This is Polar Ice cone 6 porcelain that has been over fired. The electric kiln was set to do its standard cone 6 fast fire schedule, but a cone in the kiln demonstrates that it fired much higher (perhaps to cone 7 judging by the bend on the cone). This is a translucent frit-fluxed porcelain that demands accurate firing, the over fire has produced tiny bubbles and surface dimples in the glaze. The mug rim has also warped to oval shape. The lesson: If you are firing ware that is sensitive to schedule or temperature, use large cones and adjust if needed. If it fires too hot like this, then program to fire to cone 5 with a longer soak, or cone 5.5 (if possible). Or, program all the steps yourself; that is definitely our preference.
Questions and suggestions to help you reason out the real cause of ceramic glaze blistering and bubbling problems and work out a solution
The process of holding a kiln at the final temperature (or at other temperatures) to enable the heat to penetrate the ware or to effect or complete a glaze or body reaction