A Message From Donald Ross: Unlex Mining Funds Bitcoin Developers to Improve Mining Pool Software

Joseph Manson
2 min readJan 10, 2021

We heard how much you loved the previous Business Operations & Strategy Manager at Unlex Group, Donald Ross, investor’s letter, so we decided to share with you the first email of this year.

Remember, such emails are usually considered private and this type of communication is available only for Unlex ICO investors:

Good morning.

Unlex Mining’s R&D department will now fund a bitcoin developer’s work on software that could improve how mining collectives pool hash power.

Our developer team will be reinforced with new team members and will receive additional funding to work on an implementation of Stratum V2, the next iteration of a Bitcoin mining protocol software developed by Braiins, a subsidiary of our partners, the Czech mining entity Slush Pool.

At the first management board’s work meeting of this year, the issue of profit investment was primary important.

This is what David Goldstein told us:

“We are excited to support the development of a high-quality open-source implementation of Stratum v2. This software will benefit mining by maximizing our revenue and providing more freedom and security.”

As you may know from your ICO contracts, some of our lead developers have previous experience working with Italian mining company Bitminer Factory.

Now we are looking for a team member that will be proficient in the Rust programming language, which will be used to code the upgrade. We are facing a large opportunity, so we can’t miss it.

Let me remind you what mining pool is: a collective of miners — from big industrial players like us to hobbyists farming in their basements — we combine our hash power to increase the chance of mining a block.

The Stratum software coordinates this pooled mining. The new edition, V2, will patch a handful of security flaws present in its 2012 predecessor while improving connection speeds between miners in the pool.

Let me once again congratulate you and wish you good luck this year.

Looking at the beginning of the year, we are in a very good position.

Yours,
Donald Ross
Business Operations & Strategy Manager
Unlex Mining Ltd, London

unlex.biz | ico.unlex.biz | unlex-mining.biz

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