Titan develops software and services for crypto mining at scale and operates North America’s first enterprise-grade mining pool. Its Lumerin Protocol is a peer-to-peer platform that makes Bitcoin/POW hashrate a tradable, liquid financial asset by routing data streams via smart-contract rules and integrating real-time oracles. The protocol aims to create a global marketplace for hashpower—effectively a DEX/DeFi for Bitcoin and POW crypto-hashpower—enabling miners and buyers to trade compute power and access services such as lending, custody, OTC, and derivatives. Titan positions this approach as a way to unlock mining profitability, provide greater access to capital, and decentralize the mining ecosystem to improve security. The company highlights an experienced founding team including Ryan Condron, Jeff Garzik, and Matthew Roszak, citing prior mining-pool innovation as part of its technical pedigree. Titan was founded in September 2018 and is based in Chicago. Titan develops software and services aimed at advancing Bitcoin mining at scale, including advanced mining management software and North America’s first enterprise-grade mining pool. The company says its offerings help mining companies achieve efficiency, profitability, and growth. Titan has run high-volume tests of the Titan Pool and reports that CoinMint and CoreScientific have agreed to join the pool. The company is preparing to launch a closed beta of the Titan Pool in January 2021. Titan was founded in September 2018 by Ryan Condron, Jeff Garzik and Matthew Roszak and is headquartered in Chicago. It is currently conducting a seed fundraising round and has received a strategic investment from Coinbase Ventures; terms of the investment are undisclosed.

Total raised

$6M

Funding rounds

2

Latest round

Equity

Latest activity

Nov 2021