Unbelievable! Mining Giant Foundry Takes Bitcoin Security to New Heights! 🚀

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What to know:

  • Foundry, the world’s largest Bitcoin mining pool, is boosting Rootstock’s security with a staggering 740 exahashes per second. Yes, you read that right! 😲
  • Mining pools that opt for the delightful merge mining with Rootstock can pocket a whopping 79% of Rootstock’s transaction fees, all paid in rBTC. Cha-ching! 💰

Ah, Foundry! The behemoth of Bitcoin mining pools, reigning supreme by hashrate, has decided to sprinkle a little magic dust on the Bitcoin layer-2 network, Rootstock, through the artful dance of merge mining. Who knew mining could be so… romantic? 💕

Now, what is this enchanting merge mining, you ask? It’s a clever little trick that allows miners to simultaneously mine two or more cryptocurrencies that share the same hashing algorithm, all while maintaining the grace and poise of mining efficiency. Talk about multitasking! 🕺

This audacious move injects a jaw-dropping 740 exahashes per second into the mix—approximately 80% of the total computing power currently securing the Bitcoin network. It’s like throwing a party and inviting all the cool kids! 🎉

For Foundry, this isn’t just a whimsical adventure; it’s a golden opportunity for revenue. Bitcoin mining pools that choose to merge mine can rake in 79% of Rootstock’s transaction fees, all while lounging on their existing Bitcoin mining infrastructure. Who knew mining could be so lucrative? 💸

By embracing the art of merge mining, Foundry not only enhances Rootstock’s security but does so without incurring additional energy costs. It’s a win-win for a more robust and innovative Bitcoin ecosystem. Rootstock, the charming Bitcoin layer-2 network, leverages the security of Bitcoin while introducing the delightful world of smart contracts and Ethereum Virtual Machine compatibility. What a time to be alive! 🌟

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2025-02-06 17:21