• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Ripple CTO Steps Down, Accepts New Offer – What You Need To Know
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Ripple CTO Steps Down, Accepts New Offer – What You Need To Know
Bitcoin

Bitcoin At Risk Of 51% Hack? Just Two Mining Pools Control Majority Of Hashrate

Keshav Verma
by Keshav Verma
1 month ago
·
Posted in Bitcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Two Bitcoin mining pools now make up for 51% of the network Hashrate, raising potential concerns about the centralization of the blockchain.

Foundary & AntPool Make Up For The Majority Of The Bitcoin Hashrate

As pointed out by X user Leo Lanza in a post, two mining pools have gained control of more than 51% of the Bitcoin Hashrate. The “Hashrate” here refers to a measure of the total amount of computing power that miners have connected to the network.

Related Reading: Bitcoin Dip Sparks Mixed Reactions: Buyers Step In, Profit Takers Surge

BTC runs on a consensus mechanism known as the Proof-of-Work (PoW), in which validators compete against each other using computing resources to get the chance to add the next block to the chain. The Hashrate tracks this power being employed by miners as a whole.

Below is a chart from Blockchain.com that shows the trend in the 7-day average of the global Bitcoin Hashrate.

Bitcoin Hashrate

The value of the metric appears to have been moving up in recent days | Source: Blockchain.com

As is visible in the graph, the 7-day average Bitcoin Hashrate has witnessed a rise recently and is now nearly at the all-time high (ATH). Thus, it seems validators are in expansion mode.

While the Hashrate makes a collective measure of the computing power that the miners have attached, these resources never actually work in tandem due to the nature of PoW. This competition is actually what secures the BTC network.

PoW only works, however, as long as participants involved are sufficiently decentralized. If a particular miner was to gain control of the majority of the Hashrate, they can, in theory, alter the blockchain to their will.

Such an attack is popularly known as a 51% attack. Other consensus mechanisms like Proof-of-Stake (PoS) can also fall prey to this method. For example, if a staker (miner-equivalent on PoS networks) assumes control of over 51% of the staked ETH, they can take over the Ethereum blockchain.

Today, Bitcoin has grown so much that a 51% hack is extremely hard to pull off. Even so, it isn’t outright impossible. One threat to BTC’s decentralization comes in the form of mining pools, groups where individual miners coalesce to get a better shot at earning revenue.

And this is where the current concern lies: two pools are sitting on more than 51% of the Bitcoin Hashrate.

Bitcoin Mining Pools

The breakdown of the BTC mining power across the various pools | Source: @l3olanza on X

As data from Hashrate Index shows, Foundary USA and AntPool currently have 33.6% and 17.9% of the BTC mining power, respectively. Combined, they make up for 51.5% of the global Hashrate.

Related Reading: WazirX Revote Passes With 95.7% Support: When Will Users Get Their Crypto Back?

Though, while this may be true, an attack should still be unfeasible. As mentioned before, these pools are still made up of individual miners, each of which need to be coordinated to pull off a takeover. Beyond the logistical problem, any successful attack would crash the Bitcoin price and directly hurt the miners involved.

BTC Price

At the time of writing, Bitcoin is trading around $113,700, down almost 6% over the last week.

Bitcoin Price Chart

The trend in the BTC price during the past five days | Source: BTCUSDT on TradingView
Featured image from Dall-E, Blockchain.com, HashrateIndex.com, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Keshav Verma

Keshav Verma

Follow

Keshav is a Physics graduate who has been employed as a writer with Bitcoinist since June 2021. He is passionate about writing and through the years, he has gained experience working in a variety of niches. Keshav holds an active interest in the cryptocurrency market, with on-chain analysis being an area he particularly likes to research and write about.

Full Profile

Related Posts

Spot Bitcoin ETFs Record $1.08B In 4-Day Volume: Fueling Price Momentum

Spot Bitcoin ETFs Record $1.08B In 4-Day Volume: Fueling Price Momentum

57 minutes ago
Bitcoin news

Bitcoin Prediction Upgraded: Citi, JPMorgan Drop Jaw-Dropping 12-Month Targets

3 hours ago
Bitcoin

Bitcoin HODLer Selling Cooling Off As ETF Inflows Return: Glassnode

9 hours ago
Bitcoin Spot Demand Surges As Coinbase Premium Signals Strength – Details

Bitcoin Spot Demand Surges As Coinbase Premium Signals Strength – Details

17 hours ago
Bitcoin news

Euro’s Death Spiral Makes Bitcoin The New Reserve: Arthur Hayes

19 hours ago
Metaplanet Bitcoin

Japan’s Metaplanet Becomes 4th Largest Bitcoin Treasury After $615M Buy

1 day ago

Premium Sponsors

Press Releases

  • The Quiet Market Shift Investors Might Be Missing: How Tapzi Is Challenging Institutional Favorites

    The Quiet Market Shift Investors Might Be Missing: How...

    8 minutes ago
  • Investors Search for Long-Term Upside in This Under-$0.01 Crypto of 2025 Tapzi

    Investors Search for Long-Term Upside in This Under-$0.01...

    2 hours ago
  • MoonBull Presale Explodes with over 11,800% Projected ROI as Uptober Sends the Market Soaring

    MoonBull Presale Explodes with over 11,800% Projected ROI...

    4 hours ago
  • 狗狗幣引領『Uptober』Meme...

    9 hours ago
  • ตัวละคร Snorter ขนฟูโต้คลื่นบนเซิร์ฟบอร์ดสีชมพู

    จับตา Uptober!...

    1 day ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.