Seven Major Mining Entities Join Stratum v2 Working Group
The Stratum v2 Working Group today announced that ANTPOOL, Block Inc, F2Pool, Foundry, Spiderpool, MARA Foundation, and DMND have joined the working group to advance the adoption of the Stratum v2 protocol. The working group was founded in 2022 by Braiins and Spiral to develop and maintain the Stratum v2 protocol as an open and vendor-neutral specification usable by the Bitcoin mining ecosystem. The onboarding of these substantial players represents a big leap forward for the working group’s progress in ensuring proper functioning and compatibility across real-world mining operations at scale. It also shows a growing consensus in the mining ecosystem that Stratum v2 is the direction to take going into the future.
Key Features of the Stratum v2 Protocol
Stratum v2 is an upgrade to the original Stratum mining protocol, bringing massive efficiency gains, privacy, security, and functionality that can be used to improve overall mining decentralization. It supports mechanisms for more efficient management of large fleets of miners, is end-to-end encrypted, and allows individual miners to produce their own block templates with supporting pools (among other features). These capabilities enable a more flexible, secure, and decentralized mining environment.
Andy Zhou, CEO of ANTPOOL, commented: “We’re proud to support the broader adoption of Stratum V2. Aligning around an open, interoperable standard enables the industry to collaborate more effectively and drive improvements in efficiency, security and decentralization.” Kenway Wang, CTO of Spiderpool, added: “Decentralization is core to our mission. Stratum V2 supports this by enabling miner-constructed templates, while also improving efficiency, especially for miners in bandwidth-constrained environments.”
About the Stratum V2 Working Group
The Stratum V2 Working Group is an open collaboration initiative dedicated to advancing the development, adoption, and interoperability of the Stratum V2 mining protocol. It maintains a public specification and provides a coordination layer between developers and industry stakeholders. With the addition of these major mining entities, the working group continues to expand its influence, aiming to make Stratum v2 the standard protocol for Bitcoin mining operations worldwide.