Block reports a 34% increase in its second-quarter Bitcoin revenue

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Solo Bitcoin miner wins 6.25 BTC block reward

A solo Bitcoin miner earned the 6.25 BTC block reward after beating the odds to solve block 793607. The miner reportedly used an Antminer S9 with about 17 TH. At today’s Bitcoin mining difficulty and with 17 TH, a solo miner would need an average of 450 years to land a block. With Bitcoin price […]

Should you buy Block stock on a boost to bitcoin revenue in Q1?

Block didn’t see an impairment loss on its bitcoin holdings in Q1. Analysts at KeyBanc continue to see upside in its shares to $85. Block stock is currently down about 5.0% versus the start of 2023. Block Inc says it did not see an impairment loss related to its bitcoin hoard in the first financial […]