⚠️₿ Bitcoin Sees Third Single-Block Reorg in Four Weeks
Bitcoin experienced a one-block blockchain reorganization on September 11 at block height 966,500, after SpiderPool and AntPool mined competing valid blocks at the same time. ⛏️🔗
🔄 AntPool’s chain ultimately became the canonical chain because it accumulated more work, leaving SpiderPool’s block orphaned.
📊 This was Bitcoin’s third one-block reorg in four weeks, following similar events at blocks 962,722 on Aug. 16 and 963,853 on Aug. 24.
🛡️ Importantly, this does not indicate a Bitcoin hack or security failure. Short one-block reorganizations can occur naturally when miners find blocks at nearly the same time.
#Bitcoin ₿ #BitcoinMining ⛏️ #Blockchain ⛓️#BitcoinReorg 🔄 #ProofOfWork 🔐
Bitcoin experienced a one-block blockchain reorganization on September 11 at block height 966,500, after SpiderPool and AntPool mined competing valid blocks at the same time. ⛏️🔗
🔄 AntPool’s chain ultimately became the canonical chain because it accumulated more work, leaving SpiderPool’s block orphaned.
📊 This was Bitcoin’s third one-block reorg in four weeks, following similar events at blocks 962,722 on Aug. 16 and 963,853 on Aug. 24.
🛡️ Importantly, this does not indicate a Bitcoin hack or security failure. Short one-block reorganizations can occur naturally when miners find blocks at nearly the same time.
#Bitcoin ₿ #BitcoinMining ⛏️ #Blockchain ⛓️#BitcoinReorg 🔄 #ProofOfWork 🔐
