{"id":16453,"date":"2021-05-17T16:32:45","date_gmt":"2021-05-17T16:32:45","guid":{"rendered":"http:\/\/ci0283556cd0002568"},"modified":"2021-05-17T16:32:45","modified_gmt":"2021-05-17T16:32:45","slug":"top-10-bitcoin-mining-pools-signal-taproot","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/technical\/top-10-bitcoin-mining-pools-signal-taproot","title":{"rendered":"The Top-10 Bitcoin Mining Pools Have Signaled For Taproot"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><p>After bitcoin mining pool BTC.TOP recently mined a \u201cgreen\u201d block, the top-10 bitcoin mining pools by hash rate have now all signaled at least one block for <a href=\"https:\/\/bitcoinmagazine.com\/technical\/taproot-coming-what-it-and-how-it-will-benefit-bitcoin\">Taproot<\/a> activation, according to data from <a href=\"https:\/\/taproot.watch\/miners\" target=\"_blank\" rel=\"noopener\">Taproot.watch<\/a>.<\/p>\n<p>BTC.TOP is the tenth-largest bitcoin mining pool by hash rate, representing 4.14 percent of the entire Bitcoin network\u2019s hash power. Although BTC.com and Binance Pool have signaled at least one block, Taproot.watch considers the most recent block when accounting for a pool, so these pools may be presented as not signaling on Taproot.watch.<\/p>\n<p>At the time of writing, 77.74 percent of the Bitcoin network\u2019s hash rate and 64.63 percent of blocks are currently signaling support for the activation of the protocol upgrade. However, there are still 1,455 blocks remaining in the current Taproot Speedy Trial signaling epoch.<\/p>\n<p>Speedy Trial, a variation of <a href=\"https:\/\/github.com\/bitcoin\/bips\/blob\/master\/bip-0009.mediawiki\" target=\"_blank\" rel=\"noopener\">BIP9<\/a> versionbits described in <a href=\"https:\/\/github.com\/bitcoin\/bips\/blob\/master\/bip-0341.mediawiki\" target=\"_blank\" rel=\"noopener\">BIP341<\/a>, is a soft fork deployment method in which miners help coordinate the upgrade by signaling support in their mined blocks. The method\u2019s signaling period is the Bitcoin difficulty adjustment window of 2,016 blocks (roughly two weeks).<\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/business\/need-to-know-taproot-signaling\">Taproot gets locked in<\/a> as a Bitcoin protocol upgrade for November if 90% of blocks mined signal readiness during one such period between May and August.<\/p>\n<p>With essential improvements to the Bitcoin base layer, <a href=\"https:\/\/bitcoinmagazine.com\/technical\/taproot-coming-what-it-and-how-it-will-benefit-bitcoin\">Taproot<\/a> is highly anticipated. It will include privacy and cost benefits and pave the way for further improvements to be implemented in multi-signature wallets, the Lightning Network, and other smart contracts deployed on the Bitcoin blockchain.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Each of the top-10 bitcoin mining pools by hash rate have signaled at least one block for the Bitcoin network\u2019s Taproot soft fork activation.<\/p>\n","protected":false},"author":2572,"featured_media":4479,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[189,2290,1075],"class_list":{"0":"post-16453","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-technical","8":"tag-bitcoin-mining","9":"tag-speedy-trial","10":"tag-taproot"},"author_data":{"id":2572,"name":"Namcios","nicename":"namcios","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/12\/pfp-96x96.png"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/miners.png","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/16453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2572"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=16453"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/16453\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/4479"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=16453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=16453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=16453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}