btc_market_analysis

Bitcoin just had another one block reorg the third in four weeks.

On September 11, SpiderPool and AntPool both produced valid blocks at height 966,500.

For a short time, the network had two competing versions of the chain.

AntPool’s block ultimately won after the next block was built on top of it. SpiderPool’s block became stale and was removed from the main chain.

The two previous cases happened at:

• 962,722 — August 16
• 963,853 — August 24
• 966,500 — September 11

This does NOT mean Bitcoin was hacked or compromised. Short one block reorganizations can happen when miners find valid blocks at nearly the same time and those blocks reach different nodes in a different order.

For $BTC , the interesting part is the frequency three small reorgs in four weeks. It’s something worth monitoring, but this event alone does not point to a network security problem.
$BTC


#bitcoin #BTC #BitcoinThirdSingleBlockReorgInFourWeeks