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The Bitcoin pool Foundry mined seven consecutive blocks, resulting in a network split., 2026/03/24 14:54:23
The largest mining pool globally, Foundry, successfully mined seven consecutive Bitcoin blocks, ranging from #941879 to #941885. During simultaneous mining by multiple pools, the Bitcoin network experienced a split, yet the blockchain acknowledged Foundry’s outcome.
Prior to block #941881, Foundry managed to mine four blocks in succession. Subsequently, block #941881 was nearly simultaneously discovered by two mining pools—Foundry and AntPool. The time difference between the discoveries was merely 12 seconds, resulting in a chain split, effectively a fork.
Following this, a third pool, ViaBTC, mined block #941882, extending the chain initiated by AntPool. At the same time, Foundry located its block #941882, creating an alternative branch.
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In the Bitcoin blockchain, such scenarios are resolved automatically—the network selects the branch with the highest cumulative proof of work (Proof-of-Work, PoW). The algorithm favored Foundry’s chain, likely because its branch was growing more rapidly and had a higher cumulative difficulty.
The blocks mined by AntPool and ViaBTC were discarded, and the transactions included in them returned to the mempool—waiting for confirmation. Consequently, the miners did not receive any rewards.
At the end of February, a solo miner mined block #938092 of the Bitcoin network, earning a reward of 3.125 BTC (over $200,000). The miner had spent approximately $75 on renting computational power.
In mid-March, the average cost of mining one Bitcoin rose to $88,000. With the market price hovering around $69,000 per coin, miners are operating at an average loss of about 21%, according to analysts from Checkonchain.
