DMND Pool Now Open To All Miners, With SOC 2 Compliance And Stratum V2 Support

DMND, a brand new mining pool constructed round Stratum V2 that began taking candidates for a mushy personal launch earlier this 12 months, is now open to all miners to create accounts. Miners can register here to start out onboarding.

The total public launch of DMND comes after a profitable SOC 2 Sort 2 audit, demonstrating compliance with safety insurance policies mandatory for large-scale miners.

“With our SOC 2 Sort 2 compliance and streamlined enterprise verification practices, the DMND Pool is constructed for operators who worth safety, transparency {and professional} requirements,” mentioned Alejandro De La Torre, co-founder and CEO of DMND. “Mixed with miner-controlled block constructions, we allow miners to regain significant management over the community.”

Assist for Stratum V2 takes an vital step in direction of additional decentralization of assorted functionalities within the mining business, specifically the development of block templates, the method of choosing transactions to incorporate within the block being mined.

Stratum V2 supplies a mechanism to defend Bitcoin’s censorship resistance, permitting particular person miners to provide their very own block templates whereas mining with help swimming pools (and likewise buy templates from every exterior supplier they select who manages Stratum V2). Moreover, Stratum V2’s end-to-end encryption protects miners from hashrate hijacking attacks who can quietly siphon off a miner’s earnings.

The general public launch of DMND supplies miners with one other step ahead for Stratum V2 on the community, and progress in direction of enhancing the extent of decentralization of the mining ecosystem.