Overview
- Foundry USA and AntPool now account for just over 51% of Bitcoin’s hashrate, according to recent pool-share data.
- Foundry recently mined eight consecutive blocks, an unusual run that heightened concerns about concentration.
- Analysts note an uptick in empty blocks, which reduces fee revenue for miners and lowers network efficiency.
- Commentators say a 51% attack is technically possible but financially impractical, with cost estimates around $1.1 trillion.
- Bitcoin trades near $113,000 and is testing support around $110,530, with sentiment pressured by a Federal Reserve policy shift and the new Genius Act stablecoin law.