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

DMND, a new mining pool built around Stratum V2 which began taking applicants for a soft private launch earlier this year, is now open for all miners to create accounts. Miners can register here to begin onboarding.

DMND’s full public launch comes after a successful SOC 2 Type 2 audit, proving compliance with security policies necessary for large scale miners.

“With our SOC 2 Type 2 compliance and streamlined business verification practices, the DMND pool is built for operators who value security, transparency, and professional-grade standards,” said DMND Co-Founder & CEO, Alejandro De La Torre. “Combined with miner-controlled block construction, we’re enabling miners to reclaim meaningful control over the network.”

Stratum V2 support takes a significant step on the road to further decentralization of different functionality in the mining industry, namely block template construction, the process of selecting transactions to include in the block being mined.

Stratum V2 provides a mechanism to defend Bitcoin’s censorship resistance, allowing individual miners to produce their own block templates while mining with supporting pools (as well as sourcing templates from any third party provider they choose who is operating Stratum V2). Additionally, Stratum V2’s end-to-end encryption protects miners from hashrate hijacking attacks which can silently siphon a miner’s revenue.

DMND’s public launch provides miners with another step forward for Stratum V2 on the network, and for progress towards improving the mining ecosystem’s level of decentralization.

This post DMND Pool Now Open To All Miners, With SOC 2 Compliance and Stratum V2 Support first appeared on Bitcoin Magazine and is written by Shinobi.