DMG Blockchain Solutions acquires Reactor.xyz to offer hashrate contracts

DMG Blockchain Solutions (DMGGF) has announced its acquisition of Reactor.xyz from Navier. Reactor is a highly-optimized solution to automate and manage hashrate contracts. Specifically unique to the software, for which there are several patent applications, is its balancing algorithm that assures hashrate delivery. A hashrate contract allows Bitcoin miners – who typically sell hashrate directly to a pool – to sell their hashrate to buyers willing to pay upfront for a specified term. These buyers are often incentivized by a discount compared to what the sellers would typically earn in bitcoin payouts over the contract period. For sellers, this arrangement provides faster access to payment, serving as a valuable treasury management tool akin to factoring receivables. Reactor’s key enabling technology assures that the hashrate transferred from seller to buyer meets the contract’s requirements for the entirety of its term. This technology allows for highly granular hashrate delivery, ranging from 100 TH/s to over 1 EH/s. Having been developed and operating over the past several years, Reactor is a proven solution. Terra Pool is an ideal platform to significantly expand Reactor’s reach. With Terra Pool having the ability to offer a large hashrate supply powered by carbon neutral energy, buyers will have access to a much larger supply than previously available. Furthermore, DMG believes that carbon neutral bitcoin may command a premium, and the same advantage could apply to carbon neutral hashrate. Terra Pool clients would thus have the option to either mine carbon neutral bitcoin or sell carbon neutral hashrate contracts, offering multiple avenues to benefit from participating in a carbon neutral pool.