DMND, the First Stratum V2 Bitcoin mining pool, Raises Undisclosed Investment from Trammell Venture Partners

March 18, 2025

DMND has announced the official launch of its Stratum V2 Bitcoin mining pool, marking a shift in how miners participate in block creation. The company is inviting mining operators to apply as launch partners, offering an initial two-month fee waiver and a two-year founding miner agreement. In parallel with this launch, DMND has finalized a venture capital funding round in the fourth quarter of 2024, with Trammell Venture Partners (TVP) leading the investment.

Stratum V2 introduces a new framework for mining operations by enabling miners to construct their block templates instead of relying on centralized pool operators for transaction selection. This approach enhances decentralization, privacy, and security within the Bitcoin mining ecosystem. DMND’s pool integrates encryption measures to mitigate risks such as hashrate hijacking, while the SLICE payment system provides transparent, verifiable transactions without hidden charges.

The mining sector has faced longstanding challenges related to centralized control and non-transparent fee structures. By adopting Stratum V2, DMND aims to address these concerns, offering miners greater autonomy over their operations. The company has opened applications for participation in the first Stratum V2 block, with submissions accepted until March 28, 2025, at midnight PST.

About DMND

DMND, also known as Demand Pool, is a Bitcoin mining pool built to implement Stratum V2, a protocol designed to decentralize mining processes. The platform prioritizes security through encryption and ensures transparent miner compensation via an auditable payment system. DMND’s goal is to reshape the efficiency and fairness of Bitcoin mining.

Website: https://www.dmnd.work/

X: @DEMAND_POOL

About Investor

Trammell Venture Partners

Trammell Venture Partners (TVP) is a venture capital firm specializing in early-stage investments in Bitcoin-focused technologies. The firm supports companies working on solutions that advance decentralization, privacy, and security in blockchain networks.

Location: Austin, Texas

Website: https://tvp.fund/

A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.