{"id":272520,"date":"2025-03-18T13:31:36","date_gmt":"2025-03-18T13:31:36","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/03\/18\/dmnd-to-launch-first-stratum-v2-bitcoin-mining-pool-and-closes-venture-capital-investment\/"},"modified":"2025-06-25T17:09:08","modified_gmt":"2025-06-25T17:09:08","slug":"dmnd-to-launch-first-stratum-v2-bitcoin-mining-pool-and-closes-venture-capital-investment","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/03\/18\/dmnd-to-launch-first-stratum-v2-bitcoin-mining-pool-and-closes-venture-capital-investment\/","title":{"rendered":"DMND To Launch First Stratum V2 Bitcoin Mining Pool And Closes Venture Capital Investment"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><a href=\"https:\/\/x.com\/DEMAND_POOL\" target=\"_blank\" rel=\"noopener\">DMND<\/a> (\u201cDemand Pool\u201d), the world\u2019s first <a href=\"https:\/\/bitcoinmagazine.com\/business\/demand-launches-worlds-first-stratum-v2-bitcoin-mining-pool\">Stratum V2 Bitcoin mining pool<\/a>, has officially opened applications for miners to join as launch partners, according to a press release sent to Bitcoin Magazine. Successful applicants will receive 0% fees for the first two months and a special two-year founding miner agreement.<\/p>\n<p>In addition to the launch announcement, DMND also confirmed the successful closing of its venture capital financing in Q4 2024, led by <a href=\"https:\/\/tvp.fund\/\" target=\"_blank\" rel=\"noopener\">Trammell Venture Partners<\/a> (TVP).<\/p>\n<p>\u201cThe Bitcoin mining industry has a key problem which I\u2019ve pinpointed over my 10-year career: mining pool centralization,\u201d said <a href=\"https:\/\/bitcoinmagazine.com\/business\/demand-pools-ceo-says-the-time-to-decentralize-bitcoin-mining-is-now\" data-type=\"link\" data-id=\"https:\/\/bitcoinmagazine.com\/business\/demand-pools-ceo-says-the-time-to-decentralize-bitcoin-mining-is-now\">Alejandro de la Torre<\/a>, DMND co-founder and CEO. \u201cThis 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\u2014the world\u2019s first Stratum V2 pool\u2014we help combat this problem \u2013 a historic moment in Bitcoin.\u201d<\/p>\n<p>Stratum V2 represents a major evolution in Bitcoin mining, offering enhanced decentralization, privacy, and security by enabling miners to construct their own block templates. Unlike traditional mining pools, where pool operators dictate transaction selection, Stratum V2 shifts control back to miners.<\/p>\n<p>DMND\u2019s pool implements end-to-end encryption to prevent hashrate hijacking, ensuring greater security for mining operations. Additionally, its SLICE payment system introduces auditable transactions and no hidden fees, guaranteeing maximum miner payouts in a fair and transparent manner.<\/p>\n<p>The mining industry has long struggled with opaque fee structures and centralized block construction. DMND\u2019s implementation of Stratum V2 and the SLICE payment system aims to address these issues, ensuring fairer payouts and greater control for miners while reinforcing Bitcoin\u2019s decentralization.<\/p>\n<p>\u201cThe mining pool industry is one where murky fee payouts and relative centralization have become the norm,\u201d said Christopher Calicott, TVP\u2019s managing director and founding partner. \u201cBy 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\u2014from small home miners to publicly traded giants\u2014will all work to enhance Bitcoin\u2019s decentralization.\u201d<\/p>\n<p>Mining operators interested in contributing to the first-ever Stratum V2 block can apply via DMND\u2019s official <a href=\"https:\/\/www.dmnd.work\/upcoming\/\" target=\"_blank\" rel=\"noopener\">website<\/a>. Applications for launch participants will close on March 28, 2025, at midnight PST.<\/p>\n<p>For more information on DMND and the Stratum V2 mining pool, visit their <a href=\"https:\/\/www.dmnd.work\/\" target=\"_blank\" rel=\"noopener\">website<\/a>. You can also read more about the importance of Stratum V2 Bitcoin mining <a href=\"https:\/\/bitcoinmagazine.com\/business\/stratum-v2-will-save-bitcoin-mining\">here<\/a>.<\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/news\/dmnd-to-launch-first-stratum-v2-bitcoin-mining-pool-and-closes-venture-capital-investment\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] DMND (\u201cDemand Pool\u201d), the world\u2019s first Stratum V2 Bitcoin mining pool, has officially opened applications for miners to join as launch partners, according to<\/p>\n","protected":false},"author":1,"featured_media":272521,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[172],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/272520"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=272520"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/272520\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/272521"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=272520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=272520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=272520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}