5 reasons miners benefit from Stratum v2:
1. Authentication and encryption. Don't let your hash rate be stolen. Even if you aren't concerned about this, your auditors and investors likely will be.
2. Less bandwidth-intensive protocol (binary vs. JSON); reduce stale shares and works better in poor internet situations
3. Ensure your pool isn't inserting transactions and not sharing out-of-band fee payments. It is becoming more topical with the increase in usage of transaction accelerators and non-standard transaction inclusion. Eliminate the requirement to have to monitor your pool.
4. Ensure you're selecting the transactions that provide the maximum fees. Don't leave it to others who may censor certain high fee transactions. Eliminate the requirement to have to monitor your pool.
5. Take charge of the bitcoin software you run and consensus rules. Don't leave it to others to determine whether or not to signal for support of a particular change or to take the risk of falling out of consensus. Eliminate the requirement to have to monitor your pool.
moneyball /
npub1ug…fd9ry
2024-06-04 21:47:17
Author Public Key
npub1ug8c5wp6chs4xessrstq3mj0x0agkttey5xwk26632a2gw22de7qkfd9ryPublished at
2024-06-04 21:47:17Event JSON
{
"id": "934f593ab964d10bf602aa975f65dc2a6a9bf16f8346984874904b01081a895c",
"pubkey": "e20f8a383ac5e15366101c1608ee4f33fa8b2d79250ceb2b5a8abaa4394a6e7c",
"created_at": 1717537637,
"kind": 1,
"tags": [],
"content": "5 reasons miners benefit from Stratum v2:\n\n1. Authentication and encryption. Don't let your hash rate be stolen. Even if you aren't concerned about this, your auditors and investors likely will be.\n\n2. Less bandwidth-intensive protocol (binary vs. JSON); reduce stale shares and works better in poor internet situations\n\n3. Ensure your pool isn't inserting transactions and not sharing out-of-band fee payments. It is becoming more topical with the increase in usage of transaction accelerators and non-standard transaction inclusion. Eliminate the requirement to have to monitor your pool.\n\n4. Ensure you're selecting the transactions that provide the maximum fees. Don't leave it to others who may censor certain high fee transactions. Eliminate the requirement to have to monitor your pool.\n\n5. Take charge of the bitcoin software you run and consensus rules. Don't leave it to others to determine whether or not to signal for support of a particular change or to take the risk of falling out of consensus. Eliminate the requirement to have to monitor your pool.\n",
"sig": "f54ef3d2a414b5bee19cb70f39eb40ad168f7a3a83050a9843db477c0b99293e1b88379bb02a590d99892c3876b60669b2bac055f268a9cc13f125ce901083bd"
}