Against All Odds: Solo Miner Claims $160,000 Bitcoin Block Reward – Here's What Happened
On August 18, an unexpected event in the Bitcoin mining space took everyone by surprise. A lone miner, not backed by massive computational power, claimed the full reward of 6.25 Bitcoin for solving block 803,821. In simp...
In simple terms, the miner earned about $160,000, minus a 2% fee retained by the mining service. So, how did this happen, and why is it such big news?...
Read More: Against All Odds: Solo Miner Claims $160,000 Bitcoin Block Reward – Here's What Happened
Original source
Read on CryptonewsRelated market context
Bitcoin faces one of its biggest mining difficulty drops as miner margins collapse
The Bitcoin network is poised to execute one of the largest downward adjustments to its mining difficulty in its 17-year history t...
THE THIRD RUSH: Where is the “Bitcoin” of the Ai Goldrush?
After months of deep thinking & a lot of discussions with some very smart people, I’ve decided to write an article for the first t...
Bitcoin Mining Cost Model Points To $47,000 Floor, But Analysts Urge Caution
TL;DR Crypto Rover says Bitcoin has never bottomed below electrical production cost, currently estimated at $47,000. Mining-cost m...
Bitcoin Mining Difficulty Set for Steep Drop as Hashrate Slides After Price Crash
Bitcoin’s mining difficulty is on track for the second-largest downward adjustment this year, offering a reprieve to miners after...
Here's what SpaceX's IPO means for its $1.3 billion bitcoin reserve
The largest company on public markets now holds bitcoin as a treasury reserve, not as a business model. Its first earnings cycles...
SEC targets 20-year-old rule standing between Wall Street and blockchain trading
The Securities and Exchange Commission (SEC) is moving to dismantle a stock-trading rule that has governed Wall Street for two dec...