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Market News

Marathon Digital Launches ‘Slipstream’ For Bitcoin Transactions

For large or unusual Bitcoin transactions, the new service ought to expedite the process.

Written By Jalpa Bhavsar
Published 2024-02-23·Updated 3 years ago
Make The Crypto Times preferred on GoogleGoogle
Marathon Digital Launches 'Slipstream' for Bitcoin Transactions

The Las Vegas, Nevada-based Bitcoin mining and digital asset technology startup Marathon Digital Holdings recently introduced “Slipstream,” a new direct Bitcoin transaction submission service.

Large or unusual Bitcoin transactions will now be facilitated and expedited by the new service, which was created and put into operation.

Larger or more complicated Bitcoin transactions typically take longer to process than simpler ones because they can’t fit on the blockchain. For organizations or individuals who deal frequently and in big quantities, this can be annoying.

A press release states, “While direct transaction submission services exist, most are rudimentary. Slipstream provides sophisticated users with a simple, transparent, and trusted means of adding complex Bitcoin transactions to the blockchain, provided they adhere to Bitcoin’s protocol. Marathon is uniquely capable of offering these services because of our scale, our mining pool, and our team’s technological expertise.”

One of the biggest and busiest Bitcoin miners worldwide is Marathon Digital. It mined 1,853 BTC in December 2023, setting a corporate record. This marked the end of a year in which the business mined 12,852 Bitcoins, or more than half a billion dollars.

Also Read: Marathon Digital to Report Q4 and FY 2023 Earnings on Feb 28

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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