Solo Miner Scores Big Win Amid Coldcard Frustration
A solo Bitcoin miner has scored a major win, taking home $199,300 in block rewards. The miner successfully packaged block 960,804 on Monday, according to mempool data.
This comes just three weeks after another solo miner, using a single hobbyist-grade Bitaxe device, struck block 957,382 and pocketed 3.1382 BTC, worth roughly $200,000 at the time.
The success of these individual operators highlights a broader trend in the Bitcoin mining sector, where tight margins have prompted several large mining companies to pivot towards artificial intelligence data centers and related infrastructure in search of sustainability.
Meanwhile, small BTC holders continue to express frustration over the Coldcard incident, which has led to the loss of long-held Bitcoin savings. Onchain data showed signs of some BTC holders moving millions of dollars worth of coins to exchanges over the weekend.