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Ocean Mining VP warns BIP-110 could fail amid low miner signaling

The post cites node signaling of roughly 7% to 15%, with miner support under 1% ahead of a critical block window at 961,632.

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Bitcoin Magazine features a guest post from Jason Hughes, Ocean Mining’s VP of Development and Engineering, arguing that BIP-110 lacks measurable network consensus and is on track to fail. Hughes says BIP-110 is not inevitable and “can fail,” adding that the proposal can create a chain split or fork in a minority hashrate scenario.

Hughes also disputes the idea that miners not supporting BIP-110 would be forced to mine “invalid” blocks solely because the proposal exists without broad adoption. He frames the situation as one where, so far, there is no clear trajectory toward the needed consensus.

In support of his position, Hughes points to node signaling levels of about 7% to 15% and says hashrate support is under 1% ahead of the critical block 961,632 window. The post is published as an opinion piece and includes risk warnings for miners considering adoption, while emphasizing the uncertainty around whether the proposal can gain enforcement.

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