Morgoth grew weaker as a result, his power and spirit intermingled with the monsters he made. Eventually he grew so weak that one elf, with intense magical powers and weapons, hurt him in a duel. When the Valar came to
However, he had dragons, one of which, Ancalagon the Black, was larger than the Kraken or even Cronus.
The dragons could have potentially turned the tide, but the Valar, with the aide of Earendil, a half elf with magic weapons and a magic flying ship (he slayed Ancalagon).
The question we have to ask ourselves is, which era would these two be fighting in?
Morgoth, like all Valar and Maiar (lesser
If the battle happened before Morgoth "created" his
The orcs, trolls and other lesser creatures made by Morgoth would lose. If Sauron was there at the time (he later served Morgoth, but I can't recall if he was there at the Battle with the Valar, I
However, there are
The Kraken probably wont be harmed by dragon breath, but he could potentially be picked up by Ancalagon. The giant dragon could fly him from the battlefield, taking him to the sea and dropping him off
Or...
Remember, the Kraken slew Titans. Gods. There would be no way for a monster, no matter how large, to kill a god unless it had other powers and capabilities as well, and remember, the Kraken is the child of Hades. Also, remember that Ancalagon was slain by
Thus, the Kraken may indeed be capable of slaying Ancalagon the Black with a bite or claw scratch (perhaps in a similar vein to how Calybos, with powers from Hades, poisoned Perseus
Thus, Ancalagon could fall, and that might cause the collapse of the mountains of Morgoth...and the doom of Morgoth himself.
Thus, I conclude...