Bitcoin mining faces record competition as solo and hobbyist miners stage a comeback using new mining strategies.
Thirteen years ago today, Bitcoin experienced its first halving event, reducing the miner block reward from the original 50 BTC to 25 BTC.
Now, with Bitcoin (BTC) having completed four halving events and block rewards standing at just 3.125 BTC, the mining industry is continuing to transform, with industrial miners consolidating and diversifying into AI.
At the same time, a niche trend of solo mining is emerging, according to Bitfinex analysts who spoke to Cointelegraph.
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