₿🛠️ Satoshi's 21 #011: Mining Basics + Stratum V2 ⛏️
Channel: Bitcoin Meetup Munich
Date: 2021-02-22

This time we'll be joined by Daniela Brozzoni for a session about Bitcoin mining. There'll be two parts: First we'll learn about or recap some mining basics, with the opportunity for some discussions. After a little break we'll take a more detailed look into the Stratum V2 protocol which is hoped to achieve better decentralization.

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This is a recording of our Online-Meetup from the 21st of February 2021: https://www.meetup.com/Bitcoin-Munich/events/275033463/

We used the Free and Open Source conference call software Jitsi Meet hosted on the servers of Freifunk Munich: https://ffmuc.net/wiki/doku.php?id=knb:meet-en

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Presenters and notable participants this time include:

Daniela Brozzoni, developer at Braiins / Slush Pool
- https://twitter.com/danielabrozzoni

You?
- This is an interactive event, contact us if you want to contribute and be added to this list!

Format: Presentation + Discussion/Socratic

Language: English

Target Audience: First part is suited for newcomers, second part will be for more advanced Bitcoin followers, but may also be interesting for a more general audience with strong background in distributed systems and network protocols.

# Material

Part I - Basics if you're new:

- http://bitcoin.page/

But how does bitcoin actually work?
- https://www.youtube.com/watch?v=bBC-nXj3Ng4

BITCOIN MINING RESOURCES
- https://www.lopp.net/bitcoin-information/mining.html

Part II - Stratum V2:

Stratum V2 Promises To Further Decentralize Bitcoin
- https://www.forbes.com/sites/rogerhuang/2021/01/25/stratum-v2-promises-to-further-decentralize-bitcoin/

With Stratum V2, Braiins Plans Big Overhaul In Pooled Bitcoin Mining
- https://bitcoinmagazine.com/articles/with-stratum-v2-braiins-plans-big-overhaul-in-pooled-bitcoin-mining

Migration and Decentralization
- https://insights.deribit.com/market-research/stratum-v2-migration-and-decentralization/

The next generation protocol for pooled mining
- https://braiins.com/stratum-v2

# Slides

https://docs.google.com/presentation/d/1rFG7a4vU5FeA3QY9G0z6C1g_5CUWLtCCpYbs65YBa2U

About Satoshi's 21:

This is our in-depth, no-nonsense seminar series Satoshi's 21, which will take place every 21st of a month in various different locations (hackspace, co-working space, conference room, or similar), or online if circumstances so require.

We'll have one or more selected topics concerning Bitcoin's technology, security, ongoing software development, business opportunities and challenges, economics, monetary theory, or its societal and political impact. Some preparation work might be required from participants in order to make the most out of the seminar.

Satoshi's 21 stands for:
- Every 21st of a month so that weekdays rotate
- 21 participants is the targeted and ideal working group size, but we could be more, we could be fewer
- And of course: honoring Bitcoin's monetary supply of 21 hundred trillion sats!