Stephan Livera Podcast
Why are Empty Blocks Happening with OrangeSurf from mempool.space (SLP588)
Jul 3, 2024
OrangeSurf from mempool.space discusses his research report on empty blocks in Bitcoin mining. They cover reasons for empty blocks, differences across mining pools, firmware and config impacts, and the management of block templates. Also, they talk about Antpool's firmware, mining decentralization, and upcoming mempool features.
49:33
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Quick takeaways
- Empty blocks in Bitcoin mining are influenced by economic factors, balancing block rewards and transaction fees.
- Mining centralization discussions emphasize the need for decentralization through diverse mining templates and technology upgrades.
Deep dives
Understanding Empty Blocks in Bitcoin Mining
Empty blocks in Bitcoin mining, comprised of only the Coinbase transaction, are explained in the research report by Mempool. The report was initiated due to user queries about these blocks on the blockchain timeline. They provide insights into historical trends regarding empty blocks and why they occur, shedding light on their impact on transaction confirmations.
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