CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Moralis Money
crypto.news 2025-04-24 18:40:19

Fractal Bitcoin secures 93% of Bitcoin’s hashrate after Foundry joins

Bitcoin’s layer 2 scaling solution, Fractal Bitcoin, significantly increased its network security by onboarding one of the largest crypto mining pools. Fractal Bitcoin (FB) , a layer 2 scaling solution for the Bitcoin (BTC) network, recently secured a major win in terms of its security. On Thursday, April 24, the project managed to secure Foundry, one of the largest Bitcoin mining pools, to also start mining FB. 🔓 Milestone unlocked: @FoundryServices is now merged mining Fractal via our innovative Cadence Mining. ✅ >719 EH/s now merged mining Fractal ✅ Better network security with 93% of Bitcoin’s hashrate merged mining it ✅ Support for miners without needing new hardware pic.twitter.com/kPefEZ8Lyl — Fractal Bitcoin (@fractal_bitcoin) April 24, 2025 With Foundry’s integration, Fractal Bitcoin has now achieved 93% of Bitcoin’s hash rate. This means that 93% of the computing power used to mine Bitcoin is now also used to mine Fractal Bitcoin. According to the project, this makes it the most secure Bitcoin-compatible network out there. You might also like: Bitcoin mining showed strong growth in 2024 despite halving: report This is in line with its goals to leverage Bitcoin’s security while also maintaining the scalability necessary to power complex DeFi applications. How Fractal Bitcoin convinced miners to join Most crypto miners use their resources to mine on several chains, such as Bitcoin, Litecoin, Doge, or Monero. This is despite the fact that mining on each network typically requires separate computing and energy resources. Still, depending on token prices and mining difficulty, it is advantageous to split resources. Fractal and Bitcoin use the same hashing algorithm, SHA-256. Notably, networks that use the same hashing algorithm support merged mining. This means that miners can secure both networks at once, using the same computing power they would when securing just one chain. You might also like: Tether to deploy hashrate on Bitcoin mining pool OCEAN For this reason, Fractal Bitcoin can easily onboard Bitcoin miners who can get additional rewards without much cost. However, Bitcoin miners don’t get all the rewards, as Fractal Bitcoin uses the Cadence Mining model. This model splits block rewards between merged and permissionless mining, with one-third of the rewards going to Bitcoin miners. The other two-thirds go to anyone with the right hardware. This broadens access, as potential miners don’t have to rely on costly BTC mining infrastructure. Read more: Bitcoin mining in 2025: How to maximize profits with cost-effective cloud mining

https://www.digistore24.com/redir/325658/ceobig/
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约