An illustration showing the concerning trend of Bitcoin mining centralization, highlighting a large entity like Foundry USA dominating BTC blocks.
Bitcoin News

Bitcoin Mining Centralization: Alarming Trends as Foundry USA Dominates BTC Blocks

Concerns over **Bitcoin mining centralization** have recently intensified following reports of a prominent U.S.-based mining pool, Foundry USA, successfully mining eight consecutive **BTC blocks**. This unusual streak has sparked significant debate within the cryptocurrency community. Many observers, including crypto analyst Jacob King from WhaleWire, view this development with apprehension. He highlighted on X that such […]