
7 major Bitcoin mining pools join Stratum V2, working group

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Seven major Bitcoin mining pools, including AntPool and Foundry, have joined the Stratum V2 working group to create an open standard protocol for communication between mining pools and individual miners. This initiative aims to enhance efficiency in mining operations, as even milliseconds can impact block mining success. The Bitcoin mining difficulty is expected to rise, adding pressure to miners, with up to 20% currently unprofitable due to high energy costs and market conditions. Hashprice has fallen to breakeven levels for some miners, according to CoinShares.

