Wednesday, July 24, 2024

This cryptocurrency fund and mining company are collaborating to decentralise and improve Bitcoin mining.

DFG announced its plans to develop a strategic partnership with Titan Mining. The goal is to offer better solutions to bitcoin miners and improve their mining efficiency.

Efficient and Decentralized Mining

Digital Finance Group is a global crypto and blockchain investment company. It will invest $250,000 in Titan that offers mining solutions to the miners. This partnership will allow DFG to serve the mining industry better. DFG will use the know-how of Titan to better understand the mining industry. Titan’s goal is to build and decentralize mining of cryptocurrencies. Its enterprise-level mining pool, Titan Pool allows miners to scale their operations at a low cost and while maintaining efficiency.

Improved Mining Efficiency

This partnership will benefit Titan Mining as well. Lumerin Protocol is its proprietary solution for the hashpower marketplace where smart contracts enable miners to sell and buy computing power and achieve maximum efficiency. With this partnership, it plans to develop more and better solutions to become an industry standard for decentralized hashpower.

Titan Mining CEO Ryan Condron said that this partnership with DFG allows him to access a well-developed network. The new projects and solutions that come out of this partnership will benefit the whole industry, according to him. CEO and founder of DFG, James Wo said that this joint venture is significant for DFG. His company has made this strategic investment to strengthen DFG’s effort in building important service providers and teams

Established in 2015, DFG is a global cryptocurrency and blockchain investment company. Currently, it manages assets worth more than $1 billion. Its research and investment team is focused on discovering and creating value. Analytical research is used to find most promising and valuable blockchain and Web 3.0 projects.

Titan Mining offers powerful services and software for mining at scale. Its solutions Titan Network lets traders buy, sell and trade hashpower. The Titan Pool is a next generation, efficient and transparent mining pool. The Titan Software improves mining operations.

Cryptured Team
Cryptured Team
The writers team at Cryptured.com is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.
RELATED ARTICLES

Most Popular