A solo miner earned $289,191 by mining Bitcoin block #933,034, while the network's hashrate recently dipped below 1,000 EH/s.
On January 20, a solo miner achieved a significant milestone by successfully mining Bitcoin block #933,034, which earned him a reward of 3.131 BTC, valued at approximately $289,191.
This block comprised 1,129 transactions, generating an additional 0.006 BTC (around $562) in transaction fees for the miner. He utilized computing power rented from NiceHash, incurring a cost of $90. Details regarding the miner's hashrate remain undisclosed.
Earlier, on January 15, another solo miner mined Bitcoin block #932,373, accumulating a total income of $304,814 from that block, which included 2,581 transactions and fees amounting to 0.032 BTC (about $3,058). This miner also operated with equipment from NiceHash.
Bitcoin Hashrate Declines
In a notable development, the Bitcoin network's hashrate dipped below 1,000 EH/s for the first time since mid-September, reaching a low of 992 EH/s. Analysts suggest that this decline may be due to miners redirecting their resources toward artificial intelligence ventures.
As of now, the hashrate has rebounded to 1,013 EH/s, yet it remains considerably lower than the historical peak of 1,157 EH/s recorded in October.
Additionally, the mining difficulty for Bitcoin has seen a decrease, with the latest adjustment reflecting a 1.2% drop to 146.47 T, thereby making it easier for miners to find new blocks. In the past week, the hash price has also fallen from $42 to $38.5 PH/s daily.
It is worth noting that earlier this month, miner Canaan received a notice regarding a possible delisting from Nasdaq.
