DMND, the first Stratum V2 Bitcoin mining pool, has launched its application phase for miners, offering 0% fees for initial months. Stratum V2 aims to combat mining pool centralization. The pool enables miners to create their own blocks, enhancing decentralization and control. DMND has secured VC funding from Trammell Venture Partners, signalling industry confidence. It also implements SLICE, ensuring transparent, auditable payments free from hidden fees, addressing historical issues of opaque fee structures in mining pools.
"Success in the mining industry is often tied to how centralized the pools are, leading us to the need for more decentralized solutions like Stratum V2."
"By introducing the SLICE payment system, we ensure that miners have visibility and control over their earnings, contrasting significantly with traditional pool models that obscure fees."
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