Foundry, the largest Bitcoin mining pool, has announced that it will be diversifying its operations by merge mining with the Bitcoin layer-2 network, Rootstock. Merge mining allows miners to simultaneously mine multiple cryptocurrencies using the same algorithm without reducing efficiency. This move will contribute 740 exahashes per second to secure Rootstock transactions, making up about 80% of the total computing power securing the Bitcoin network. Foundry stands to benefit from this by earning 79% of Rootstock's transaction fees paid in rBTC, while utilizing its existing Bitcoin mining infrastructure. This will enhance the security of Rootstock without additional energy costs, fostering a stronger and more innovative Bitcoin ecosystem. Rootstock is a layer-2 network that combines the security of Bitcoin with smart contract capabilities and compatibility with the Ethereum Virtual Machine.



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