Bitcoin BIP-110 Miner Support Rate Hits 2.45% Ahead of Block 961,632 Enforcement

BIP-110 activation nears block 961,632 with only 2.45% miner support. Major pools remain silent, raising fork risks as exchanges prepare for potential service suspensions.

Woofun AI reports that Bitcoin's BIP-110 proposal approaches its enforcement threshold at block 961,632, after which nodes will reject blocks lacking support signals. Data indicates that within the current cycle of 1,674 blocks, only 41 have signaled support, resulting in a miner participation rate of 2.45%. The proposal, titled "Reduced Data Temporary Softfork," aims to restrict data element sizes used by Ordinals and token protocols within approximately one year. It is primarily distributed via Bitcoin Knots, while Bitcoin Core has not adopted it.

Major mining pools including Foundry, Antpool, F2pool, and Viabtc have not issued support signals. Australian exchange Hardblock anticipates activation around August 7-8 and may suspend trading services. Amboss warns of fork risks in early August, while Bitaroo plans to freeze deposits and withdrawals as the deadline approaches.