Marathon Digital confirms it mined invalid Bitcoin block

cyptouser1 years agoCryptocurrencies News251

Bitcoin (BTC) miner Marathon Digital confirmed that it mined an invalid BTC block at height 809478.

“We can confirm that Marathon did mine an invalid bloc,” Marathon Digital said. “We utilize a small portion of our hash rate to experiment with our development pool and research potential methods to optimize our operations.”

In a Sept. 27 post on X(formerly Twitter), Marathon Digital blamed the invalid block on an unanticipated bug from one of its experiments. According to the miner, its team corrected the invalid block immediately after it was noticed.

It added:

“In no way was this experiment an attempt to alter Bitcoin Core in any way…This incident, while unintended, underscores the robust security of the Bitcoin network, which rejected and rectified the anomaly.”

The miner further assured the community that the bug was unrelated to its production pool and Bitcoin core.

Earlier today, anonymous Bitcoin developer 0xB10C said the miner’s MARAPool had experienced an issue with transaction ordering. The incidence was further confirmed by crypto firm BitMex.

BitMex stated that the invalid mining activity was probably due to the presentation of transactions in the wrong order. According to the firm, the mining company tried initiating a second transaction with the same details as an earlier initiated one.

Meanwhile, CasaHODL co-founder Jameson Lopp described the incident as further evidence that Bitcoin is an impenetrable fortress of validation preventing double-spending. This view was shared by Marathon Digital, which stated, “Bitcoin functioned exactly as designed by excluding the invalid block.”

The content on this website comes from the Internet. Due to the inconvenience of proofreading the authenticity and accuracy of the copyright or content of some content, it may be temporarily impossible to confirm the authenticity and accuracy of the copyright or content. For copyright issues or other issues caused by this, please Call or email this site. It will be deleted or changed immediately after verification.

related articles

Trump's potential return could catalyze major uptick in alt investments like Bitcoin – StanChart

A recent Standard Chartered report forecasts that a second term for Donald Trump could significantly...

Finland's households turn to Bitcoin mining to heat homes

Finland's households turn to Bitcoin mining to heat homes

1205f261˃A new project in Finland is turning energy from mining Bitcoin (BTC) cryptocurrency into en...

Umoja closes $4M seed round, aims to democratize wealth creation

25cc9d4a˃Smart money protocol Umoja has successfully closed a $2 million extension to its initial se...

Grayscale to slash fees to 1.5% after spot Bitcoin ETF conversion, still highest among rivals

Grayscale to slash fees to 1.5% after spot Bitcoin ETF conversion, still highest among rivals

Prominent digital asset manager Grayscale will slash its management fees to 1.5% from 2% for its pro...

Circle enables USDC transfers for BlackRock’s first tokenized fund

1205f261˃Circle, the issuer of major stablecoin USDC (USDC), has enabled transfers of BlackRock USD...

German MP urges government to stop selling Bitcoin

Bundestag member Joana Cotar strongly criticized the German government’s recent decision to sell a s...