- Several individual miners found blocks on the Bitcoin network in late December, earning roughly $271,000–$281,000 each.
- One miner used about $100 of rented hashpower to mine block 928351.
- Bitcoin price has slipped below $87,000 and shows modest short-term declines per market data.
- VanEck reports the network hashrate dropped about 4%, which may have boosted solo mining success.
In recent days, individual miners have successfully mined multiple Bitcoin blocks. On Dec. 19 a solo miner found block 928351 using roughly $100 of rented hashpower via NiceHash, earning 3.152 BTC (about $271,000). On Dec. 23 another solo miner mined block 928985, receiving 3.128 BTC (around $281,000). A further solo-mined block earned 3.12 BTC, according to reports.
Solo mining is when an individual miner attempts to find blocks alone rather than joining a pool. Hashrate (or network hashrate) is the combined computational power securing the Bitcoin network; lower hashrate can raise the short-term chance that a small miner finds a block. NiceHash is a marketplace that lets users buy or rent hashpower.
Bitcoin has fallen below $87,000. Market trackers show BTC down 0.2% over 24 hours, 6% over 14 days, and 7.8% since December 2024, while weekly and monthly charts record small gains of 0.4% and 0.3% respectively, per CoinGecko’s Bitcoin data. The coin peaked at an all-time high of $126,080 in October and has trended lower since.
VanEck notes a roughly 4% drop in network hashrate — the largest fall since April 2025 — which may have increased solo miners’ odds of finding blocks (VanEck). Major institutions differ on outlooks for next year: Grayscale and Bernstein expect rebounds, while Barclays warns of potential headwinds from weaker spot volumes and demand.
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