🔗 https://stratumprotocol.org

🚀 Why Stratum V2 Matters for Bitcoin Mining

In this episode of HashrateUp, Jesse speaks with Pavel Moravec, co-creator of Stratum and long-time Stratum V2 contributor, and Gabriele, lead maintainer of the Stratum V2 Reference Implementation (SRI), about why Stratum V2 is one of the most important infrastructure upgrades in Bitcoin mining.

Stratum V2 is the upgrade to the original Stratum (SV1) mining protocol from 2011. It is designed for modern mining operations and improves efficiency, security, privacy, and miner autonomy — without changing Bitcoin’s consensus or the pooled mining model.

⚡ What Stratum V2 improves

Efficiency ⚙️
Stratum V2 reduces bandwidth usage by roughly 60% for pools and 70% for miners.
It replaces JSON with a binary protocol and uses push-based job delivery, resulting in lower latency and fewer stale shares.

Security & privacy 🔐
Mining traffic is fully encrypted.
This prevents hashrate hijacking, credential interception, ISP inspection, and network-level attacks.

Miner autonomy (optional) 🧱
Miners can optionally build their own block templates.
Pools remain in place, but miners gain more control and reduce single points of failure.

Production-ready 🏗️
Stratum V2 is backwards compatible via translation proxies.
It has native support in Bitcoin Core v30+ and works with all common pool payout models such as FPPS and PPLNS.

📈 Real-world case studies show profit increases of up to 7.4%, alongside significant improvements in operational security and efficiency.

🧩 What is SRI?

SRI (Stratum Reference Implementation) is the free, open-source, production-grade implementation of Stratum V2.

• MIT-licensed and vendor-neutral
• Maintained by an independent industry working group
• Version 1.0 released in March 2024
• Already live or being tested by major miners, pools, and firmware providers