On January 20, a solo miner successfully mined block #933,034 in the Bitcoin network, earning a reward of 3.131 BTC ($289,191).

Source: mempool.space

The block contained 1,129 transactions, generating an additional 0.006 BTC ($562) in fees for the miner. He rented computing power from NiceHash, paying $90. No further information about the user's hashrate is available. 

On January 15, another solo miner successfully mined block #932,373, with a total income of $304,814.

Source: mempool.space

This block contained 2,581 transactions, with fees reaching 0.032 BTC ($3,058), credited to the miner's account. He also operated on NiceHash equipment.

Hashrate Hits a Low

For the first time since mid-September, the Bitcoin network's computing power dropped below the psychological threshold of 1,000 EH/s, falling to 992 EH/s. Experts attribute this trend to miners shifting focus towards artificial intelligence.

At the time of writing, the hashrate has recovered to 1,013 EH/s, still significantly below the historical peak of 1,157 EH/s recorded in October.

Smoothed seven-day moving average of Bitcoin's hashrate. Source: Hashrate Index

The difficulty of mining Bitcoin continues to decline. In the latest adjustment, it dropped by 1.2% to 146.47 T, making it easier to mine the cryptocurrency by reducing the computational work required to find a block. 

Over the past week, the hash price decreased from $42 to $38.5 PH/s per day.

Source: Hashrate Index.

As a reminder, earlier in January, miner Canaan received a notice regarding a potential delisting from Nasdaq.