to publicly traded giants—will all work to enhance Bitcoin’s decentralization.”
Mining operators who are interested in participating to the first-ever Stratum Stratum block may apply through DMND. website. The deadline for applications to launch participants is March 28th, 2025 at midnight PST.
Visit their website for more information about Stratum V2 and DMND. website. Read more on the importance of Stratum-V2 Bitcoin mining here.
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Source: bitcoinmagazine.com
