Lydia Ramos 
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In this video, I discuss the recent invalid block mined by Bitcoin mining company Marathon, and how the Bitcoin network handled the situation.
Fortunately, Satoshi designed Bitcoin with a division of powers between the Bitcoin miners who create new blocks and the Bitcoin nodes who verify and validate those new blocks to ensure that they are following the consensus rules.
Not investment advice! Consult a financial advisor.
Bitcoin ASIC:
https://file.bitmain.com/shop-bitmain-s3/proshow/2023/05/15/S19-XP-3.jpg
SHA-256 hash calculator:
https://xorbin.com/tools/sha256-hash-calculator
Marathon Digital mines invalid block due to bug:
https://blockworks.co/news/marathon-digital-invalid-block
Block 809,478:
https://mempool.space/block/0000000000000000000261a0b5d3836c8bd1785946118e01ac989e7a4b228ce5
Marathon had transactions in wrong order:
https://twitter.com/BitMEXResearch/status/1706966754331652164
https://twitter.com/mononautical/status/1707055190971457698
Marathon issues statement:
https://twitter.com/marathondh/status/1707067548661928108
Map of reachable Bitcoin nodes:
https://bitnodes.io/
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#bitcoinmining
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Marathon obviously lied – you can do such experimenting on testnet and, iirc, Marathon was the company that tried to censor certain transactions a few years ago. They are the snake in the garden…
Cool, my node did it well too 😃!
Bitcoin is like Democracy. We have developers (like law makers), we have miners (like police), we have nodes (like justice department) and the public ledger ( like the news media). The 4 pillars of functional democracy.
Bitcoin is the one and only. Everything else is scammers
Send them this video when they say nodes dont matter !
Run a full node Nerds 🤓
Pretty cool. Once again Bitcoin comes out on top and proves itself as a viable digital currency.
OH NO! anyway
Thanks Matt, A nice explanation and review of how mining works.
If I had a node would I have seen this error as an obvious pop up message or would I need to do someting extra to see when new blocks are rejected?
I figured this happens fairly often- but usually not for an error in ordering or other violation but because a miner solves and transmits a block slightly behind a competitor because they hadn't gotten the signal to move on to the next set of transactions in the mempool. Where can I learn more about this?
Will Microstrategy stock be as rare as Bitcoin? If they sell more shares to the public would that be a signal to sell?
The fact that anyone would be confused or scared by this news, shows how immature and undisciplined many of the current market participants are.
excellent post on same topic https://www.youtube.com/watch?v=j-2rBMDeJ20, with some more details, eg. same pool had same bug on testnet few days before but they did not noticed it
The number of nodes should be higher, for a half trillion usd network
0:34 got my like instantly !
why wouldnt they use the testnet for experiments?
Thank you.
What does the word hash mean?
I run a node. Don't trust, verify.
Im guessing the answer is “No”
Awesome breakdown! I can always count on you and your knowledge. Thanks
When the invalid block is rejected by the Network, is there just a gap in the blockchain? The users don’t get their transactions added to the chain?! Users must wait until another miner picks up the invalid block to correct it?