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The original was posted on /r/cryptocurrency by /u/KIG45 on 2025-08-03 19:10:59+00:00.

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The original was posted on /r/cryptocurrency by /u/goldyluckinblokchain on 2025-08-03 17:33:26+00:00.

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The original was posted on /r/cryptocurrency by /u/kirtash93 on 2025-08-03 17:09:42+00:00.

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The original was posted on /r/cryptocurrency by /u/x___rain on 2025-08-03 16:17:14+00:00.

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The original was posted on /r/cryptocurrency by /u/AutoModerator on 2025-08-03 00:01:23+00:00.


Welcome to the Daily Crypto Discussion thread. Please read the disclaimer and rules before participating.

 

Disclaimer:

Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.

 

Rules:

  • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
  • Discussion topics must be related to cryptocurrency.
  • Behave with civility and politeness. Do not use offensive, racist or homophobic language.
  • Comments will be sorted by newest first.

 

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This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/GabeSter on 2025-08-03 16:35:00+00:00.


You may have seen my post from yesterday asking the community for grassroots help in finding out if the "breaking news" was actually true.

China may or may not have banned Bitcoin. (again)

We can now safely say that the story was in fact false and all high profile participants who shared it were either knowing or unknowing contributing to an attempted psyop attack on the Crypto Markets.

Some of those accounts include

https://preview.redd.it/aq92w9n6ytgf1.png?width=602&format=png&auto=webp&s=b8a7916f602c8406448b44141b427bc3bb7f1a3d

Investing.com social media account - 1.2M followers

https://preview.redd.it/p7t7oy4kytgf1.png?width=601&format=png&auto=webp&s=c8245dd91fc2281b92ba323e1890dc88a568d8f0

Unusual_whales - 2.4M followers

https://preview.redd.it/u1svz2ioytgf1.png?width=603&format=png&auto=webp&s=66aa0861f62a75d016ef65bab289f16f2840b219

Kalshi 140k Followers

https://preview.redd.it/pett5rdc1ugf1.png?width=610&format=png&auto=webp&s=ad53bb3f0febec4f67cc24ae5e1ebe93e5f74f56

First Squawk - 388k Followers


It appears the first major account I can find to share the news was First Squawk which was then later picked up by other social media first alert "outlets" despite no official reporting on the subject by traditional media.

If you know of any other major outlets that perpetuated the fake news let me know and I'll add them to the list of shame.

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The original was posted on /r/cryptocurrency by /u/KIG45 on 2025-08-03 16:33:40+00:00.

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The original was posted on /r/cryptocurrency by /u/DryMyBottom on 2025-08-03 12:09:00+00:00.

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The original was posted on /r/cryptocurrency by /u/314stache_nathy on 2025-08-03 09:55:11+00:00.


Hi guys!

I want to show you this tool: https://moneroconsensus.info/

It was created by u/Rucknium so that users can verify the blocks of the Monero blockchain (and verify that there have been no reorgs by 51% attacks), it is completely open source and verifiable (although it is new).

Don't trust Qubic's information, they falsify information by saying they supposedly have 40% hashrate, but they have never achieved much more than 32% of Monero's hashrate.

Do not trust any website that belongs to or is sponsored by Qubic. The information is likely fake to tarnish the image of Monero (XMR).

Stay smart, don't spread FUD. If you want to know what's new, visit the Monero subreddit.

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The original was posted on /r/cryptocurrency by /u/Illperformance6969 on 2025-08-03 06:44:42+00:00.

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The original was posted on /r/cryptocurrency by /u/Every_Hunt_160 on 2025-08-03 08:44:10+00:00.

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The original was posted on /r/cryptocurrency by /u/Illperformance6969 on 2025-08-03 07:45:40+00:00.

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The original was posted on /r/cryptocurrency by /u/Illperformance6969 on 2025-08-03 06:43:13+00:00.

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The original was posted on /r/cryptocurrency by /u/kirtash93 on 2025-08-03 05:59:51+00:00.

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The original was posted on /r/cryptocurrency by /u/Natural_NoChemical on 2025-08-03 05:07:58+00:00.


A random solo miner just walked away with 3.125 BTC (~$373,000) for mining block 907,283 completely on their own, through the Solo CK pool. That’s a win most miners can only dream of, while also being extremely rare.

This happened in late July 2025, and people are still trying to wrap their heads around just how improbable this really is. Here's a full breakdown of how this went down, what the odds are and why it’s technically possible but practically a miracle.

What actually happened?

  • The miner was using Solo CK Pool, which lets people "solo mine" (that is, you submit valid shares as if you're trying to win the block reward all by yourself);
  • Unlike regular mining pools where rewards are split among contributors, in Solo CK, you either get the whole block or nothing;
  • In this case, the miner won 3.125 BTC (current block reward) + ~$3.4K in transaction fees, totaling over $376,000 at current prices;
  • The Bitcoin network difficulty was at an all-time high: ~126 trillion. That means solving a block is harder than ever.

How rare is this exactly?

Reddit lit up with calculators and probability charts. Here’s what it boils down to:

Scenario 1 – Hobbyist Miner (~1 TH/s)

  • Odds per block: ~1 in 260,000,000;
  • There are 144 blocks per day → daily chance ≈ 1 in 1.8 million;
  • Annual odds? ~0.02% chance, or 1 in ~5,000 per year;

If you’re running a BitAxeFutureBit Apollo, or something similar, you're statistically looking at one success every 15,000–19,000 years.

Scenario 2 – Semi-Pro (1 PH/s)

  • Odds per block: ~1 in 260;
  • Annual success rate: ~20%, or 1 block per 5 years on average;
  • But 1 PH/s requires serious infrastructure, electricity, and cooling (100+ ASICs);

Scenario 3 – Full-scale Mining Farm (100+ PH/s)

  • Now you’re mining a block every day or two;
  • But also burning thousands of dollars daily in electricity and hardware depreciation.

My point is unless you’re running an operation worth hundreds of thousands (if not millions), solo mining is more like buying a lottery ticket every 10 minutes.

The economic reality guys is that solo mining is almost never profitable!!!

Let’s say you’re running a 1 TH/s device that consumes 100W. Over a year:

  • Electricity cost: 100W × 24h × 365d = ~876 kWh At $0.15/kWh → $131.40/year

So even if the rig is cheap (~$500), you’re paying yearly just to keep it running and you’ll almost certainly never hit a block. You’re losing money every year unless lightning strikes.

That said, what if you do hit?

You're getting 3000x return overnight. Like another fellow redditor on this sub said: "It’s the ultimate degen lottery."

Now, given all of the things talked above, why are some people still solo mining?

  • Some do it to support Bitcoin's decentralization (proving individuals can still mine).
  • Others want to experiment, learn, or just take a long-shot bet.
  • Some treat it like playing slots: a small power-efficient rig running 24/7, just in case.
  • Others want to avoid pool centralization (big players like Foundry USA control over 30% of the network hashrate).

And hey, this story proves it’s not impossible.

The bigger picture is the following:

This block win isn’t just about money. It’s a symbolic victory.

  1. It proves Bitcoin mining is still open to everyone (technically).
  2. It shows that, however smalldecentralization is alive.
  3. It reminds us that Bitcoin’s structure allows for some crazy edge-case miracles.

It's also a reminder to never unplug that miner sitting in the corner of your garage. You never know when your 19,000-year timeline might collapse into a single lucky night.

TL;DR

  • Solo miner mined block 907,283 = $373K+ reward
  • Estimated odds: 1 in 260 million per block (if 1 TH/s)
  • It's like winning the lottery, but crypto-themed
  • Community response = stunned, excited and deeply nerdy
  • Proof that even in 2025, the little guy sometimes wins
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This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/GabeSter on 2025-08-03 02:36:57+00:00.

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The original was posted on /r/cryptocurrency by /u/No-Elephant-Dies on 2025-08-03 02:15:43+00:00.

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The original was posted on /r/cryptocurrency by /u/ripple_mcgee on 2025-08-03 01:25:48+00:00.

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The original was posted on /r/cryptocurrency by /u/Abdeliq on 2025-08-03 00:29:43+00:00.

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This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/TheGreatCryptopo on 2025-08-02 22:33:03+00:00.

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The original was posted on /r/cryptocurrency by /u/partymsl on 2025-08-02 21:19:20+00:00.

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The original was posted on /r/cryptocurrency by /u/coinfanking on 2025-08-02 19:51:30+00:00.


The US is ramping up efforts to lead in global crypto regulation, aligning with President Trump’s vision to dominate the industry. The Securities and Exchage Commission (SEC) is planning to host nationwide roundtables to engage smaller crypto firms. On the other hand, the Commodity Futures Trading Commission (CFTC) is advancing new frameworks and a potential pilot program.

The US is intensifying its regulatory efforts to become a global leader in cryptocurrency and blockchain technology.

These efforts align with President Donald Trump’s vision of establishing America as the central hub for the crypto sector.

https://beincrypto.com/us-crypto-policy-sec-cftc-joint-offensive/

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This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/goldyluckinblokchain on 2025-08-02 19:07:51+00:00.

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The original was posted on /r/cryptocurrency by /u/CortaCircuit on 2025-08-02 18:25:10+00:00.

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The original was posted on /r/cryptocurrency by /u/Practical-Solutions1 on 2025-08-02 11:21:18+00:00.

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