Bitcoin News
By Evie Vavasseur
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What 100 PH Actually Means. To put it plainly, 100 PH is a massive amount of computing power.
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Solo Mining's Shrinking Window. The broader picture for solo miners isn't pretty. Large-scale operations — mining pools with…
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Coldcard Issues Hang Over the Community. The mining win landed against a pretty grim backdrop.
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A solo miner just pulled off something most Bitcoin hobbyists only dream about. Block 960804 fell to a single operator, netting 3.125 BTC — roughly $200,000 at current prices.
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Dr -ck, a developer at CKPool, was the one who spotted it first. He flagged the win publicly, but he also flagged something else: the miner's hashrate hit 100 petahashes.
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To put it plainly, 100 PH is a massive amount of computing power. Large mining farms — the industrial kind with warehouses full of ASICs and cheap electricity contracts — operate…
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And that's a real thing now. Hashrate rental markets have matured enough that an individual can, for a window of time, punch way above their weight.
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So the miner paid for that firepower, aimed it right, and won. Block 960804 is theirs.
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The broader picture for solo miners isn't pretty. Large-scale operations — mining pools with thousands of machines running around the clock — dominate block production almost…
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That's why stories like this one get attention. It's rare. It's genuinely rare. And the fact that it required renting 100 PH to make it happen kind of tells you everything about…
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Dr -ck didn't give a breakdown of what the rental cost the miner, and that detail matters. If you spend $150,000 in rental fees to win a $200,000 block, the math looks a lot less…
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Related: Coldcard Breach Pushes 39,600 Bitcoin Into Sub-1 BTC Transfers
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The mining win landed against a pretty grim backdrop. Coldcard hardware wallet users have reportedly been hit by a series of attacks, and the losses are described as running into…
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Dr -ck noted that the Bitcoin network itself keeps running fine. And that's true — the protocol doesn't care about hardware wallet vulnerabilities.
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No official comments have come from the affected parties. The situation is still unresolved, and the community is watching. Cautiously.
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