Wednesday, May 29, 2024
HomeTechnologyDFG and Titan join hands to make Bitcoin mining efficient

DFG and Titan join hands to make Bitcoin mining efficient

DFG and Titan have formed a strategic relationship that will provide Bitcoin miners with powerful options for increasing their efficiency. Titan Mining has received a $250,000 private investment from Digital Finance Group (DFG), a worldwide blockchain and crypto investment organisation.

DFG will be able to support the burgeoning crypto mining business thanks to its strategic relationship with the next generation Bitcoin mining pool, the company informed CryptoSlate. DFG will use Titan Mining’s expertise to gain a deeper grasp of the crypto mining sector as part of the agreement. Titan Mining has been working to decentralise and grow cryptocurrency mining. Titan, being an enterprise-grade pool, allows miners to boost their efficiency and scalability while paying a single fee.

Titan has been working on its proprietary Lumerin Protocol to further solidify its position in the mining business. The protocol includes a smart contract-driven hash power marketplace, which allows miners to purchase and sell computational power in order to maximise mining efficiency. Titan Mining will be able to increase its development efforts and become the industry standard when it comes to decentralising hash power as a result of its relationship with DFG.

That’s all from this new partnership. Have a productive day, reader.

Kunal Krishan
Kunal Krishan
Kunal is an investment space writer who firmly believes investment is something which should not be a choice but a part of everyone's life.


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