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    Marathon reportedly mined an invalid Bitcoin block

    Latest News

    Crypto.information – Marathon Digital Holdings (MARA), a publicly traded crypto mining firm, reportedly mined an invalid block on , in line with builders, miners and researchers

    The invalid block was at top 809478, with nameless Bitcoin developer “0xB10C” writing on ooX that MaraPool — Marathon’s mining pool — had a “transaction ordering situation.”

    This was confirmed by Casa CTO Jameson Lopp, who mentioned that knowledge gathered from all 9 of his nodes reveals that the block contained a transaction that incorrectly spent an output earlier than it was created, thus invalidating the block.

    Different Bitcoin node operators rejected the invalid block.

    In response to BitMEX Analysis, the problem arose as a result of a transaction within the block was ordered incorrectly in relation to a spending output transaction, breaking consensus guidelines.

    When a miner produces an invalid block, nodes working the Bitcoin protocol will reject and never construct on high of it. Miners are incentivized to assemble legitimate blocks in line with consensus guidelines, as invalid blocks characterize wasted sources and reward loss.

    Marathon Digital operates a big mining operation with over 37,000 lively miners and three.2 EH/s of hash fee. Nevertheless, this incident illustrates that even main mining swimming pools are inclined to consensus rule violations that result in wasted mining effort.

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    The occasion seems to be a minor hiccup that demonstrates the resilience of Bitcoin’s decentralized proof-of-work consensus mechanism.

    Even main miners should comply with community guidelines and correctly construction blocks, or their work will probably be rejected by the peer-to-peer community.

    This text was initially revealed on Crypto.information

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