Bitcoin mining has become highly unprofitable, with costs exceeding $137,000 to mine a single Bitcoin in the U.S. and approaching $200,000 in Germany. This drastic increase in expenses highlights the challenges facing miners amid fluctuating cryptocurrency prices and rising energy costs.

A solo bitcoin miner successfully mined block 899,826 and earned approximately $330,000 using CKpool’s software by renting additional hash power. The miner increased their hash rate significantly to improve their odds against a total network rate of 796 EH/s. This achievement marks a rare success in solo mining, showcasing the potential for individual miners to compete in the bitcoin network.

Some bitcoin mining firms in the U.S. are reportedly underreporting the value of their ASIC shipments to evade customs duties, particularly in light of new tariffs imposed by the Trump administration. As U.S. Customs and Border Protection increases scrutiny on these imports, miners are facing challenges in navigating the complexities of compliance, leading to a reconsideration of their operations and potential slowdowns in new projects.