Bitcoin and Mining Pools Join Forces to Create the Ultimate Virtual Machine! 🚀

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Bitcoin and Mining Pools Join Forces to Create the Ultimate Virtual Machine! 🚀

Bitlayer has boldly gone where no Bitcoin layer two (L2) solution has gone before — teaming up with three mighty mining pools—Antpool, F2pool, and Spiderpool—to make the legendary Bitcoin Virtual Machine (BitVM) a reality. Yes, really. It’s like setting your toaster to “smart,” if your toaster was also a supercomputer with a penchant for blockchain wizardry.

Aligning Mining Operations With Bitcoin’s Evolution

In a move that might trigger a small earthquake (or at least a heavily caffeinated following), Bitlayer, the ever-ambitious layer two platform, announced alliances with three titan mining pools, collectively responsible for over 36.2% of Bitcoin’s hashrate. That’s more than enough to make you wonder if Bitcoin’s about to get its very own superhero squad.

According to the ancient scrolls (or, you know, a press release), the mission is to bring Turing-complete smart contracts — which are basically “if this, then that” on steroids — and onchain validation to Bitcoin without making it feel insecure about its core security. Because what could go wrong? Kevin He, the sage co-founder of Bitlayer, explained the gravity of this union:

BitVM is basically the most credible way to add onchain validation to Bitcoin, all while keeping its security intact. We’re talking about smart contracts so complex they might need a therapist, running smoothly on Bitcoin. This partnership also tackles the pesky last-mile challenge of Non-Standard Transactions (NSTs) — because standard transactions are so last century.

Now, NSTs are like that extra sprinkle of chaos in a perfectly balanced cake — they aren’t supported natively by Bitcoin Core, leaving developers scratching their heads. Enter Bitlayer, teaming up with mempools (the “waiting room” of transactions) to build a snazzy network interface that accepts these rebellious NSTs and ensures they get their moment in the onchain sun. The security! The joy!

Andy, the CEO of Antpool, chimed in with wisdom—because who doesn’t like a good quote?—saying this partnership would boost Bitcoin’s innovation while (hopefully) not causing a total existential meltdown for miners. He hinted that Bitlayer could be the secret sauce for raising network activity and transaction fees, especially as block rewards become a distant memory.

“Antpool is throwing its hat into the ring to help Bitcoin grow up and look good doing it,” Andy said, probably right before sipping a very expensive coffee.

Meanwhile, Leon Liang of F2pool echoed the sentiment with a hearty dose of strategic vision: “Sure, security comes first, but supporting clever projects like Bitlayer keeps Bitcoin shiny and relevant.” And Kenway from Spiderpool was practically bouncing in his chair, eager to tell everyone:

“This union is like peanut butter and jelly — perfect harmony! Spiderpool’s mining prowess combined with Bitlayer’s BitVM Bridge is set to turn Bitcoin DeFi from a sleepy cousin into an energetic wizard of speed and low costs. Plus, we’re making sure miners stay relevant in the world of fancy new financial derivatives. Because what’s the point of mining if you’re not part of the future?”

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2025-05-28 10:57