Despite the recent downturn in the crypto market, one lucky bitcoin miner managed to solve a block using a single Antminer S9 rig. The miner earned 6.175 BTC, or $160,100, which is 200 times the price of the rig on Amazon. The miner used Solo CKPool, a software proxy that returns 98% of bitcoin rewards to the miner instead of sharing profits with other miners. Solo CKPool is ideal for small setups that may struggle to sync the entire Bitcoin blockchain, but large mining operations can also use it.

The hype surrounding Bitcoin has decreased, resulting in a slowdown of miner revenue. However, the introduction of the BRC-20 token standard caused a surge in Bitcoin miner revenue, reaching a peak of $17.8 million.

Upstream Data, a Canadian natural gas bitcoin miner, has filed a lawsuit against Crusoe Energy for patent infringement. The lawsuit alleges that Crusoe's technology infringes on Upstream Data founder Stephen Barbour's patent, and that Crusoe developed the technology with knowledge of this infringement. Upstream Data is seeking damages and a court order for Crusoe to stop violating their intellectual property.

Bitcoin has fallen below $27,000 as on-chain data suggests that miners may have been selling the asset. The "miner outflow" indicator shows that miners have taken out approximately 1,750 BTC from their wallets in the past day, which could be a bearish sign for the cryptocurrency's value.

Bitcoin miner Marathon Digital Holdings has received a subpoena from the US Securities and Exchange Commission (SEC) in relation to the ongoing investigation of the Montana Data Center and potential violations of securities laws.

Bitcoin miners have received a boost in profits after the scheduled difficulty level adjustment resulted in a positive balance, which is the first time since February that the difficulty has decreased.

Bitcoin miner Bitfarms has achieved a hashrate of 5 exahash per second (EH/s) with the expansion of production at its farm in Argentina. The facility, in Rio Cuarto, has taken advantage of low energy costs in the region to increase its hashrate from 4.1 EH/s when it went live last September.

New York Bitcoin miner Greenidge said that Core Scientific will host 6,914 of Greenidge’s mining rigs as part of a one-year partnership. Core Scientific is a miner with facilities in Dalton, Georgia, and Calvert City, Kentucky. 

Russia is now the second largest Bitcoin miner after the U.S., according to a report by Russian media Kommersant. Russia’s new ranking comes amid moves by the U.S. to tax and regulate crypto mining at both state and federal levels, resulting in a less welcoming environment for the industry in the U.S.

Stronghold Digital Mining has entered into securities purchase agreements with an institutional investor and the company's CEO, Greg Beard, to sell 9,000,000 shares of Class A Common Stock and share equivalents to the institutional investor and 1,000,000 shares of Class A Common Stock to Mr. Beard, at a price of $1.00 per share equivalent.