Exploiting Bitcoin Mining Protocols
Here's something most devs don't think/know about: the protocols powering Bitcoin mining today have no encryption.
Block templates, hashrate data, transaction selection... it's all transmitted in plaintext between miners and pools. That's not a theoretical risk. It's an active, exploitable surface.
In this session, a Stratum V2 core contributor breaks down exactly how the current mining stack works, how to exploit it, and what that means in real terms: for miners losing money and for attackers gaining leverage. Then we get into the fix.
The agenda:
How Bitcoin mining infrastructure is structured today
Specific exploit vectors in current mining protocols (what's exposed and how)
Quantifying the damage: real cost to miners, real advantage to attackers
Introduction to Stratum V2 (what it changes and why it matters)
How encryption is designed for a protocol like this from scratch
The Noise Protocol Framework (what it is and why SV2 chose it)
The economics: how much SV2 saves miners in practice
This is a technical session - we'll cover serious ground in 60 minutes, followed by 30 minutes of Q&A.
Come with some context on Bitcoin or protocol design, and you'll get a lot out of it.
This one's for: Bitcoin devs, protocol engineers, Rust devs, and technical folks who like understanding systems by understanding how they break.
Is it your first time coming to Bitspace for a session? Wondering what to expect?
Browse through some highlights and recaps from our previous events to get an idea:
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