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Initial Listing - $PI @PiCoreTeam 🔹Pair: PI/USDT 🔹Deposits available: TBD 🔹Trading available: Feb 20, 8:00 AM (UTC) Details: bitget.com/support/articl…

It’s more difficult than ever to mine Bitcoin (BTC), yet individual miners sometimes persevere — and claim a massive reward. One such solo BTC miner has just hit the mining jackpot, successfully beating all unbelievable odds in order to process a Bitcoin block and netting themselves a payday of just over $300,000. Solo Miner Achieves Rare Feat The miner in question processed block number 883,181 on Feb. 10, according to data from the Bitcoin block explorer Mempool.space, as flagged by journalist Pete Rizzo on X. The miner received 3.158 BTC for their efforts — worth $307,547 at today’s prices. BREAKING: ANOTHER SOLO MINER HAS MINED AN ENTIRE #BITCOIN BLOCK WORTH $300,000 BEATING UNBELIEVABLE ODDS pic.twitter.com/pjcivSu2PQ — The Bitcoin Historian (@pete_rizzo_) February 10, 2025 Bitcoin miners are required to process blocks on the Bitcoin network and introduce new coins into circulation. Blocks are full of transaction data and are part of the cryptocurrency’s immutable ledger — better known as the blockchain. When blocks are processed, miners are rewarded with newly minted Bitcoins. Back in the day, when Bitcoin was worth a lot less and fewer people knew about and utilized the network, it was possible to mint new coins by simply using their home computers. However, as the Bitcoin network gained traction, the asset’s mining difficulty has increased substantially. Now, miners are normally big operations conducted by companies with warehouses full of specialized computers and consume a lot of electricity. For this reason, solo Bitcoin mining is often compared to a lottery. This means a solo miner can still get lucky and process a block with their personal computer — though it’s extremely rare. In September 2024, ZyCrypto reported that a solo miner netted the entire 3.169 BTC reward for solving a block. However, the price of Bitcoin was much lower, and the reward was worth around $181,143 at the time. While the odds are clearly against the soloists, they continue to surprise and captivate Bitcoiners as they strike gold.

On Feb. 10, crypto asset manager Grayscale officially filed for a Cardano exchange-traded fund with the New York Stock Exchange, expanding its push into regulated crypto investments. The firm has never previously offered a standalone investment vehicle for ADA despite making past moves to do so. Asset managers have been emboldened by President Donald Trump’s embrace of crypto with ETF applications for altcoins, including XRP, Solana, and Litecoin, in recent weeks from the likes of Canary Capital, WisdomTree, 21Shares, Bitwise, and VanEck. Grayscale filed 19b-4 for a spot Cardano ETF. First one in US and ballpark 60th crypto ETF filed this year so far pic.twitter.com/alj7EjtfIS — Eric Balchunas (@EricBalchunas) February 11, 2025 Cardano ETF Inbound Grayscale has filed to convert its existing SOL and XRP trusts into a spot ETF but the ADA fund would be a new product. On Jan. 30, NYSE Arca filed to convert Grayscale’s XRP trust into a spot ETF, and on Feb. 6, it did the same for its SOL trust. According to the 19b-4 filing, the Trust will hold only ADA, with each share representing a proportional interest in the fund’s holdings. Coinbase Custody would be the custodian of the assets, and BNY Mellon Asset Servicing would serve as administrator. “Institutional interest in Cardano is heating up,” commented IBC Group founder Mario Nawfal who added that the move comes just a week after Virtune AB launched a Cardano ETP on Nasdaq Helsinki. The Cardano native token has surged 14% on the day, with most of the gains coming in the past couple of hours after the news broke. ADA hit an intraday high of $0.8 but still remains down 17% over the past fortnight as altcoins have been battered recently. ADA hit a 2025 high of $1.16 on Jan. 18 but has been down-trending since. Nevertheless, analysts remain hopeful that ADA will continue its bullish momentum, which has seen the asset gain 140% over the past six months, especially if a spot ETF is approved in the US by the SEC. Spot Crypto ETF Outlook Spot Bitcoin ETFs in the United States have had a mixed month in February, which has seen $578 million in inflows and $561 million in outflows, according to Farside Investors. Monday was another outflow day, with $186.4 million leaving the funds on aggregate. Fidelity’s FBTC saw the largest outflow with $136 million, followed by Grayscale’s GBTC, losing $46.3 million. BlackRock’s IBIT saw $55.3 million in inflows, but it wasn’t enough to turn the daily flow positive. Spot Ethereum ETFs have been positive, with just one outflow day so far in February, which was Monday. Feb. 10, when $22.5 million left the products. The post ADA Pumps 14% as Grayscale Files For Spot Cardano ETF appeared first on CryptoPotato.

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Jetking adopted Bitcoin to escape pandemic difficulties. 25% of Jetking’s investible surplus is allocated to Bitcoin. Michael Saylor’s Strategy influenced Jetking’s Bitcoin investment model. Siddarth Bharwani, CFO of Jetking, the first Indian publicly listed company to adopt the Bitcoin standard, said his company adopted the cryptocurrency to escape the difficulties of the past pandemic and protect against similar situations in the future. In a recent interview, Bharwani explained how they decided on the Bitcoin option, highlighting the investment potential of the digital asset. Jetking is India’s first publicly traded company to adopt the Bitcoin Standard. CFO @SidBharwani of @JetkingLtd explains why in the interview below: Timecodes: 00:00 – Intro 01:53 – The story of Jetking; Who is Siddarth Bharwani? 04:47 – Why adopt Bitcoin for Jetking’s balance… pic.twitter.com/ZvyToehiMx — Michael Saylor (@saylor) February 9, 2025 The Jetking CFO explained that his firm decided to go for the Bitcoin option after doing a lot of research. They also observed developments around the technology. He compared Bitcoin with other mainstream assets, highlighting… The post This Indian Company Just Went All-In on Bitcoin: Here’s Why appeared first on Coin Edition.