Solo Bitcoin Miners Make It Big After Hash Rate Drop

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Solo Bitcoin (BTC) miners are gaining traction, with a number of blocks mined by particular person miners within the final week. On December nineteenth, a solo miner mined block 928351 on NiceHash utilizing simply $100 price of hashing energy, incomes 3.152 BTC price roughly $271,000. On December twenty third, one other solo miner mined block 928985 and earned 3.128 BTC price roughly $281,000. One other solo miner mined a brand new block on the Bitcoin (BTC) community and earned 3.12 BTC, in keeping with Cointelegraph. The solo mining streak might have been amplified by the current drop in hashrate. Based on VanEck, the community’s hashrate dropped by 4%, the most important drop since April 2025.

Bitcoin continues to fall attributable to steady unbiased mining

Bitcoin’s continued struggles present no finish in sight, with the worth falling beneath the $87,000 stage. Based on Bitcoin knowledge from CoinGecko, BTC value has fallen 0.2% previously 24 hours, 6% on the 14-day chart, and seven.8% since December 2024. The unique cryptocurrency registered slight features on the weekly and month-to-month charts, rising by 0.4% and 0.3%, respectively.

Bitcoin (BTC) has been on a downward development since hitting a document excessive of $126,080 in October of this 12 months. Since its peak in October, BTC value has struggled to achieve momentum. BTC’s downward development is particularly shocking on condition that the Federal Reserve has reduce rates of interest twice previously three months. The reason for poor efficiency is regarded as the macroeconomic scenario.

Bitcoin (BTC) might see some restoration in 2026. A number of monetary establishments, together with Grayscale, Bernstein, and VanEck, anticipate this asset to get well quickly. Grayscale and Bernstein predict that BTC will hit a brand new all-time excessive in 2026. Van Eck predicts that BTC could also be close to the underside.

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In the meantime, Barclays gave a bearish outlook for subsequent 12 months. The monetary establishment expects the cryptocurrency market to face additional challenges in 2026 attributable to a decline in spot buying and selling volumes and weaker demand. In such a scenario, Bitcoin (BTC) might face additional value correction.

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