Why are some bitcoin blocks empty? Orange Surf from the mempool.space team joins me to explain his recent research report on this topic. We discuss:
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Why do empty blocks happen?
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Comparing empty block rates across mining pools
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Firmware and config differences
Timestamps:
(00:00) - Intro
(00:44) - Orange Surf’s research report on empty blocks
(02:02) - Block interval data sets
(06:25) - What is an empty block?
(08:09) - What causes an empty block to occur?
(11:35) - Nuances of a working of a miner; switching from empty to full block templates
(14:05) - Differences in the empty block performance
(19:01) - Antpool’s internal miner firmware
(21:30) - Sponsors
(25:00) - Effective management of block templates by mining pools
(34:54) - Ocean's empty blocks
(36:08) - Mining decentralisation and proxy pools
(41:07) - Sponsors
(42:14) - Mining templates & pool payouts
(44:57) - Upcoming mempool features
(49:06) - Outro
Links:
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Empty Block Report: https://research.mempool.space/empty-block-report/)
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Pool Reserve: https://orange.surf/pool-reserves/)
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Enterprise: mempool.space/enterprise
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Community Sponsors: mempool.space/sponsor
Sponsors:
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Swan.com) (code LIVERA)
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CoinKite.com) (code LIVERA)
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Mempool.space)
Stephan Livera links:
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Follow me on X: @stephanlivera)
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Subscribe to the podcast)
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Subscribe to Substack)
