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Two Mining Pools Now Control Majority of Bitcoin Hashrate, Reviving 51% Attack Fears

Market confidence softens with BTC near the $110,530 support.

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.