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bitcoin-mining-pool-templates: 2026-08-30

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README.md CHANGED
@@ -17,9 +17,9 @@ size_categories:
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  - 100K<n<1M
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  ---
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- # Bitcoin mining pool templates and block propagation
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- What each mining pool is building on, and how quickly the network learns a new block exists.
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  Pools issue work to their miners describing the block they are extending, the coinbase they will
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  claim, and whether previous work should be abandoned. That work is replaced every few seconds.
@@ -30,49 +30,27 @@ Once a block is found, the templates every pool was building are gone.
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  | name | one row is |
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  |---|---|
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  | `e20_stratum_jobs_direct` | one job from one pool: the block it extends, its nTime, coinbase, merkle branch count and clean-jobs flag |
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- | `e21_btc_block_propagation` | one peer announcing one block, timestamped |
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- | `e21_btc_p2p_peers` | one peer connected to: user agent, services, whether it completed a handshake |
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  ## Templates
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- Pools building on the same block do not agree. In one observation across six pools, nTime spread
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- across 25 seconds and coinbase structures ranged from 318 to 980 characters. Two endpoints run by
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- the same operator differed by 10 seconds.
 
 
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  `pool` is the endpoint connected to rather than an identity inferred from the data. `operator`
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  collapses endpoints belonging to the same operator, and rows should usually be grouped on it.
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- ## Propagation
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-
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- Connections are held to roughly 120 peers and each announcement of a new block is timestamped.
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- Sorting one block's rows by `received_ts` gives its propagation curve.
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-
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- Across four blocks in one window:
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-
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- | peers | first to median | full spread |
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- |---|---|---|
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- | 32 | 0.39s | 3.74s |
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- | 31 | 0.27s | 2.00s |
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- | 33 | 0.45s | 52.37s |
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-
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- Half the peers are reached within about half a second. The tail is the interesting part: in the
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- third block one peer was 52 seconds behind. Nothing on chain records that, because a block
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- carries only the timestamp its miner claimed.
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-
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  ## Before you build on this
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- - Propagation times are ours and include network distance to each peer, which varies with
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- geography. Differences of milliseconds are partly distance; differences of seconds are not.
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- `peer_addr` is retained so this can be controlled for.
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  - One vantage point, roughly 120 peers out of tens of thousands reachable. This is a sample of
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  the network, not the network.
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- - A peer that disconnects stops announcing, which resembles slowness. `e21_btc_p2p_peers` carries
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- handshake state so a gap can be told from a silence.
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  - nTime is the pool's own clock and pools do not all update it on the same cadence. It indicates
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  when a pool rebuilt its template. For arrival ordering use `observed_ts`, which is consistent
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  across pools.
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- - Six pools across five operators. Pools running regional endpoints may serve different work
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- elsewhere.
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  - Merkle branches are stored as a count and first entry. The count with the coinbase identifies a
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  distinct template; the full list is large and mostly redundant.
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  - `clean_jobs = true` marks a pool switching blocks. Sorting those by `observed_ts` gives the
 
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  - 100K<n<1M
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  ---
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+ # Bitcoin mining pool templates
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+ What each mining pool is building on, at the moment it was building it.
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  Pools issue work to their miners describing the block they are extending, the coinbase they will
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  claim, and whether previous work should be abandoned. That work is replaced every few seconds.
 
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  | name | one row is |
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  |---|---|
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  | `e20_stratum_jobs_direct` | one job from one pool: the block it extends, its nTime, coinbase, merkle branch count and clean-jobs flag |
 
 
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  ## Templates
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+ Pools building on the same block do not agree, and the disagreement is structural rather than
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+ cosmetic. In one observation across eleven endpoints on a single block, nTime spread across 30
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+ seconds, coinbase length ranged from 318 to 1,488 characters, and merkle branch counts split
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+ between 10 and 13, meaning some pools were assembling materially smaller blocks than others at
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+ the same moment. Two endpoints run by the same operator differed by 10 seconds.
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  `pool` is the endpoint connected to rather than an identity inferred from the data. `operator`
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  collapses endpoints belonging to the same operator, and rows should usually be grouped on it.
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  ## Before you build on this
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  - One vantage point, roughly 120 peers out of tens of thousands reachable. This is a sample of
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  the network, not the network.
 
 
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  - nTime is the pool's own clock and pools do not all update it on the same cadence. It indicates
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  when a pool rebuilt its template. For arrival ordering use `observed_ts`, which is consistent
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  across pools.
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+ - Eleven endpoints across ten operators. Pools running regional endpoints may serve different
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+ work elsewhere, so this is a sample of what each operator was building, not a census of it.
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  - Merkle branches are stored as a count and first entry. The count with the coinbase identifies a
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  distinct template; the full list is large and mostly redundant.
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  - `clean_jobs = true` marks a pool switching blocks. Sorting those by `observed_ts` gives the
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