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Employees work on bitcoin mining computers at Bitminer Factory in Florence, Italy.

Alessandro Bianchi | Reuters

Software used in bitcoin mining just got its first upgrade since late 2012, and a coalition of companies including payments giant Block (formerly Square) is trying to help push the open-source protocol forward to become an industry standard.

The move could help open bitcoin mining to more participants by supporting lower-quality internet connections, as well as improving security so miners get properly compensated for their work.

Bitcoin operates on a proof-of-work mining model, meaning that miners around the world run high-powered computers to create new bitcoin and validate transactions. Mining requires professional-grade equipment, some technical know-how, a lot of electricity and a special kind of software. 

Rather than directly accessing the bitcoin protocol, the vast majority of miners today work through an intermediary protocol called Stratum, which facilitates communication between the bitcoin network, miners, and the mining pools that combine the hashing power of thousands of miners all over the world.

Miners use Stratum to submit their work and to collect a reward if they successfully complete a new block of transactions.

On Tuesday, a coalition of bitcoin developers is releasing version 2 of Stratum under an open-source license for the mining industry to evaluate and test.

It will take some work to convince the mining industry to adopt the new protocol, so Spiral — a subsidiary of Jack Dorsey’s payments company Block (formerly Square) — is teaming up with bitcoin mining company Braiins to launch a group to test and fine-tune the open-source software before they push mass adoption.

What the upgrade does

Steve Lee, the lead at Spiral, tells CNBC there are several significant benefits to the upgrade, including cutting down on the use of data.

Currently, it is common for each mining rig in a large farm to directly connect to a pool. This setup wastes a lot of energy. Lee says that Stratum V2 supports a proxy that aggregates all the connections and only establishes one connection with the pool.

The process of sending that data is also changing to a more efficient method.

“All told, much less data needs to be transmitted between miners and pools, and this could help miners in remote regions of the world with poor internet,” noted Lee.

The upgrade is designed to improve security, as well. Today, it is possible to steal hash rate from a miner, which can lead to some miners losing money. Hash rate is a term for the collective computing power of the bitcoin network. To resolve this, Lee says Stratum V2 introduces a standard security mechanism with authentication and encryption between miners and pools.

The version being released Tuesday is for initial testing, and in early November, a more robust version will come out that supports additional functionality, including job negotiation — a “feature that represents a historic shift in the censorship-resistant mechanics of bitcoin mining by replacing a pool’s responsibility of assigning work to miners with the ability for miners to select their own work,” according to a joint statement released by Spiral and Braiins.

There are orders of magnitude more miners than pools, so if miners select transactions it is far more decentralized than just a handful of pools, Lee explained.

“Working for industrywide adoption of the upgraded Stratum protocol is one of the most important developments in improving the decentralization and censorship resistance of bitcoin’s architecture,” Lee said.

As for timing, the pilot and integration testing will happen this fall, and next year, the upgraded protocol will likely see greater adoption once miners and pools are confident it is working well.

“I’d anticipate a gradual increase in hash rate in 2023,” Lee told CNBC. “Reaching 10% hash rate by the end of 2023 would be a great success,” continued Lee.

Lee added that it will likely take several years to see the latest version of Stratum replace the original.

“Miners know the benefits of upgrading to Stratum V2 very well, but pushing the entire mining industry over some of the remaining development and adoption hurdles is a big task,” said Jan Capek, co-founder of Braiins.

“Universal standards for running and building Stratum V2 and the efforts of this working group to push the industry forward will provide the momentum bitcoin needs to finally upgrade from a version of its mining protocol that was built a decade ago,” continued Capek.

Similar to the Lightning Network, which is a technology built on top of bitcoin’s base layer to make payments more efficient, there will be different implementations of Stratum V2. However, the open-source version released Tuesday will make it easier to collectively test out the technology. It will also ensure that the various projects can interact with one another.

Crypto Crackdown: Why federal charges over an alleged Ponzi scheme may only be the tip of the iceberg

Block jumping into mining

Tuesday’s announcement is part of Block’s larger push into the bitcoin mining industry.

On the sidelines of the Bitcoin 2022 conference in Miami in April, digital assets infrastructure company Blockstream and Block announced that they were breaking ground on a solar- and battery-powered bitcoin mine in Texas that uses solar and storage technology from Tesla.

Tesla’s 3.8 megawatt solar PV array and 12 megawatt-hour Megapack will power the facility.

Block is also independently working on a project to make bitcoin mining more distributed and efficient.

The idea of making the mining process more accessible has to do with more than just creating new bitcoin, according to Block’s general manager for hardware, Thomas Templeton. Instead, he says the company sees it as a long-term need for a future that is fully decentralized and permissionless.

“Mining needs to be more distributed,” Dorsey wrote in a tweet in October, when he first floated the idea. “The more decentralized this is, the more resilient the bitcoin network becomes.”

Toward that end, the company is solving one major barrier to entry: Mining rigs are hard to find, expensive and delivery can be unpredictable. Block says it is open to making a new ASIC, which is the specialized gear used to mine for bitcoin.

The project is being incubated within Block’s hardware team, which is beginning to build out a core engineering team of system, ASIC and software designers led by Afshin Rezayee.

Two crypto experts say the Ethereum network merge is critical for the future of the currency

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Tesla (TSLA) crashes after Trump threatens to set DOGE on Elon Musk

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Tesla (TSLA) crashes after Trump threatens to set DOGE on Elon Musk

Tesla’s stock (TSLA) crashed by as much as 5% in pre-market trading after President Trump threatened to set DOGE on Elon Musk, who has been criticizing his ‘Big Beautiful Bill’.

After being kindly shown the door to the White House last month, Musk had a brief moment of clarity and started to criticize Trump and the Republican party, which he helped elect with almost $300 million of his own money in the 2024 elections.

He highlighted how Trump’s “Big Beautiful Bill” is expected to increase the deficit and debt. The Tesla CEO even linked Trump to Jeffrey Epstein, something that has been well known for decades, but Musk conveniently ignored it as he was backing the President and wearing hats that read, “Trump was right about everything.”

Musk quickly calmed down and even apologized for “going too far” and started praising Trump again.

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That didn’t last long.

Over the last few days, as the Senate attempts to pass Trump’s budget and tax bill, Musk has renewed his efforts to halt the legislation.

The CEO appeared to renew the attacks after the Senate updated the bill to kill the EV incentive sooner and to increase taxes on solar and wind projects.

However, Musk said that he doesn’t mind EV and renewable energy subsidies going away, but he believes that fossil fuel subsidies should also be removed, which is not in the plans at all.

Trump campaigned on Musk’s money, claiming that he would get America to “drill, baby, drill” again.

The CEO went as far as threatening any Senator who vote for the bill, all Republicans, to face his money in their next primary. He added that if the bill passes, he will create a new “America Party.’

Musk’s attacks have focused on the bill itself and the Republicans voting for it, but Trump likes to call it his bill, and unsurprisingly, he is unhappy with Musk.

Last night, he took to Truth Social to highlight again that Musk “would probably have to close up shop and head back to South Africa” without US government subsidies.

The President then suggested that he could have DOGE, a department that Musk created, go after him and the subsidies that his companies get:

Elon Musk knew, long before he so strongly Endorsed me for President, that I was strongly against the EV Mandate. It is ridiculous, and was always a major part of my campaign. Electric cars are fine, but not everyone should be forced to own one. Elon may get more subsidy than any human being in history, by far, and without subsidies, Elon would probably have to close up shop and head back home to South Africa. No more Rocket launches, Satellites, or Electric Car Production, and our Country would save a FORTUNE. Perhaps we should have DOGE take a good, hard, look at this? BIG MONEY TO BE SAVED!!!

Tesla’s stock dropped by more than 4% in pre-market trading following the President’s threat.

Musk responded to the President by pointing out that he is asking to remove the subsidies, but he didn’t add his usual caveat of also removing all subsidies for fossil fuel.

Electrek’s Take

It’s both sad and funny to see Elon now. It’s sad because the US is plunging back into an energy dark age of relying on fossil fuels. Still, it’s amusing because Elon is acting as if he’s just now realizing what he has done, despite everyone but a few cult members screaming at him that this was going to happen for the last year.

Elon got what he wanted out of Trump with his $300 million, and now, he realizes that his influence has limits and that Trump is going to do way more damage than just what Musk wanted out of him: to stop illegal immigration and the so scary “woke mind virus.”

The result will be a significant blow to the growth of electric vehicles and clean energy in the US, and Tesla will be affected in the process, exactly what we have been saying for the last year.

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How California cops are now using simple drones to catch illegal e-bike riders

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How California cops are now using simple drones to catch illegal e-bike riders

Police across the US are cracking down on illegal use of out-of-class e-bikes or non-street-legal electric motorcycles used on public roads. It used to be that if you sped off on an illegal electric dirt bike or mini bike after a traffic stop in California, there was a good chance you’d get away. Most police departments don’t want to engage in high-speed chases over these types of violations, especially if the rider isn’t wearing a helmet or is weaving through dense traffic. And since these types of bikes almost never have license plates, merely outrunning or outmaneuvering a police cruiser through some bushes or over a sidewalk was usually enough to evade justice. But lately, a new kind of chase is happening – from above.

Several California police departments are now turning to small, simple-to-operate drones similar to consumer drones to track down illegal e-bike and electric dirt bike riders who flee traffic stops.

These drones, often built on platforms used by consumer drones but with upgraded camera equipment, are quiet, effective, and don’t put pedestrians or officers at risk like a high-speed pursuit.

And while the tech isn’t new, the way it’s being deployed marks a turning point in how cities are responding to the rise of unregistered, high-powered electric motorbikes and minibikes on public roads.

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Recently, the Irvine Police Department shared details on how they caught a minor who was illegally operating a Stark Varg electric dirt bike on public roads and then sped away from police attempting to conduct a traffic stop.

“A 16-year-old juvenile recklessly fled from officers during an attempted traffic stop on Jamboree, reaching high speeds. The rider ran multiple red lights, placing innocent lives in danger. Thankfully, with the assistance of our drone team, officers quickly located the teenager and safely took him into custody. He was later released to his parent. The juvenile was unlicensed, and the motorcycle was purchased by a parent who knowingly allowed their child to ride it. That parent was cited, and the motorcycle was impounded.”

Fortunately, the Irvine PD efficiently employed an entire flatbed rollback truck to tow the light electric dirt bike (Photo via IPD Facebook page)

In a similar case just a few weeks ago, the Desert Hot Springs Police Department used a similar drone setup to catch a juvenile illegally operating a non-street-legal minibike on public roads.

As the department shared in a social media post mocking the rider, “Officers attempted to stop a suspect illegally riding a mini bike on city streets. Instead of pulling over like a reasonable person, he chose to flee… on a mini bike. Little did he know, our drone team was already in the air and had front-row seats to this low-speed drama. They followed him as he weaved through traffic, blew through stop signs, and ultimately led us right back to his own front door.”

The DHSPD explained that after the drone watched from above and followed the rider home, police officers arrived and knocked on his front door, which he promptly answered. “He was arrested at his residence without incident,” the post continued. “The mini bike? Impounded. The escape attempt? Hilarious.”

Some police departments in California are still employing police helicopters as their go-to “eye in the sky” for tracking Sur-ron riders who try to run from police, but these light and inexpensive drones are proving to be a more cost-effective and efficient alternative.

The rise of unregistered and often illegally modified electric motorbikes that don’t fit inside existing three-class electric bicycle regulations – many of them closer to light motorcycles than bicycles – has created a real challenge for cities. Riders can disappear down alleyways, weave through traffic, or vanish into neighborhoods where a patrol car can’t follow.

But a few grand for a simple drone? That’s a safer, cheaper solution that can hover and follow quietly from above, sometimes all the way to a suspect’s front door.

This drone-based enforcement strategy raises some interesting questions – not just about surveillance, but about how cities will regulate a fast-evolving micromobility landscape. As out-of-class electric bikes and light electric dirt bikes blur legal categories and create enforcement gaps, tech like drones is stepping in to close them.

Whether that’s a good thing or not depends on your perspective. But one thing’s for sure: the days of just gunning it and getting away are coming to an end.

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EV with fake engine noises recalled for not having the correct fake engine noises

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EV with fake engine noises recalled for not having the correct fake engine noises

The Dodge Charger Daytona EV made headlines when it rolled out fake engine noises as a way to make the EV appeal to muscle car drivers. As it turns out, they weren’t the right sort of fake engine noises – and now Stellantis has to recall 8,000 of them for a fix.

According to the ChryCo fans at Mopar Insider, Stellantis is recalling ~8,390 examples of its 2024 to 2025 Dodge Charger Daytona EVs because of an exterior amplifier that may be missing critical enabling the amp to emit exterior sounds – including the Federally mandated pedestrian warning sounds designed to keep pedestrians safe.

What’s more, the recall’s “suspect period” reportedly begins on 30APR2024, when the first 2024 Dodge Charger Daytona was produced, and ends 18MAR2025 … when the last Charger EV was produced.

RECALL CHRONOLOGY

  • On April 17, 2025, the FCA US LLC (“FCA US”) Technical Safety and Regulatory Compliance (“TSRC”) organization opened an investigation into certain 2024–2025 model year Dodge Charger vehicles that may not emit exterior sound.
  • From April 17, 2025, through May 13, 2025, FCA US TSRC met with FCA US Engineering and the supplier to understand all potential failure modes associated with the issue. They also reviewed warranty data, field records, and customer assistance records to determine field occurrences.
  • On May 14, 2025, the FCA US TSRC organization determined that a vehicle build issue existed on certain vehicles related to a lack of EV exterior sound, potentially resulting in noncompliance with FMVSS No. 141.

MOPAR INSIDER

Without the software patch, the vehicles don’t comply with the requirements of Federal Motor Vehicle Safety Standards (FMVSS) No. 141, “Minimum Sound Requirements for Hybrid and Electric Vehicles.” The rule requires noisemakers for EVs and hybrids when operating under 19 mph, the safest speeds for pedestrians.

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Basically, if you have a Dodge Charger EV, expect to get a recall notice.

It just keeps getting funnier


My take on the Fratzonic Chambered Exhaust, via ChatGPT.

If you’re not familiar with the Charger Daytona EV’s “Fratzonic Chambered Exhaust,” it’s a system that employs a combination of digital sound synthesis and a physical tuning chamber (translation: a speaker) to produce a 126 decibel sound that approximately imitates a Hellcat Hemi V8 ICE. That’s loud enough to cause most people physical pain, according to Yale University – putting it somewhere between a loud rock concert and a passenger jet at takeoff.

While you could argue that such noises are part and parcel with powerful combustion, they’re completely irrelevant to an EV, and speak to a particular sort of infantile delusion of masculinity that I, frankly, have never been able to wrap my head around. Something akin to the, “Hey, look at me! I’m a big tough guy!” attention-whoring of a suburban Harley rider in a “Sons of Anarchy” novelty cut, without even enough courage to ride a motorcycle, you know?

You know – and I bet you can help me dial in the the comparison to perfection (and help me explain why the car just isn’t selling) in the comments section at the bottom of the page.

SOURCE: Mopar Insiders; featured image by Stellantis.


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