A solo miner turned $75 in rented hashpower into a $200,000 Bitcoin block reward, defying steep odds in a rare, lottery-like win.

Despite incredibly long odds, someone scored a $200K BTC block reward after spending just $75 to rent Bitcoin mining power.

Canaan (CAN) acquired Cipher Mining’s 49% stake in three West Texas mining projects for $39.75 million in shares, giving Cipher a significant equity stake in Canaan.

A solo miner hit the jackpot today after validating a block to cash in 3.125 Bitcoin, or about $200,000, from the block reward through rented hashrate.

After plunging in January, Bitcoin’s hashrate rebounded strongly in February, signaling renewed miner confidence in BTC’s price outlook.

Bitcoin’s BTC $65,076.79 mining difficulty dropped by around 11%, its largest decline since China’s 2021 crackdown on the industry, after a sharp decline in hashrate triggered by plunging prices and ...

Bitcoin mining difficulty plummeted more than 11% this week, recording its steepest decline since the 2021 crackdown in China. The drop was driven by severe winter storms and surging energy prices, ...

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Bitcoin and other cryptocurrency markets are rebounding on Friday after hitting lows not seen in years. As of publication, Bitcoin has since soared back over $70,300 following yesterday's crash. But ...

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The price of Bitcoin is now lower than when President Trump was elected in 2024, raising concerns of a new “crypto winter" in the industry. Note: As of 4:15 p.m. Eastern on Feb. 5. Source: FactSet. By ...

Bitcoin extended its sharp decline on Thursday, falling to $67,000 and breaking below its 2021 all-time high of $69,000. The drop erased nearly all gains since the bear market bottom in November 2022.