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Foundry's Seven-Block Sprint Sparks a Two-Block Tango – When Hash-Power Gets a Bit Too Chummy
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Foundry's Seven-Block Sprint Sparks a Two-Block Tango – When Hash-Power Gets a Bit Too Chummy

On Monday night, the mining heavyweight Foundry USA decided to go on a solo run, mining seven consecutive blocks and, in the process, triggering a rare two-block chain reorganization at height 941,881. The reorg sent perfectly valid blocks from AntPool and ViaBTC to the digital shadow realm, a classic case of "my proof-of-work is bigger than yours."

At 15:49:35 UTC, AntPool's block landed, and a mere twelve seconds later, at 15:49:47 UTC, Foundry's block arrived like an uninvited guest to the same party. Both chains briefly existed in a state of forked uncertainty, with nodes picking sides like a chaotic schoolyard game. The race intensified at block 941,882: ViaBTC extended AntPool's branch while Foundry doubled down on its own. Then, from block 941,883 through 941,886, Foundry hit the jackpot every single time, making its chain the undisputed heavyweight champion. The network, doing its Nakamoto consensus thing, shrugged and kept the longer chain, politely discarding the two AntPool/ViaBTC blocks as stale bread.

The orphaned transactions weren't lost to the void—they just took a quick trip back to the mempool spa and will be repackaged for inclusion later. The whole event is a perfect, if slightly dramatic, live demo of Bitcoin's core rule: the chain with the most cumulative proof-of-work wins, no matter who's feelings get hurt.

So why the sudden display of mining dominance? Mining difficulty took a 7.76% nosedive on Saturday, the second-largest negative adjustment this year, while total hashrate retreated to roughly 920 EH/s from the dizzying 1 ZH peak of 2025. With Bitcoin chilling around $70,000—well below the estimated $88,000 average production cost—smaller and mid-size miners are tapping out. Every exit concentrates the remaining hash-power into fewer hands, and this latest reorg is the blockchain's way of flashing a "centralization warning" light on the dashboard.

A two-block reorg isn't a security panic; the protocol handled it with robotic grace, re-establishing consensus faster than a degen can say "wagmi." The growing concentration, however, does raise the probability that a single pool can go on a block-producing hot streak, increasing the chances of these short-lived chain splits when the big players' block finds get a little too cozy in the timestamp.

In short: Foundry's block-making marathon was a live-action exhibit of hash-rate centralization, serving as a cheeky reminder that while Bitcoin's security model is still rock solid, the mining landscape is starting to look like a VIP section with a very exclusive guest list.

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Publishergascope.com
Published
UpdatedMar 24, 2026, 06:01 UTC

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