Bitcoin rose back above $98,000 after dipping slightly when US President Donald Trump announced tariffs on aluminum and steel as part of an escalating US trade war. <\/p>\n
<\/span> 19767 <\/span> Total views <\/span><\/p>\n 30 <\/span> Total shares <\/span><\/p>\n<\/div>\n A solo Bitcoin miner hit the jackpot, mining a block for a 3.125 Bitcoin reward worth over $300,000.\u00a0<\/p>\n Block 883,181, mined on Feb. 10 by a miner listed as unknown, contained 3,071 transactions and a total reward<\/a> of \u200e3.15 Bitcoin (BTC<\/a>), according<\/a> to Bitcoin block explorer Mempool.space.<\/p>\n Bitcoin miner Marshall Long said in a Feb. 10 X post<\/a> that the miner was using an implementation of the CKPOOL but said they didn\u2019t \u201cseem to be from CKPOOL directly.\u201d He speculated the lucky miner might have used a Bitaxe.<\/p>\n Source: <\/em>Marshall Long<\/em><\/a><\/p>\n<\/figcaption><\/figure>\n A Bitaxe is a mining device that can be used<\/a> for solo mining or mining pools where miners combine their computational power to increase the chances of solving the block.<\/p>\n The Bitcoin hashrate<\/a> is currently at 788.86M, down -0.81% from 795.29M on Feb. 9, but up over 53% from one year ago, data<\/a> from Bitcoin transaction tracker YCharts shows.<\/p>\n A higher hashrate requires miners to use more computing power, increases energy costs and increases verification and transaction times, making it challenging for solo miners to validate a block successfully.<\/p>\n Related: <\/strong><\/em>Bitcoin mining hashrate set to slow down \u2014 Here\u2019s why<\/strong><\/em><\/a><\/p>\n It comes as the crypto markets continue to recover after a temporary dip when US President Donald Trump announced tariffs on aluminum and steel<\/a> in the latest salvo of an escalating US trade war.\u00a0<\/p>\n Magazine: <\/strong><\/em>How crypto laws are changing across the world in 2025<\/strong><\/em><\/a><\/p>\n<\/picture><\/div>\n