A solo miner scored a significant win even because the broader market frets over a multimillion-dollar Coldcard {hardware} pockets exploit.
In accordance with mempool information, an impartial miner efficiently packaged block 960,804 early Monday. The block reward of three.157 BTC is valued at roughly $199,300. Particulars on the precise {hardware} used stay unknown.
The success got here simply three weeks after one other solo miner, operating a single hobbyist-grade Bitaxe system, struck block 957,382, pocketing 3.1382 BTC, value roughly $200,000 on the time.
These back-to-back wins spotlight a broader development. Solo miners have already claimed 13 blocks this yr. Whereas particular person operators proceed to defy the chances with comparatively modest setups, the broader Bitcoin mining sector has come below stress resulting from tight margins. That has prompted a number of massive mining firms to pivot towards synthetic intelligence information facilities and associated infrastructure looking 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 tens of millions of {dollars} value of cash to exchanges.
