Solo Bitcoin Miner Beats 1-in-28,000 Odds to Win $210,000 Block Reward

A solo bitcoin miner operating with minimal computing power has defied extraordinary odds to validate a block on the Bitcoin network, earning approximately $210,000 in rewards. The miner, connected to the anonymous solo.ckpool.org mining pool, successfully validated block 943,411 on Thursday, securing 3.139 BTC despite controlling an infinitesimal share of the network’s total hashrate. The…

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Coolpad to Spend $13.5m on Bitcoin Mining Rigs for North America

Chinese telecom giant Coolpad has announced a significant investment in Bitcoin mining rigs, earmarked for deployment across North America. This strategic pivot follows Coolpad’s earlier initiative to invest in Bitcoin-centric enterprises, signaling robust confidence in the digital currency’s future.   Mining rigs are the workhorses of the cryptocurrency world. They perform the critical task of…

Coolpad to Spend $13.5m on Bitcoin Mining Rigs for North America