diff --git a/docs/Release Notes.md b/docs/Release Notes.md
index 9dc81679..ab65d7b5 100644
--- a/docs/Release Notes.md	
+++ b/docs/Release Notes.md	
@@ -1,6 +1,12 @@
 Release Notes
 =============
 
+2.1.1
+-----
+Released on October 10th 2024
+- Upgrade to Bittensor v7.4.0 due to known latency issues
+
+
 2.1.0
 -----
 Released on October 9th 2024
diff --git a/predictionnet/__init__.py b/predictionnet/__init__.py
index f19ec6ef..9c8e0e98 100644
--- a/predictionnet/__init__.py
+++ b/predictionnet/__init__.py
@@ -21,7 +21,7 @@
 # Define the version of the template module.
 
 
-__version__ = "2.1.0"
+__version__ = "2.1.1"
 version_split = __version__.split(".")
 __spec_version__ = (
     (1000 * int(version_split[0]))
diff --git a/requirements.txt b/requirements.txt
index 15fbe5ea..27492e08 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -1,4 +1,4 @@
-bittensor==7.3.1
+bittensor==7.4.0
 loguru
 numpy
 pandas