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BitPay and Bitmain Technologies to develop mining software together

BitPay and Bitmain Technologies to develop mining software together

BitPay, the developer of cryptocurrency payment systems, and Bitmain Technologies, mining hardware developer have partnered for joint development of mining software, news.bitcoin.com reports.

It is reported that the agreement is a multi-million dollar one.

According to BitPay CEO Stephen Pair, there is an untapped market of mining companies that require more advanced platforms for their businesses than are available today.

The companies plan to improve the security of blockchain transactions and enrich blockchain functionality in e-payments.

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