Solo Bitcoin Miner With Only 126TH Secures USD 266,870 in Block Reward
A solo Bitcoin (BTC) miner with a hashrate capacity of just 126 terahashes per second (TH/s) has managed to successfully add a new block to the Bitcoin network, securing the BTC 6.25 block reward, which is worth over USD...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A solo Bitcoin (BTC) miner with a hashrate capacity of just 126 terahashes per second (TH/s) has managed to successfully add a new block to the Bitcoin network, securing the BTC 6.25 block reward, which is worth over USD 266,870 at the current price rates.
As per data by Blockchain.com, the total bitcoin hash rate is currently at over 174 exahashes per second (EH/s). Therefore, the lucky miner maintained merely 0.000073% of that tally....
Read More: Solo Bitcoin Miner With Only 126TH Secures USD 266,870 in Block Reward
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
A crypto network just voted to abandon its standalone blockchain and unlock 27% of its token supply
GnosisDAO has approved a plan to retire Gnosis Chain’s standalone Layer 1, a shift that will unlock roughly 350,000 staked GNO. Un...
Bitcoin miner Ionic gets 90% of revenue from AI lease as BTC drives $35M loss
Ionic Digital, a Bitcoin miner repositioning its power sites for AI infrastructure, generated 90% of its second-quarter revenue fr...
Bitcoin flashes 8 capitulation signals, but traders just spent $552 million protecting against another crash
Bitcoin is showing some of the strongest capitulation signals of the current downturn, suggesting the selloff may be entering a la...
Bitcoin Price Prediction: BlackRock Just Cut Its Bitcoin ETF Minimum by 96%
Bitcoin is sitting roughly 30% below where it started the year, a level that would normally trigger a negative price prediction. I...
Fireblocks Network for Payments processes over $100B monthly in stablecoin transactions
Fireblocks' streamlined stablecoin network could accelerate global financial integration, reducing friction in cross-border transa...
Chainlink’s McCormick envisions AI-driven blockchain transactions in a multi-chain future
AI-driven blockchain transactions could revolutionize financial systems, enhancing efficiency and interoperability across diverse...