Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Friday, April 17
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Bitcoin»Bitcoin Mining Centralization Reaches Decade High as Two Pools Control 51% of Hashrate
    Bitcoin

    Bitcoin Mining Centralization Reaches Decade High as Two Pools Control 51% of Hashrate

    August 20, 20254 Mins Read


    TLDR

    • Foundry and AntPool now control over 51% of Bitcoin’s hashrate, raising concerns about network security
    • This is the highest mining concentration in over a decade, challenging Bitcoin’s decentralization principles
    • Foundry USA recently mined eight consecutive blocks, demonstrating unusual power concentration
    • Rising empty blocks suggest miners are prioritizing speed over transaction efficiency
    • Bitcoin price faces pressure near $110,530 support level amid these centralization concerns

    Bitcoin, long considered the gold standard of decentralized finance, is facing growing concerns about the concentration of its mining power. Recent data reveals that just two mining pools—Foundry USA and AntPool—now control over 51% of Bitcoin’s total hashrate, raising fears about network security and the potential for a theoretical 51% attack.

    According to analyst Jacob King, Foundry currently holds a 33.63% market share of Bitcoin’s mining hashrate, while AntPool accounts for 17.94%. This combined control of more than half the network’s processing power has alarmed many within the cryptocurrency community.

    Two Bitcoin mining pools now control over 51% of the network. The door is wide open for a 51% attack, which could completely destroy BTC.

    For context, the last and only time this happened was 11 years ago, in 2014, with GHash,io. They had to voluntarily reduce their hashrate to… pic.twitter.com/SMLpVrGGdG

    — Jacob King (@JacobKinge) August 19, 2025

    The concentration of mining power has reached levels not seen in more than a decade. Some community members have openly acknowledged that Bitcoin mining has become “extremely centralized,” with statistics from Evan Van Ness showing that three mining pools frequently hold over 80% of the global hashrate.

    This centralization directly challenges one of Bitcoin’s core principles: its decentralized nature. The cryptocurrency was designed to operate without central control, but the current mining landscape paints a different picture.

    A 51% attack occurs when a single entity or coordinated group controls more than half of a network’s mining power. While executing such an attack would be extremely costly—estimated at around $1.1 trillion—the theoretical possibility exists.

    If such an attack were to occur, the controlling mining pools could potentially manipulate transaction validation, block or reverse confirmed transactions, and even enable double-spending. These actions would compromise the Bitcoin network’s integrity and could cause financial losses.

    Foundry USA recently demonstrated its outsized influence by mining eight consecutive blocks, an occurrence described as highly unusual. This streak highlights the growing imbalance in mining distribution and raises questions about the health of the network.

    The rise in empty blocks—those containing no transactions—adds another layer of concern. These blocks generate minimal fees and suggest that miners are prioritizing speed over profitability, potentially reducing transaction efficiency and network revenue.

    Market Impact and Price Pressure

    Bitcoin’s price has been sliding toward a critical support level near $110,530, a threshold that traders are watching closely. Technical indicators, including the relative strength index and 20-day moving average, currently show bearish momentum.

    If the price holds above this support level, some analysts believe a rebound toward $120,000 is possible. However, a breakdown below $110,530 could signal further declines toward $107,000 or even $100,000.

    The centralization concerns come at a challenging time for Bitcoin and the broader cryptocurrency market. Macroeconomic factors, including a shift in Federal Reserve policy and the newly passed Genius Act stablecoin bill, have added pressure to crypto markets.

    Fears of a potential $6.6 trillion withdrawal from the stablecoin sector have raised systemic risks, creating a difficult environment for Bitcoin and other cryptocurrencies.

    While proponents argue that no rational actor would spend billions to destroy the network that sustains their investment, the perception of vulnerability is already affecting market confidence.

    The hashrate and difficulty of Bitcoin mining are currently at record highs, but concerns over a potential 51% attack have added psychological pressure to the market.

    Critics warn that this situation could transform Bitcoin from a decentralized asset into a perceived “risk and burden” for institutional investors. This shift could also impact the broader financial system.

    Many experts are questioning whether the Proof-of-Work (PoW) mechanism remains suitable to serve as the backbone of a global financial system. Its vulnerabilities, such as the risk of a 51% attack, raise concerns about its long-term viability.

    The current mining concentration is forcing the Bitcoin community to reconsider fundamental aspects of network governance and security. As hashpower continues to concentrate among a few dominant players, close monitoring of network dynamics will be essential.

    Bitcoin’s price currently hovers near $110,530, with traders watching for signs of either recovery or further decline amid these centralization concerns.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleHong Kong’s bourse operator posts record interim profit amid city’s IPO, stock market boom
    Next Article Bitcoin, Cryptos & Ethereum – American Wrap 20 August

    Related Posts

    Bitcoin

    Strategy Stock Surges 15% Above $170 as Bitcoin Price Rebounds from April Lows

    April 17, 2026
    Bitcoin

    Bitcoin hits $78,000 as Trump declares Hormuz open for business

    April 17, 2026
    Bitcoin

    Bitcoin price jumps past $77,000 as Hormuz reopening lifts risk appetite

    April 17, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Commodities

    Kansas’ Moran, Davids sound alarm on delay of USAID food aid to starving people worldwide

    February 7, 2025
    Bitcoin

    LE POINT CRYPTOS : Le bitcoin en hausse après le vote du Sénat américain sur les baisses d’impôt

    July 2, 2025
    Stock Market

    Market Close Stock Round-Up October 10, 2025: All 3 Major Indexes Take Major Dive Amid Tariff Fears

    October 10, 2025
    What's Hot

    Jack Mallers Confirmed As A Bitcoin 2026 Speaker

    March 17, 2026

    Bitcoin rises as Middle East turmoil sparks gold debate

    March 23, 2026

    Bitcoin Miner IREN Reports Record $187.3M Quarterly Revenue, Expands AI Operations

    August 29, 2025
    Most Popular

    Saylor’s Big Bitcoin Gamble Turns 4. Here’s How MicroStrategy Stock Has Performed

    August 11, 2024

    Tesla moves $765 million in Bitcoin to unknown wallets

    October 17, 2024

    Gold prices inch down as oil climbs, dollar firms amid ongoing Iran conflict By Investing.com

    March 12, 2026
    Editor's Picks

    Minister of Finance rings opening bell at London Stock Exchange to mark launch of “Qatar Day”

    November 11, 2025

    Stock Market Crash LIVE: Bloodbath on D-Street; Sensex down 600 pts, Nifty 50 around 25,000 after STT hike on F&O

    February 1, 2026

    How Mamdani’s Price Controls Could Skew CPI Data

    November 5, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.