Applications for launch partner miners of the DMND pool based on Stratum V2 are open until March 28.
Demand Pool (DMND) has officially opened applications for miners interested in becoming launch partners for the first mining pool based on the Stratum V2 protocol.
Alejandro de la Torre, co-founder and CEO of DMND, stated:
“The Bitcoin mining industry has a key problem which I’ve pinpointed over my 10 year career: mining pool centralization. This 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—the world’s first Stratum V2 pool—we help combat this problem – a historic moment in Bitcoin.”
Advantages of mining with Stratum V2
DMND Pool not only implements the Stratum V2 protocol but also integrates features like end-to-end encryption to prevent hashrate hijacking. The SLICE payment system ensures maximum earnings with fully transparent transactions, all backed by open-source security.
With Stratum V2, the company—backed by venture capital firm Trammell Venture Partners (TVP) in a Q4 2024 funding round—aims to decentralize mining by enabling individual miners to create their own block templates.
On X, Trammell Venture Partners (TVP) commented:
“Today, the 3 largest bitcoin mining pools make up nearly 70% of total hashrate. And behind the scenes, several pools are proposing identical block templates. This is an area of concern for Bitcoin’s decentralization.”
Opportunities for early miners
Miners selected as launch partners will benefit from special conditions: 0% fees for the first two months and a two-year “founding miner” agreement. Applications will remain open until midnight (PST) on March 28, 2025.
