Half Of Bitcoin Hash Rate Signaling For Taproot

The path to activation for Bitcoin’s Taproot protocol upgrade is underway after the recent Bitcoin Core version 0.21.1 release included its activation code, and the largest mining pools are already signaling support.

Bitcoiners can follow the upgrade signaling status via Taproot.watch, a website created by Bitcoin developer Hampus Sjöberg.

According to data from the site, 58% of the total Bitcoin network hashing power is signaling support for the protocol upgrade at the time of writing, led by AntPool and F2Pool, which combined account for over 36% of the network’s total hash rate.