112. Stratum v2, Nonce Space, and the DIY Miner’s Comeback

On Tax Day, we kick off POD256 #112 with a wide-ranging, host-perspective dive into home mining, open-source mining firmware, decentralized pools, and where the ASIC market is headed. We revisit the early laptop-to-industrial arc of Bitcoin mining, why home mining resurfaced around 2020, and how guides like Mining for the Streets and Home Mining for Non-KYC Bitcoin galvanized a wave of at-home tinkerers. We cover the Chinese mining ban windfall, the subsequent hash rate climb that wrecked many, and why small, open hardware like the Bitaxe matters far beyond its raw terahash. From Telegram-era sketchy miner purchases to today’s growing network of community builders, we trace how the culture and tooling matured. We dig into open-source momentum: Mujina on the Braiins BCB100 control board, expanding support for S19 generations, and why Stratum V2 plus Mujina is a powerful combo for permissionless iteration. We unpack HydraPool’s goals—lowering the barrier to spin up pools, P2Pool v2 coordination, and new payout strategies—alongside the realities of today’s centralized FPPS landscape. We get technical on nonce space, version bits, rolling time, and why poorly specified Stratum v1 became defined by closed implementations. We also talk ASIC roadmaps (Bitmain/WhatsMiner cadence, tape-out risks), potential shifts as big miners eye AI/HPC, hosted mining vs. hash-rate rentals, the debates around BIP-0110 signaling, and the need for authentic decentralization. Finally, we preview Telehash #4 in Austin, celebrate a streak of solo-mined blocks, and invite listeners to point spare hash toward 256f to support open mining R&D. Donate or point hashrate: https://dash.256f.org/ • Telehash #4: May 19 at Bitcoin Park (Austin) • Follow the leaderboard and instructions at dash.256f.org