Foundry, the world’s largest Bitcoin mining of Hashrate, has announced that it diversifies its operations and strengthens the security bitcoin-layer-2 network’s rootstock through Merge Mining.

Merged mining allows miners at the same time my two or more cryptocurrencies use the same hash algorithm without compromising on the overall mining efficiency.

The move injects 740 Exahashes per Second – approx. 80% of the total computing power currently ensuring the Bitcoin network -to secure rootstock transactions.

For Foundry, this represents a new revenue option, as Bitcoin mining pools that choose to merge mine earn 79% of Rootstock’s transaction fees paid in RBTC while utilizing their existing Bitcoin mining infrastructure.

By merging mining, Foundry Rootstock improves safety without additional energy costs, contributing to a more robust and innovative bitcoin ecosystem. Rootstock is a bitcoin-layer-2 network that utilizes the security of the network while bringing in Smart Contract Functionality and Ethereum Virtual Machine Compatibility.