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Foundry, the sector’s greatest Bitcoin mining pool by way of hashrate, has introduced it’s diversifying its operations and bolstering the protection Bitcoin layer-2 community Rootstock thru merge mining.
Merged mining permits miners to concurrently mine two or extra cryptocurrencies that make use of the similar hashing set of rules with out compromising the entire mining potency.
The transfer injects 740 exahashes according to 2d — more or less 80% of the entire computing energy lately securing the Bitcoin community — to safe Rootstock transactions.
For Foundry, this represents a brand new income alternative, as Bitcoin mining swimming pools opting for to merge mine earn 79% of Rootstock’s transaction charges paid in rBTC, whilst leveraging their current Bitcoin mining infrastructure.
Via merge mining, Foundry complements Rootstock’s safety with out further power prices, contributing to a extra tough and cutting edge Bitcoin ecosystem. Rootstock is a Bitcoin layer-2 community that leverages the community’s safety whilst bringing in sensible contract capability and Ethereum Digital Device compatibility.
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