Major Bitcoin Miners Join Stratum V2 Working Group to Enhance Protocol Adoption
- Strengthened Industry Consensus: Major Bitcoin mining companies, including ANTPOOL, F2Pool, and Foundry, have joined the Stratum V2 Working Group, indicating broad support for the next-generation mining protocol, which is expected to accelerate global adoption and enhance infrastructure development in the mining sector.
- Protocol Upgrade Benefits: Stratum V2 serves as a significant upgrade to the original Stratum standard, offering improved efficiency, privacy, and security, particularly through end-to-end encrypted communication that protects interactions between miners and pools, thereby reducing the risk of data interception.
- Decentralization Potential: Representatives from Spiderpool highlighted that Stratum V2 allows miners to construct their own block templates, thereby enhancing Bitcoin's decentralization, reducing reliance on centralized pools, and improving network resilience and flexibility.
- Infrastructure Upgrade Readiness: The involvement of major mining companies is likely to enhance compatibility and support for Stratum V2, potentially intensifying competition among mining pools and driving the implementation of more decentralized and scalable mining architectures.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR). As of , Major (MAJOR) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 4 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MAJOR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, MAJOR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0442 | 0.0519 | 0.0574 | 0.0652 | 0.0707 | 0.0784 | 0.0839 |
| Fibonacci | 0.0519 | 0.057 | 0.0601 | 0.0652 | 0.0702 | 0.0734 | 0.0784 |
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