Foundry USA Dominates Bitcoin Fork with Consecutive Block Wins
- A Bitcoin reorganization occurred at block height 941880 on March 23.
- Competing blocks were mined by Foundry USA and a rival branch supported by Antpool and Viabtc, causing a temporary fork.
- Foundry USA mined seven consecutive blocks, extending its chain beyond the competing branch.
- The network eventually followed Foundry’s longer chain, marking rival blocks as “orphaned.”
- This event followed a significant difficulty adjustment of -7.76%, increasing the likelihood of simultaneous block discoveries.
The recent mining race between Foundry USA and Antpool+Viabtc led to a rare two-block reorganization in the Bitcoin network, showcasing the system’s ability to resolve conflicts without human intervention.
Despite the brief fork, transactions remained secure, highlighting the effectiveness of Nakamoto consensus in maintaining network integrity during competitive mining scenarios. (Source)
