11.02.2025 10:43
Under the shadow of Donald Trump's trade policies, as Bitcoin approaches the $100,000 level again, a solo Bitcoin miner achieved great success with a block reward worth $300,000.
The Bitcoin market has surpassed the $98,000 level, overcoming the fluctuations caused by new tariffs imposed by U.S. President Trump. During this process, a solo Bitcoin miner gained attention by winning a block reward worth $300,000 on their own. This event highlighted how profitable solo mining can still be.
Individual Bitcoin Miner Makes History
Bitcoin markets entered a recovery phase following the fluctuations caused by U.S. President Donald Trump's new tariff decisions. The cryptocurrency rose above the $98,000 level, compensating for the temporary drop caused by tax increases on steel and aluminum.
While recoveries were seen in the price of the leading cryptocurrency Bitcoin, a user engaged in solo Bitcoin mining successfully solved block number 883,181 and earned a reward worth 3.125 Bitcoin. In this recent achievement, the miner conducted 3,071 transactions, resulting in a total gain exceeding $300,000.
While the identity of the successful miner remains unknown, according to industry expert Marshall Long's assessment on the X platform, it is speculated that the miner may have used the CKPOOL application. However, it is also believed that the miner is not directly connected to CKPOOL and may have used a device called Bitaxe, which combines the processing power of miners to increase the chances of solving blocks.
The hashrate value, which indicates the processing power of the Bitcoin network, is currently around 788.86 million, according to YCharts data. Although this figure shows a decrease of 0.81% compared to the previous day, it indicates an impressive annual increase of 53%. Rising hashrate values mean increased energy costs, especially for individual miners, making personal mining activities more challenging.
In the market, large mining companies such as Bit Digital, Riot Blockchain, and Marathon Digital stand out in block verification processes due to their high processing powers. Finally, according to market data, Bitcoin managed to rise above the $98,000 level with a 1.22% increase in the last 24 hours. However, this figure remains well below the record level of $109,000 that the cryptocurrency reached shortly before Trump took office on January 20.