Bitcoin Mining Pools Collaborate on Stratum V2 Standard Development

Seven major Bitcoin mining pools have joined forces to form the Stratum V2 working group, aiming to establish an open standard for communication between pools and individual miners. According to NS3.AI, this initiative seeks to enhance efficiency and security in the mining process. Hashrate Index data reveals that Foundry currently controls nearly 30% of the global mining pool hashrate, while AntPool holds approximately 17.7%. CoinWarz projects that the upcoming Bitcoin difficulty adjustment in May will increase the difficulty from 132.47 T to 135.64 T. CoinShares reports that up to 20% of Bitcoin miners are operating at a loss under the prevailing market and economic conditions.