Bitcoin mining may have taken an important step toward becoming more decentralized.
GoMining has mined what it says is the first publicly known Bitcoin block using Stratum V2, a next-generation mining protocol that lets miners decide which transactions go into the blocks they produce instead of leaving those decisions to mining pools.
The block was mined through the DMND mining pool using Stratum V2's Job Declaration feature, allowing GoMining to build and submit its own block template while still benefiting from pooled mining.
Although mining pools have long helped participants combine computing power and earn more consistent rewards, they have traditionally been responsible for selecting transactions and assembling blocks.
Stratum V2 changes that balance by returning block construction to miners.
Why It Matters
Bitcoin mining has become increasingly concentrated around a relatively small number of mining pools. While miners own the hardware, pools have historically controlled which transactions make it into each block.