Bullish
Foundry USA Mines 6 Consecutive Blocks, Bitcoin Chain Reorganization Occurs
2026-07-29 14:34:52
Foundry USA secured six consecutive blocks, triggering a Bitcoin chain reorganization that orphaned Antpool and ViaBTC blocks, causing miners to lose rewards and fees.
Woofun AI reports that Antpool mined Bitcoin block 941,881 at 15:49:35 UTC, while Foundry USA produced a competing block at the same height 12 seconds later. Although ViaBTC extended the Antpool branch with block 941,882, Foundry USA subsequently mined blocks 941,883 through 941,886 consecutively. This accumulation of work caused nodes to reorganize to the Foundry USA chain, orphaning the Antpool and ViaBTC blocks. Consequently, relevant miners forfeited block rewards and transaction fees, while unconfirmed transactions returned to the memory pool for later confirmation.
WOOFUN AI
Impact Assessment · Quick Read
The rapid succession of blocks by Foundry USA highlights its significant hash rate dominance, allowing it to outpace competitors in a race condition. The orphaning of Antpool and ViaBTC blocks results in immediate revenue loss for these pools, though the impact is typically absorbed as a cost of mining. Such reorganizations underscore the probabilistic nature of Proof-of-Work consensus, where temporary forks resolve based on cumulative computational work.
Generated by WOOFUN AI · For reference only, not investment advice
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