According to BlockBeats, seven major Bitcoin mining pools—Antpool, F2Pool, Foundry, Spiderpool, Block, MARA Foundation, and DMND—joined the Stratum V2 working group today (May 10), marking an acceleration toward the next-generation open-source protocol for mining.
Stratum V2 introduces end-to-end encryption and allows miners to construct block templates themselves, compared to the current V1 version where pools control transaction packing. Testing shows V2 reduces bandwidth usage by 60% on pools and 70% on miners, while lowering algorithm hijacking risks. The protocol can increase miner revenue by up to 7.4% through lower latency and improved fee selection.