Blockchain and cryptocurrency tech firm DMG Blockchain Solutions has change into the primary Canadian Bitcoin miner to hitch the MaraPool mining pool.
MaraPool is a U.S.-based Bitcoin mining pool that’s totally audited by a third-party agency within the U.S. As of Sept. 13 DMG will start pointing all of its hashrate in direction of the MaraPool. Upon DMG being the primary to hitch, MaraPool will then be open to further Bitcoin mining firms.
Sheldon Bennett, DMG Blockchain’s CEO, stated, “Marathon has persistently remained on the forefront of not solely scaling however professionalizing the Bitcoin mining {industry},” DMG Blockchain CEO Sheldon Bennett stated. “Their mining pool, which leverages our industry-leading software program, is not any totally different. Whereas many mining swimming pools lack transparency and accountability, MaraPool excels at each. We imagine that being the primary to hitch reveals our confidence in MaraPool, and we look ahead to others becoming a member of and benefiting from MaraPool as nicely.”
“After experiencing difficulties with mining swimming pools outdoors the U.S., we determined to launch our personal pool that might replicate the values and desires of enterprising North American Bitcoin miners,” stated Fred Thiel, Marathon’s CEO. “After many months of testing, we’ve now opened the pool to different Bitcoin miners that share our beliefs and our need to enhance miners’ processes. DMG Blockchain has lengthy been an innovator on this regard, having labored intently with us on this initiative, and we’re happy to welcome them to MaraPool.”
DMG to Current at H.C. Wainwright twenty third Annual Funding Convention
Bennett will current on the H.C. Wainwright twenty third Annual World Funding Digital Convention, which is being held nearly Sept. 13 – 15, 2021. He’ll ship the company presentation, which can change into obtainable starting Sept. 13 at 7 a.m. ET.