Sep 14, 2024

What is Merge Mining Fractal Bitcoin?

On September 9, 2023, Fractal Bitcoin was launched — an innovative project aimed at increasing miner profitability by utilizing the well-tested Bitcoin Core code. Fractal Bitcoin represents a new cryptocurrency that can be mined simultaneously with Bitcoin, making the mining process more lucrative for miners. Using the mechanism of merge mining, devices operating on the SHA-256 algorithm can now simultaneously mine two coins: Bitcoin and Fractal Bitcoin (FB). How does this work? Every third block mined on a miner goes to Fractal Bitcoin. This means that Bitcoin miners will receive rewards not only for their work in the BTC network but also for the blocks they mine in the FB network. The other two blocks will be awarded to miners specifically focused on fractal mining.

The support for this project has been announced by major mining pools such as Antpool and f2Pool, highlighting significant interest from the industry. Thanks to this innovation, miner profitability has increased by 20%, even amid a 3.58% rise in mining difficulty in the Bitcoin network. This demonstrates that merge mining indeed creates additional opportunities for profitable mining.

Fractal tokens, denoted as FB, are limited in supply — a total of 210 million coins will be released, with 50% of them available for mining. This creates a distribution strategy in which the tokens are likely to become more valuable as demand rises.

Thus, Fractal Bitcoin represents an intriguing step in the evolution of cryptocurrencies, allowing miners to significantly boost their earnings without the need for additional investments in equipment or resources. This project underscores how innovative approaches can change traditional earning methods in the crypto industry, offering functionality that distinguishes it from other opportunities in the market. Fractal Bitcoin opens new horizons for miners, providing a solution that could change the game in the world of digital currencies.

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