Disclaimer: Information found on CryptoreNews is those of writers quoted. It does not represent the opinions of CryptoreNews on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoreNews covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.
Related Posts
A solo miner successfully mined block #938092 in the Bitcoin network, earning a reward of 3.125 BTC (over $200,000). The miner spent approximately $75 on renting computational power, as reported by the mining firm Braiins.
The miner utilized CKPool—a service that enables individual miners to operate independently while using a pool server for job broadcasting and solution submission. Braiins noted that while mining an entire block alone is an uncommon occurrence, even investments of less than $100 in rented hash rate can yield positive results.
Over the past year, 21 miners have managed to mine Bitcoin blocks, collectively receiving 66 BTC, which amounts to $4.1 million. According to the solo miner data aggregator Bennet, this figure represents a 17% increase compared to the number of confirmed blocks in 2024.
Previously, the Singapore-based company Bitdeer, which specializes in Bitcoin mining, announced the complete liquidation of its holdings in the first cryptocurrency, without providing any reasons.
