The Bitcoin network does not know retreat — mining difficulty has reached its highest level in history: 134.7 trillion! 🚀
This huge number came after a previous jump in August, and refuted all expectations that were betting on a near drop.
But here is the paradox: the hash rate has dropped from over 1 trillion hashes/second to only 967 billion. This means that the network is becoming more difficult while the actual mining power is faltering.
This equation puts tremendous pressure on large mining companies, which already operate in a narrow-margin and fiercely competitive industry. With rising electricity and equipment costs, there is growing fear that the game will become even more concentrated in the hands of the big players — and that small miners will be marginalized.
And yet… the surprise is that solo miners are still stealing the spotlight!
On July 3, one of the solo miners added block 903,883, gathering around $350,000 between the block reward and fees.
On July 26, the last block hit 907,283 and earned $373,000.
On August 17, the third wrote his name on block 910,440, collecting over $373,000.
All of this using the Solo CK service for individual mining — to prove that even in a game dominated by the big players, there is still a chance for a "solo miner" to emerge from nowhere and reap a fortune overnight.
The lesson?
Bitcoin doesn't always reward those who own billions in equipment. Sometimes, it's enough to be in the right place at the right time to earn a golden ticket worth hundreds of thousands of dollars. 🎯