StratumV2 is here, but will bitcoin miners adopt it?

Added: 2026-05-18

[00:00:00]So, I have a left hand and the main push for a Stratum V2 [music] is now completely in the hands of independent open source community. And I think this is a great way how to develop a specification for protocol that aspires [music] to be the next next big thing in the Bitcoin mining communication. What is Stratum V2 like in terms of what it brings to the table? So, so compared to Stratum V1, which is a plain text unencrypted the protocol Stratum V2 is a binary protocol. So, on that stream we'll be seeing significant improvements in the network bandwidth consumption.

[00:00:40]>> [music] >> And Stratum V1 is completely unencrypted. Stratum V2 is encrypted by default. It is It is enforcing encryption. So, you will not be susceptible to man in the middle attacks.

[00:00:55]>> [music] >> And lastly, and the holy grail and the ultimate goal is to give the power back to the miners through the minor built templates, what I would [music] argue is like the long-term success of the whole effort is that the Stratum V2 pretty much becomes the default standard [music] to the mining protocol.