Marathon Digital mines invalid block due to bug

Marathon’s error occurred at block height 809478, and Foundry ended up snagging the reward

article-image

Elisabeth Coelfen/Shutterstock modified by Blockworks

share

Even the largest miners and mining pools can occasionally make mistakes, as evidenced by Marathon Digital’s error early Wednesday morning.

The publicly traded company mined an invalid block. This means that Marathon submitted a block — which is made up of 2,000 transactions on average — that the rest of the network rejected because it didn’t align with common protocol. 

If the other nodes on the network detect an invalid transaction within the block, they can come together to reject using the consensus mechanism built into Bitcoin. 

Jameson Lopp, a bitcoin engineer and chief technology officer and co-founder of Casa, told Blockworks that Marathon mining an incorrect block doesn’t present a problem for the network. It’s more just a matter of forfeited profit. 

“It’s not a problem for the network, it’s only a problem for the money because [Marathon] gave up over $100k in revenue,” Lopp said. 

The issue with block 809478 was first flagged by X user @0xB10C, but BitMex Research pinpointed the error: Marathon misplaced two transactions within said block. This misordering led to the block’s rejection by other network participants.

Loading Tweet..

Marathon confirmed what happened on Wednesday afternoon in a post on X, formerly Twitter. The company chalked the mistake up to an unforeseen bug that compromised its development pool, not its main production pool. 

“We utilize a small portion of our hash rate to experiment with our development pool and research potential methods to optimize our operations,” the company wrote. “The error was the result of an unanticipated bug that came from one of our experiments.”

Loading Tweet..

The incident, it further explained, was “unintended” and not meant to alter the inherent rules governing Bitcoin Core, the original and most widely adopted software client used to operate nodes on the Bitcoin network.

Marathon also took this opportunity to hype up its view that Bitcoin is secure, saying that this “underscores the robust security of the Bitcoin network, which rejected and rectified the anomaly.”

This isn’t something that’s only happened to Marathon, however. 

BitMex Research flagged an invalid block seemingly mined by AntPool in July 2019. A similar occurrence was noted in April 2023 involving f2pool.

According to multiple blockchain explorers, Foundry was the one to ultimately mine block 809478 correctly.


Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter.

Tags

Upcoming Events

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

Screen Shot 2024-05-16 at 14.53.45.png

Research

Loss-versus-rebalancing (LVR) is arguably Ethereum DeFi’s biggest problem, and thus reducing LVR is fundamental to the success of Ethereum. This report dives into the world of LVR. We uncover its importance for AMM designers, discuss the two major mechanism design categories and various projects developing solutions, and offer a higher level perspective on the importance of AMMs in general.

article-image

Yesterday saw Congress’ upper chamber side with the House on a measure aimed at overturning SAB 121

article-image

Oklahoma’s new crypto bill will go into effect in November of this year

article-image

The deposits hit a $20 million cap in just 45 minutes

article-image

Twelve Democratic Senators voted in favor to pass the resolution Thursday

article-image

Pump.fun is “aware” that bonding curve contracts on Pump.fun were exploited, and has since paused trading

article-image

Some investment pros are mulling crypto allocations between 1% and 10% and seeking ex-BTC exposure for interested clients