- Foundry USA and AntPool now management over half of Bitcoin’s hash energy.
- Bitcoin worth is slipping towards $110,530, a essential assist stage.
- Macro fears and Fed shifts add stress to already weak crypto markets.
After Monero’s 51% takeover, two Bitcoin mining swimming pools have sparked fears of a potential 51% attack on Bitcoin.
Notably, the developments have raised vital questions concerning the safety of the Bitcoin community and the steadiness of the broader crypto market.
Additionally, the issues over mining centralisation have intensified simply as BTC faces steep worth declines and broader macroeconomic pressures.
Two mining swimming pools dominate Bitcoin’s hash energy
Two main mining swimming pools, Foundry USA and AntPool, now management greater than half of Bitcoin’s complete computing energy.
JUST IN: 🚨 Bitcoin is now at risk of a 51% attack as two mining swimming pools management over 51% of the hash energy. pic.twitter.com/QKkMziOy1C
— Leo Lanza | ETHisDigitalOil.eth (@l3olanza) August 19, 2025
Foundry even mined eight consecutive blocks in a row, an occasion that’s extraordinarily uncommon and has heightened fears of community centralization.
With over 51% of the hash energy concentrated in simply two entities, specialists warn that Bitcoin is technically susceptible to a 51% attack.
In such a state of affairs, the dominant miners may doubtlessly reorganize blocks, censor transactions, or undermine belief within the community.
Whereas such an attack can be extraordinarily expensive and maybe self-defeating, the centralization pattern has raised crimson flags throughout the neighborhood.
Rising empty blocks and collapsing charges
Alongside the hash energy imbalance, analysts have famous a rise within the quantity of empty blocks being mined.
Empty blocks generate decrease transaction charges, which has led to collapsing revenues for miners and fewer environment friendly community utilization.
This example has additional fueled issues concerning the long-term sustainability of the Bitcoin ecosystem, notably as customers demand larger effectivity from the blockchain.
Though some commentators argue that a 51% attack would require an astronomical funding, estimated at round $1.1 trillion, additionally they admit that the risk of manipulation grows when energy turns into too concentrated.
Supporters of Bitcoin imagine that no rational actor would spend such sums to destroy the very community that sustains their funding.
Nonetheless, the notion of risk is sufficient to shake market confidence.
Bitcoin worth slides towards key assist ranges
The safety fears are unfolding at a delicate second for Bitcoin’s worth.
After reaching an all-time excessive of $124,000 simply final week, Bitcoin (BTC) has fallen sharply to round $113,000.
The cryptocurrency is now approaching a essential assist stage close to $110,530, the place consumers are anticipated to step in.
If the value holds above that stage, a rebound towards $120,000 and finally $124,474 may comply with.
Some analysts like standard X commentator BitQuant are assured that Bitcoin remains to be on monitor to succeed in $145,000 with out ever dipping under the six-figure mark.
Nonetheless, if Bitcoin breaks under the $110,530 assist zone, the decline may deepen towards $107,000 and even $100,000.
Brief-term charts present bearish momentum, with the relative power index in detrimental territory and the 20-day shifting common sloping downward.
Macro fears add stress on crypto markets
Past the technical charts, macroeconomic shocks are additionally weighing on sentiment.
A current shift in Federal Reserve coverage, mixed with Wall Road warnings concerning the newly handed Genius Act stablecoin invoice, has unsettled traders.
There are fears that the laws may set off a flood of withdrawals value as much as $6.6 trillion, posing systemic dangers to each banking and crypto markets.
