Solo Miner Hits the Jackpot with $300,000 Bitcoin Block
On February 10, 2025, a solo Bitcoin miner achieved an extraordinary feat by discovering block number 883,181, earning a reward of 3.15 BTC, equivalent to approximately $307,000. According to BTC-Explorer data from Mempool.space, the block contained 3,017 transactions. This remarkable event occurred while Bitcoin's value hovered near $100,000 per coin. The miner, whose identity remains unknown, is reportedly part of the CK Pool, a mining collective that aggregates the hash rate of smaller miners but rewards only the successful hash creator. This achievement highlights the rare and lottery-like nature of solo mining. For more details, visit BTC-ECHO | Bitcoin & Blockchain since 2014 at https://www.btc-echo.de/schlagzeilen/jackpot-geknackt-solo-miner-findet-bitcoin-fuer-300-000-us-dollar-201354/.
Bitcoin Miner Capitulation Signals Potential Price Floor
Recent developments in the Bitcoin market suggest a potential local price floor as miners enter a new capitulation phase. According to IT BOLTWISE® x Artificial Intelligence, the Hash-Ribbon indicator, which tracks the 30-day and 60-day moving averages of Bitcoin's hash rate, has signaled a possible price reversal. Historically, such capitulation phases precede sustained Bitcoin price increases. The last miner capitulation occurred in October 2024, just before Bitcoin's price surged past $73,800 and reached $108,000 two months later. Charles Edwards, founder of a quantitative Bitcoin fund, noted that miners have recently increased their Bitcoin holdings, indicating a strategic accumulation phase. For further insights, refer to IT BOLTWISE® x Artificial Intelligence at https://www.it-boltwise.de/bitcoin-miner-kapitulation-deutet-auf-preisuntergrenze-unter-100-000-usd-hin.html.
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