Foundry’s Bold Move: Merging Mining and Bitcoin’s Future! 💰🚀

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Ah, Foundry! The titan of Bitcoin mining, the behemoth that looms over the digital landscape, has decided to sprinkle a little magic dust on Rootstock. Yes, dear reader, they are diving into the murky waters of “merge mining” to fortify Rootstock’s defenses. Imagine, if you will, a world where computational power flows like a river, yet energy consumption remains as low as a cat on a hot tin roof! 🐱‍👤

Hold onto your hats, folks! Foundry, the grandmaster of Bitcoin mining, is now merge mining Rootstock! 🎩✨

With a staggering 80% of Bitcoin’s hash rate now guarding Rootstock, it seems our dear DeFi layer has just bulked up on security. Who knew Bitcoin could hit the gym? 💪

Welcome aboard, @FoundryServices! We hope you brought snacks! 🍕

— Rootstock (@rootstock_io) February 6, 2025

Foundry’s Security Upgrade: A Shield for Rootstock Transactions

Merge mining, my friends, is like a two-for-one sale at your favorite store. Miners can now juggle multiple cryptocurrencies, provided they share a common hashing algorithm. So, while Foundry continues to flex its muscles securing the Bitcoin network, it can also cradle Rootstock in its powerful embrace, all while sipping a piña colada on the beach of efficiency and earnings! 🍹

But wait! To pull off this grand feat, Foundry plans to inject a whopping 200 exahashes per second into Rootstock. That’s right, 740 EH/s of sheer computational might, nearly 80% of the total power that keeps Bitcoin safe from the clutches of evil! ⚡️

In the grand scheme of things, Foundry is convinced that this move will transform Rootstock transactions into fortresses, warding off cyberattacks and the dreaded double spending. Because who needs those pesky problems, right? 🙄

A Win-Win Situation: Everyone’s a Winner!

Now, while Rootstock is basking in the glow of this new alliance, let’s not forget our dear Foundry. They’ve stumbled upon a treasure chest of revenue! Miners who join the merge mining party will pocket a delightful 79% of Rootstock’s transaction fees in rBTC, the Bitcoin of Rootstock. And the best part? No extra electricity costs! It’s like finding a $20 bill in your winter coat! 💵

Moreover, Rootstock will harness Foundry’s robust mining prowess to become a veritable fortress for smart contracts. Who knew that mining could be so… versatile? 🤔

And let’s not overlook Foundry’s grander ambitions. Bitcoin layer-2s like Rootstock are on a mission to elevate Bitcoin from a mere store of value to a bustling marketplace of financial applications and decentralized exchanges. With Foundry’s mining power, Rootstock is set to become a powerhouse of security and functionality, merging the best of both worlds! 🌍

In conclusion, this partnership is poised to catapult Bitcoin’s ecosystem into a new era, particularly in the realms of security and scalability. So, buckle up, dear reader, for the ride is just beginning! 🎢

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2025-02-06 20:33