DMND, a newly launched mining pool built around the Stratum V2 protocol, is now open for all miners to create accounts and participate. The pool had a soft private launch earlier this year, involving a limited group of applicants, but has now fully opened following the successful completion of a SOC 2 Type 2 audit. This audit verifies compliance with essential security policies required by large mining companies, demonstrating that the pool operates with high standards of safety, transparency, and professionalism to meet the needs of large-scale miners. The inclusion of Stratum V2 support marks a significant step toward greater decentralization in the mining industry, particularly regarding block template creation. Stratum V2 enables miners to customize block templates regardless of which pool they work with or whether they obtain templates from third-party providers. Additionally, its end-to-end encryption protects miners from attacks such as hash rate hijacking, which can steal miners’ earnings. The public availability of DMND represents a positive advancement for expanding the Stratum V2 network and enhancing decentralization within the mining ecosystem, offering miners increased control and security in alignment with the fundamental principles of cryptocurrency.
Source: bitcoinmagazine