Gomining announced on June 25 that it successfully mined the first known live Bitcoin block using the Stratum V2 protocol through the DMND mining pool. The achievement allowed the mining firm to locally construct its own block template and select transactions, bypassing the centralized pool operators that have controlled transaction selection for over a decade. The milestone demonstrates a functional model for miner-controlled block creation, shifting authority away from pool operators back to individual miners and reinforcing the censorship resistance of the Bitcoin network.
Gomining Constructs Own Block Template via Stratum V2
The block was produced in a live production environment using the DMND bitcoin mining pool. Gomining leveraged Stratum V2's job declaration functionality to locally construct and declare its own block template rather than relying on a pool operator to select transactions, according to a media statement. The newly mined block included transactions processed through GoBTC Pay, an open-source, instant payment protocol designed by Gomining that settles transactions purely in native bitcoin.
CEOs Confirm Miner Control Over Block Construction
"This block demonstrates that miners can now participate in pooled mining while retaining control over block construction," said Mark Zalan, CEO of Gomining. "By creating our own block template and including GoBTC Pay transactions, we're demonstrating one of the practical capabilities that Stratum V2 makes possible."
"A miner just mined the first Stratum V2 block to power their own product end to end," said Alejandro De La Torre, CEO and co-founder of DMND. "GoMining declared the template and included their GoBTC Pay payments with no pool in the way. We built DMND for exactly this."
Babylon Integration Enables Up to 1,000 BTC Lockup
Gomining announced an integration with Babylon to utilize its Trustless Bitcoin Vault system. Under the Babylon integration, asset holders will be able to lock up to 1,000 bitcoins into native, self-custodial onchain vaults. Users can programmatically commit those locked funds directly to Gomining's industrial operations to earn native mining yields, eliminating the historical need to bridge assets to secondary blockchains or rely on centralized third-party custodians.
Stratum V2 Protocol Redistributes Transaction Authority
Stratum V2 is an open-source mining protocol developed with broad, industry-wide contributor backing. Beyond security enhancements and reduced data latencies, its primary structural objective is the redistribution of transaction-selection authority back to independent miners. Industry advocates anticipate that the production milestone will catalyze wider adoption of Stratum V2 across the global mining infrastructure layout.
FAQ
What did Gomining accomplish on June 25?
Gomining mined the first known live Bitcoin block using the Stratum V2 protocol through the DMND mining pool, allowing the firm to locally construct its own block template and select transactions without relying on a centralized pool operator.
Why is Stratum V2 significant for Bitcoin mining?
Stratum V2 redistributes transaction-selection authority from centralized pool operators back to independent miners, reinforcing the censorship resistance of the Bitcoin network and allowing miners to retain control over block construction while participating in pooled mining.
What is the Babylon integration announced by Gomining?
Gomining announced an integration with Babylon that will allow asset holders to lock up to 1,000 bitcoins into native, self-custodial onchain vaults and commit those funds directly to Gomining's operations to earn native mining yields without bridging assets or using third-party custodians.
