Bitcoin hits block 900,000 as hash rate nears 950 million TH/s and price surges past $100K, signaling strong network momentum.
A solo miner earns over $330K mining block 899,826 amid low fees and rising difficulty, using a short-term hashrate rental strategy.
Over 75% of all Bitcoin has been mined as the next halving nears in 2028, with issuance set to end entirely by the year 2140.
Bitcoin has officially reached block height 900,000, according to Bitcoin magazine. The rise of Bitcoin from block 800,000 to block 900,000 took almost two years. Anticipated in May 2027 is the next significant threshold, the one millionth block. Bitcoin's market price and hash rate have likewise demonstrated fluctuation and upward momentum over this time.
Hashrate Rises While Price Soars Past $100K
Between June 2024 and June 2025, the hash rate of Bitcoin fluctuated greatly, being largely tied to its price. For instance, in the first days of June 2024, hash rate hovered around 600 million TH/s-hour of terahash. Bitcoin price hovered around $70,000 at the same time. But by mid-July 2024, the two had dropped. The hash rate fell below 580 million TH/s, while price approached to $60,000.
Source: Blockchain.com
From August 2024, the hash rate started rising steadily. By November, it crossed 700 million TH/s. Price movements during this time remained stable, ranging between $60,000 and $70,000. Moreover, by late November, the market turned bullish. Bitcoin’s price broke above $90,000 by early January 2025. Consequently, the hash rate also climbed, surpassing 800 million TH/s.
Solo Miner Strikes Gold While Network Activity Stays Light
One of the final blocks before the milestone, block 899,826, was mined by a solo miner using Solo CK Pool. The miner earned 3.125 BTC plus 0.026 BTC in fees, totaling $330,386. According to mempool.space, the block contained 3,680 transactions. Fees per transaction averaged just $0.29, signaling low network congestion.
Software engineer Con Kolivas, who runs CKPool, noted the miner recently ramped up their hash power to 259 PH/s. He confirmed this was likely a temporary rental from a cloud service. The account usually operated at a much lower rate but boosted power to try and win the block.
Looking Ahead: Halving and Future Rewards
Currently, over 75% of all 21 million BTC have been mined. Bitcoin’s next halving is expected in March 2028 at block 1,050,000. After about 33 halvings, expected around the year 2140, new BTC issuance will end. Hence, miners will depend solely on transaction fees to sustain operations.
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Bitcoin Reaches Block 900,000 Amid Rising Hashrate and Price Surge
Bitcoin hits block 900,000 as hash rate nears 950 million TH/s and price surges past $100K, signaling strong network momentum.
A solo miner earns over $330K mining block 899,826 amid low fees and rising difficulty, using a short-term hashrate rental strategy.
Over 75% of all Bitcoin has been mined as the next halving nears in 2028, with issuance set to end entirely by the year 2140.
Bitcoin has officially reached block height 900,000, according to Bitcoin magazine. The rise of Bitcoin from block 800,000 to block 900,000 took almost two years. Anticipated in May 2027 is the next significant threshold, the one millionth block. Bitcoin's market price and hash rate have likewise demonstrated fluctuation and upward momentum over this time.
Hashrate Rises While Price Soars Past $100K
Between June 2024 and June 2025, the hash rate of Bitcoin fluctuated greatly, being largely tied to its price. For instance, in the first days of June 2024, hash rate hovered around 600 million TH/s-hour of terahash. Bitcoin price hovered around $70,000 at the same time. But by mid-July 2024, the two had dropped. The hash rate fell below 580 million TH/s, while price approached to $60,000.
Source: Blockchain.com
From August 2024, the hash rate started rising steadily. By November, it crossed 700 million TH/s. Price movements during this time remained stable, ranging between $60,000 and $70,000. Moreover, by late November, the market turned bullish. Bitcoin’s price broke above $90,000 by early January 2025. Consequently, the hash rate also climbed, surpassing 800 million TH/s.
Solo Miner Strikes Gold While Network Activity Stays Light
One of the final blocks before the milestone, block 899,826, was mined by a solo miner using Solo CK Pool. The miner earned 3.125 BTC plus 0.026 BTC in fees, totaling $330,386. According to mempool.space, the block contained 3,680 transactions. Fees per transaction averaged just $0.29, signaling low network congestion.
Software engineer Con Kolivas, who runs CKPool, noted the miner recently ramped up their hash power to 259 PH/s. He confirmed this was likely a temporary rental from a cloud service. The account usually operated at a much lower rate but boosted power to try and win the block.
Looking Ahead: Halving and Future Rewards
Currently, over 75% of all 21 million BTC have been mined. Bitcoin’s next halving is expected in March 2028 at block 1,050,000. After about 33 halvings, expected around the year 2140, new BTC issuance will end. Hence, miners will depend solely on transaction fees to sustain operations.
The post Bitcoin Reaches Block 900,000 Amid Rising Hashrate and Price Surge appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.