Decentralized Bitcoin mining pool Mummolin completes $6.2 million seed round financing, led by Block CEO Jack Dorsey
ChainCatcher news, the decentralized Bitcoin mining pool Mummolin, based in Wyoming, announced the completion of a $6.2 million seed round financing, led by Block CEO Jack Dorsey, with other notable investors including Accomplice, Barefoot Bitcoin Fund, MoonKite, NewLayer Capital, and Bitcoin Opportunity Fund. This funding will drive the launch of the OCEAN mining pool.
The OCEAN mining pool is the first transparent and non-custodial platform, allowing miners to receive block rewards directly from coinbase transactions, thereby eliminating the risks associated with traditional pools withholding payments from individual miners.
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