Recent solid developments have been circulating within the industry: seven major Bitcoin mining pools, including AntPool and F2Pool, have officially united to join the Stratum V2 working group. The entire Bitcoin mining sector is set to undergo a major overhaul of its core rules.

In the past with the Stratum V1 protocol, the core authority over mining was entirely in the hands of the mining pools, controlling block transaction packaging and template construction. Miners could only passively follow instructions, which not only consumed a lot of bandwidth but also constantly faced the risk of hash power hijacking, with very little say in the process.

This time, the implementation of the V2 protocol directly overturns the old model. With end-to-end encryption, the bandwidth usage at both the pool and miner ends is significantly reduced. More importantly, miners can finally independently select block transactions and build block templates on their own, no longer restricted unilaterally by pools. Practical tests show that this new protocol can directly increase miners' earnings by 7.4%, a tangible benefit.

The collective support from these leading pools signifies that Bitcoin mining is officially transitioning to a new generation of open-source protocols. The industry is moving toward greater decentralization and fairness. Once the protocol is fully implemented, the entire mining ecosystem's profit distribution and industry order will undergo new changes. #BTC重返8万 $BTC $ETH