Bitcoin mining giants Marathon Digital Holdings, Riot Platforms, and Hut 8 have secured positions among the top ten public companies holding Bitcoin, according to data from BitcoinTreasuries.NET. As corporate treasury purchases of the cryptocurrency are projected to hit their lowest quarterly level since Q3 2024, these miners are emerging as the new anchor for public-market Bitcoin holdings, leveraging their unique ability to acquire BTC at below-market costs to potentially shape the future of corporate adoption.
about Bitcoin Miners Lead Corporate Adoption as Treasury Buys SlowPete Rizzo
0 posts last weekSolo Miner Hits Bitcoin Jackpot with 2.3 PH/s Rig
A solo Bitcoin miner achieved an extraordinary feat by mining an entire block with a modest 2.3 petahash rig, securing a $349,028 reward. Bitcoin historian Pete Rizzo noted the miner ‘beat incredible odds,’ as such small-scale operations typically have only a 0.004% daily chance of solving a block. The miner, operating through the CKpool, defied statistical expectations—normally requiring an average of eight years for such a setup to succeed. This rare event underscores the decentralized and unpredictable nature of Bitcoin mining, where even individual participants can occasionally outperform large mining pools.
about Solo Miner Hits Bitcoin Jackpot with 2.3 PH/s RigHome Miner Claims Bitcoin Jackpot with Help from Donated Hashrate
A solo miner using a $400 FutureBit machine reportedly mined a block and earned a reward of 3.125 Bitcoin, valued at nearly $330,000. However, this achievement was aided by donated hashrate from supporters, aimed at funding open-source projects through The 256 Foundation. While rare, such successes highlight the potential for independent miners in the Bitcoin network, despite the dominance of large mining operations.
about Home Miner Claims Bitcoin Jackpot with Help from Donated HashrateRipple CTO Explains Bitcoin Maximalists’ Opposition to XRP and Fair Competition
A feud is brewing between Bitcoin maximalists and XRP supporters, with Ripple’s CTO attributing the hostility to Bitcoin advocates’ fear of fair competition among cryptocurrencies. Prominent Bitcoin figures have labeled XRP a scam, claiming it deceives investors, while Ripple pushes for a national cryptocurrency reserve that includes various digital assets, not just Bitcoin. This stance has drawn criticism from Bitcoin purists who see XRP as a threat to their vision of a Bitcoin-centric future.
about Ripple CTO Explains Bitcoin Maximalists' Opposition to XRP and Fair CompetitionRoss Ulbricht Receives Bitcoin Donations Amid Unclaimed Silk Road Funds
Ross Ulbricht, founder of Silk Road, has received substantial Bitcoin donations following his release from prison, with the community rallying around his FreeRoss.org fund. Meanwhile, approximately 430 dormant Bitcoins, valued at $47 million, are linked to Ulbricht but remain unclaimed, raising questions about ownership and potential government seizure. The Bitcoin community’s support for Ulbricht continues to grow, despite uncertainties surrounding the legal status of these funds.
about Ross Ulbricht Receives Bitcoin Donations Amid Unclaimed Silk Road FundsKraken Donates to Ross Ulbricht Amid Bitcoin Community Support
Kraken donated $111,111 in Bitcoin to Ross Ulbricht, the Silk Road founder, as the cryptocurrency community rallies to support him post-release. Ulbricht’s wallets may hold around 430 BTC, valued at approximately $47 million, which have been untouched for over 13 years. However, the U.S. government could still attempt to seize any Silk Road-related funds, raising questions about the accessibility of these assets.
about Kraken Donates to Ross Ulbricht Amid Bitcoin Community SupportRoss Ulbricht Released from Prison Amid Bitcoin Speculations
Ross Ulbricht, founder of the Silk Road marketplace, has been released from prison following a full and unconditional pardon from President Trump. His release has sparked discussions about his potential hidden stash of Bitcoin, despite authorities seizing over 173,991 BTC from the platform, valued at approximately $18 billion. Reactions to his release are mixed, with some in the crypto community celebrating his influence, while others criticize his past actions linked to illegal sales and overdose deaths.
about Ross Ulbricht Released from Prison Amid Bitcoin Speculations