DMND Launches First Stratum V2 Bitcoin Pool, Backed by VC

Here’s the rewritten content:
DMND, affectionately known as “Demand Pool,” is shaking up the Bitcoin mining world! They’ve just launched, becoming the very first Stratum V2 Bitcoin mining pool out there. And guess what? They’re now open for applications from miners looking to jump onboard as launch partners, as revealed in a press release shared with Bitcoin Magazine. If you’re lucky enough to be selected, you’ll be mining fee-free for the first two months and lock in a special founding miner agreement for two whole years!
Adding to the excitement, DMND has also confirmed that they successfully wrapped up their venture capital funding round in the last quarter of 2024. The funding was spearheaded by the savvy folks at Trammell Venture Partners (TVP).
Alejandro de la Torre, DMND’s co-founder and CEO, explains the driving force behind this innovation: “After a decade in the Bitcoin mining trenches, I’ve seen a persistent issue: mining pool centralization. That’s why Stratum V2 isn’t just an upgrade; it’s essential. SV2 puts the power back in the hands of individual miners, letting them build their own blocks and truly decentralize Bitcoin mining. Launching DMND pool, the pioneer in Stratum V2, is our answer to this challenge – it’s a real milestone for Bitcoin!”
Stratum V2 is a game-changer for Bitcoin mining. Think of it as a major step forward, boosting decentralization, strengthening privacy, and ramped up security. How? By empowering miners to craft their own block templates. Forget the old way where pools decided everything – Stratum V2 hands control back to the miners themselves.
DMND’s pool goes even further with end-to-end encryption, acting as a fortress against hashrate hijacking, keeping your mining operations super secure. Plus, their innovative SLICE payment system brings everything out into the open with auditable transactions and saying goodbye to hidden fees. It’s all about making sure miners get the maximum possible payouts, fairly and transparently.
For too long, the mining industry has been clouded by unclear fee structures and too much power concentrated in block construction. DMND, with its Stratum V2 implementation and SLICE payment system, is directly tackling these problems. The goal? Fairer rewards, more control for miners, and ultimately, a stronger, more decentralized Bitcoin network.
Christopher Calicott, TVP’s managing director and founding partner, sums it up perfectly: “The mining pool scene has become known for murky payouts and centralized control. DMND is about to turn that on its head. By giving mining operators the tools to securely and privately design their own block templates and ensuring crystal-clear, fair payments, DMND is ushering in a new era for mining. From the smallest home setups to the biggest public companies, every mining operator will have a chance to bolster Bitcoin’s decentralization.”
Ready to be part of the Stratum V2 revolution and contribute to mining the first-ever Stratum V2 block? Mining operators who are interested can apply through DMND’s official website. Don’t delay – applications for this exclusive launch partner opportunity close on March 28, 2025, at midnight PST!
Want to dive deeper into DMND and their pioneering Stratum V2 mining pool? Head over to their website. And if you’re keen to learn more about why Stratum V2 Bitcoin mining is so important, you can find more information right here.