Bitcoin mining pools with 75% of BTC hashrate join open standard for block construction
Key takeaways
- Foundry, AntPool, F2Pool, SpiderPool, MARA Pool, Block Inc, and DMND have all joined the Stratum V2 working group, the group announced last week.
- Stratum V2 is an open-source protocol governing how mining pools communicate with the individual miners in those pools.
- Foundry alone controls 34.2% of global bitcoin hashrate, AntPool another 14.2%, F2Pool 11.3%, and SpiderPool 10.5%, with MARA Pool adding 4.7%, per Hashrate Index data.
Foundry, AntPool, F2Pool, SpiderPool, MARA Pool, Block Inc, and DMND have all joined the Stratum V2 working group, the group announced last week.
Stratum V2 is an open-source protocol governing how mining pools communicate with the individual miners in those pools. The biggest practical change it introduces is letting individual miners construct their own block templates, meaning the choice of which transactions get included in each new block sits with the miner rather than whoever operates the pool.
Foundry alone controls 34.2% of global bitcoin hashrate, AntPool another 14.2%, F2Pool 11.3%, and SpiderPool 10.5%, with MARA Pool adding 4.7%, per Hashrate Index data. Together with the rest of the Stratum V2 signatories, the seven pools now backing the standard represent close to 75% of all bitcoin hashrate.