A solo Bitcoin miner recently collected a 3.125 BTC block reward worth $372,773 through the Solo CK pool. The miner successfully mined block 907283, consisting of 4,038 transactions and $3,436 in block fees. Despite the challenges of rising network hashrate and difficulty, solo miners have achieved notable victories.
Even established mining companies are feeling the pressure from increasing network difficulty and hashrate, alongside a reduced block subsidy. Some firms have diversified into AI data centers and high-performance computing to stay competitive. The current Bitcoin network difficulty is around 126 trillion and continues to rise over time.
Miners must expend more computing and power resources to mine a single block, which yields a 3.125 BTC reward valued at approximately $373,000. The competitive industry operates on thin margins, pushing companies to seek the cheapest energy resources for maximum uptime. Weather events and power continuity impact mining operations.
In June, Bitcoin miners in Texas reduced energy consumption to avoid peak demand charges, leading to a decline in short-term block production. MARA and other mining firms reported lower output numbers due to weather conditions affecting mining operations.
Read more at Cointelegraph: Solo Bitcoin Miner Successfully Mines Block