Bitcoin Mining Giants Back Stratum V2: a Quiet Power Shift Could be Coming

Key Takeaways - Seven major Bitcoin mining players have joined the Stratum V2 Working Group. - Stratum V2 updates the way miners communicate with mining pools. - The protocol could let individual miners help decide which transactions enter Bitcoin blocks. - Large pools,... <p

Key Takeaways – Seven major Bitcoin mining players have joined the Stratum V2 Working Group. – Stratum V2 updates the way miners communicate with mining pools. – The protocol could let individual miners help decide which transactions enter Bitcoin blocks. – Large pools,…

cluding Foundry USA, AntPool, F2Pool, SpiderPool and MARA Pool, are part of the push. – The decentralization effect will depend on implementation, miner adoption and use of job negotiation. Bitcoin mining’s next decentralization fight may play out far from the price chart

Seven major mining players — ANTPOOL, Block, DMND, F2Pool, Foundry, MARA Foundation and SpiderPool — have joined the Stratum V2 Working Group, giving fresh momentum to an open standard designed to change how miners and pools communicate. The announcement may sound like infrastructure housekeeping. Its consequences could be larger.

Stratum V2 targets one of the quieter power centers in Bitcoin mining: control over block templates. In plain terms, it could give individual miners more influence over which transactions make it into Bitcoin blocks. For users, that could mean a Bitcoin network less dependent on a handful of large pool operators when transactions are selected.

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