Bitcoin Nears BIP 110 Deadline With Low Miner Support

Bitcoin is rapidly approaching a major threshold for BIP 110, a proposed soft fork aiming to shrink block data. With only 185 blocks left in the current signaling period, third party monitors show that miner support sits at just 2.62 percent. This falls far short of the 55 percent threshold required to meet the lock in goals before the window closes.

Starting at block height 961,632, nodes enforcing BIP 110 will begin rejecting blocks that fail to signal support. Because older software like Bitcoin Core does not enforce these rules, the network could face divergent block acceptance. This friction highlights a broader debate about transaction filtering and blockchain neutrality.

Market participants should watch miner behavior closely as the network crosses this block height boundary. Exchanges, wallets, and node operators face important decisions regarding which chain they choose to support if the network splits into separate operational branches.