On Feb 1, 2023, Luxor mining pool mined the largest Bitcoin block ever at ~3.96MB, containing a 3.94MB Ordinals Wizard NFT. This event reignited the block size debate, with developer Luke Dashjr creating a node patch to filter Ordinals 'spam' and many critics warning about immutable content risks.
On Feb 1, 2023, Bitcoin mined a record 3.96 MB block containing only 63 transactions, including a 3.94 MB Ordinal inscription of a wizard. Small-block advocates criticized the waste of block space and raised concerns about immutable dangerous content. Mining pool Luxor faced backlash.
Antpool, F2pool, Foundry, and four other major mining pools have formally joined the Stratum V2 Working Group. The protocol offers up to 7.4% higher profitability, end-to-end encryption, and miner-constructed block templates, marking a historic shift from the legacy V1 standard.
Seven major bitcoin mining firms have formally joined the Stratum V2 Working Group, marking the clearest signal yet that the industry is moving toward an open mining protocol designed to improve efficiency, privacy, security and miner control over block templates.
Seven major bitcoin mining firms have joined the Stratum V2 Working Group, underscoring a broader industry shift toward open standards, stronger security, lower bandwidth use, and greater miner control over transaction selection.
Bitcoin miners earned $734.78 million in March while network hashrate surged to a record 414.34 EH/s, underscoring stronger mining economics and rising competition among major pools.
Bitcoin miners earned $734.78 million in March, extending a multi-month recovery in mining revenue, while network hashrate surged to a record 414.34 EH/s and major pools tightened their grip on global hashpower.
Bitcoin miners earned $734.78 million in March 2023, the highest since June 2022. Network hashrate averaged 341 EH/s, peaking at 414.34 EH/s on March 25. Foundry USA and Antpool accounted for 52.87% of global hashrate.
