Bitcoin Mining Pools Join Stratum V2 Initiative

Seven Major Bitcoin Mining Pools Join Stratum V2 Working Group

• AntPool, Block Inc., F2Pool, Foundry, MARA Foundation, SpiderPool, and DMND have joined the Stratum V2 working group to improve the communication protocol for Bitcoin mining.
• Stratum V2 introduces end-to-end encryption and allows individual miners to construct their own block templates.
• The protocol could increase miner profitability by up to 7.4% due to reduced latency and improved data handling.
• AntPool and F2Pool alone represent about 25-35% of global Bitcoin mining capacity.
• The working group aims for a vendor-neutral open standard with significant industry participation.

The inclusion of major pools in the Stratum V2 working group marks a significant shift towards enhanced security and efficiency in Bitcoin mining operations, potentially boosting profitability by up to 7.4%.