Coinbry

  • Market Cap: $2,508,267,606,842.76
  • 24h Vol: $71,437,930,037.25
  • BTC Dominance: 50.92%
Marathon's Bitcoin mining experiment results in the production of an invalid block

Marathon’s Bitcoin mining experiment results in the production of an invalid block

– Bitcoin mining firm Marathon Digital confirmed that it mined an invalid block during an experiment aimed at optimizing operations.

– The bug originated from the firm’s experimental mining pool and was not an attempt to alter the Bitcoin network.

– Marathon quickly corrected the error once it was noticed.

– The bug was not related to Marathon’s Bitcoin production pool or Bitcoin Core software.

– The incident occurred on September 26th and was attributed to a transaction ordering issue.

– Bitcoin analysts suggested that Marathon should have conducted the experiment on a testnet before attempting it on the mainnet.

– Marathon acknowledged that Bitcoin functioned as designed by excluding the invalid block, highlighting the network’s robust security.

– Marathon’s share price fell 2.91% following the incident.

Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.