A solo Bitcoin miner has managed to mine the 780,112th block in the Bitcoin blockchain, receiving a 6.25 Bitcoin (BTC) block reward in return. The estimated value of the payout is over $150,000. The ...
Bitcoin mining is the process used to validate transactions on the network and introduce new Bitcoin into circulation. As of July 2024, around 19.5 million Bitcoin were in circulation. However, the ...
Konrad Fitzpatrick, a mining analyst at Compass Mining, notes that hash price is a critical metric that bitcoin miners use to measure their current and potential revenue. Compass Mining explains in a ...