A solo miner scored a serious win even because the broader market frets over a multimillion-dollar Coldcard {hardware} pockets exploit.
In response to mempool information, an unbiased miner efficiently packaged block 960,804 early Monday. The block reward of three.157 BTC is valued at roughly $199,300. Particulars on the particular {hardware} used stay unknown.
The success got here simply three weeks after one other solo miner, working a single hobbyist-grade Bitaxe machine, struck block 957,382, pocketing 3.1382 BTC, price roughly $200,000 on the time.
These back-to-back wins spotlight a broader pattern. Solo miners have already claimed 13 blocks this yr. Whereas particular person operators proceed to defy the percentages with comparatively modest setups, the broader Bitcoin mining sector has come underneath stress on account of tight margins. That has prompted a number of giant mining corporations to pivot towards synthetic intelligence information facilities and associated infrastructure searching for sustainability.
In the meantime, small BTC holders proceed to specific frustration over the Coldcard incident, which has led to the lack of long-held Bitcoin financial savings. Over the weekend, onchain information confirmed indicators of some BTC holders transferring hundreds of thousands of {dollars} price of cash to exchanges.