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, based on Cointelegraph. The solo mining streak might have been amplified by the latest drop in hashrate. In response to VanEck, the community’s hashrate dropped by 4%, the biggest drop since April 2025.
Bitcoin continues to fall on account of steady unbiased mining
Bitcoin’s continued struggles present no finish in sight, with the worth falling under the $87,000 stage. In response to Bitcoin information from CoinGecko, BTC worth has fallen 0.2% up to now 24 hours, 6% on the 14-day chart, and seven.8% since December 2024. The unique cryptocurrency registered slight good points 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 report excessive of $126,080 in October of this 12 months. Since its peak in October, BTC worth has struggled to realize momentum. BTC’s downward development is particularly stunning on condition that the Federal Reserve has reduce rates of interest twice up to now three months. The reason for poor efficiency is considered the macroeconomic scenario.
Bitcoin (BTC) may see some restoration in 2026. A number of monetary establishments, together with Grayscale, Bernstein, and VanEck, count on 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.
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 on account of a decline in spot buying and selling volumes and weaker demand. In such a scenario, Bitcoin (BTC) might face additional worth correction.
