Bitcoin’s Biggest Mining Pool Wants Miners to Vote on BIP-110

Key highlights:

  • Foundry USA launched a vote on the BIP-110 proposal.
  • Only if more than 51% of miners voted in favour would the mining pool support the proposal.
  • Major figures like Michael Saylor oppose the upgrade. 

Foundry USA, the largest Bitcoin mining pool, has launched a vote focusing on the Bitcoin Improvement Proposal (BIP-110). Foundry is urging its miners to vote on the Bitcoin proposal as the community remains divided on the matter. While major industry players continue to oppose the BIP-110, the path to its adoption remains uncertain.

Foundry USA opens miner vote on BIP-110

Foundry USA, the mining pool which controls around 33% of Bitcoin’s total hashrate, has now come to the spotlight in connection with the BIP-110 proposal. The mining pool has reportedly launched a vote, asking its miners to vote on the proposal, which could decide the future of the Bitcoin blockchain. If approved, the proposal could limit the amount of non-financial data stored in the network.

As of now, the support for the BIP-110 proposal is too low. Less than 1% of BTC miners have signaled support for the amendment. In this situation, Foundry intends to make each miner vote, expressing their opinion on the initiative. The platform is weighing votes based on miners’ average hashrate recorded between July 6 and 15, 2026.

Further, Foundry stated that the platform would show support for the Bitcoin proposal only if more than 51% of its miners voted “yes.” Also, miners who do not participate in the vote will be marked as “No.” The voting period will be open till early August 2026.

What change does BIP-110 intend to bring?

Notably, the BIP-110 proposal, introduced by Dathon Ohm, intends to address the growing use of Bitcoin to store non-financial data. If the proposal is approved, it would bring a temporary soft fork, limiting transaction sizes and restricting certain Taproot features. Thus, with this upgrade, large data cannot be stored on the network any longer.

It is also worth noting that the proposal aims to bring new consensus rules for the Bitcoin blockchain. By reducing unnecessary data on the network, the upgrade envisions keeping Bitcoin focused solely on its role as a digital asset. Supporters believe that the move could tackle related spam and hacks.

Bitcoin proposal sparks debate

However, not all are convinced by the BIP-110 proposal. While some voices like Luke Dashjr support the idea, many industry leaders, including Michael Saylor, oppose it. Recently, as CoinCodex reported, the Strategy founder published a detailed analysis of BIP-110, explaining 110 reasons for his opposition.

According to advocates, Bitcoin, which primarily functions as a peer-to-peer payment network, doesn’t need to store large amounts of data. It could consume large block space and drive up transaction fees for everyday users.

At the same time, critics say that these transactions are now important for the miners’ revenue. They also warn that restricting certain transactions may cause serious issues.

Earlier, CoinCodex reported that both Michael Saylor and Adam Back are the two most vocal opponents of the Bitcoin proposal. Both of them believe that the amendment could bring more dangers than resolving the issue it aims to.

Source:: Bitcoin's Biggest Mining Pool Wants Miners to Vote on BIP-110