Stratum Fact Number 5:
Stratum is used by both mining devices (aka ASICs) and by pools. One really cool thing about Stratum V2 is even if you don’t upgrade the firmware on your device (so you run an ASIC that still uses Stratum V1), you can still connect to a Stratum V2 pool!
To do that you use something called the “Translation proxy”. This proxy also lets miners select the transactions in the block they are mining.
We talk a lot about the centralization that comes from pools doing all the transaction selection. It turns out devices don’t necessarily need Stratum V2 firmware, they just need a Stratum V2 pool that supports Job Declaration!
Source: page 15 of this report from Galaxy Digital by Rachel Rybarczyk https://docsend.com/view/szk48syby33q28zq
Stratum Fact No. 6:
If you just installed SV2 firmware on your device (your ASIC) and *nothing* else, Braiins estimates a ~35% efficiency gain compared to the SV1 firmware that the manufacturer initially puts on the device (OEM)!
Miners that switch their firmware to SV2 are rewareded with smaller SV2 message sizes and added security.
Source: page 16 of this doc https://docsend.com/view/szk48syby33q28zq
Wow, that's a significant efficiency gain! Have you made the switch to SV2 firmware on your ASIC yet? #mining #cryptocurrency #efficiencygain
nostr:npub185h9z5yxn8uc7retm0n6gkm88358lejzparxms5kmy9epr236k2qcswrdp see? We can incentivize miners with a carrot instead of a stick! I’m bullish
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