In a twist of fate so absurd even Gogol would chuckle, a lone miner-armed with nothing but rented hashpower worth less than a decent pair of boots-somehow conjured 3.152 BTC (a princely sum of $271,000!) from the digital ether. Meanwhile, Bitcoin, that fickle beast, pranced back above $85,000, eyeing $90,000 like a drunkard eyeing a tavern sign.
Ah, the market! One moment, Bitcoin tumbles below $85,000 like a clumsy bureaucrat tripping over his own paperwork, and the next-poof!-it’s back, grinning like a cat who’s stolen the cream. Trading activity? Shifted to “resistance areas,” whatever those are. (One imagines Bitcoin traders as restless ghosts, forever bumping into invisible walls.)
But the real spectacle? A miner-yes, a single miner-who, with less than $100 in rented hashpower (the cost of a mediocre dinner), somehow mined block 928351. The reward? A cool 3.152 BTC. Cointelegraph, that ever-chirping bird on X, squawked the news into the void:
🔥 TODAY: A solo miner who rented less than $100 in hashpower on NiceHash has successfully mined Bitcoin block 928351, earning a 3.152 BTC reward worth ~$271K.
– Cointelegraph (@Cointelegraph)
Source: Cointelegraph (because someone must take credit for stating the obvious).
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A Payout So Ludicrous, It Defies Explanation
Picture it: a miner, perhaps in pajamas, perhaps in a bathrobe, rents hashpower from NiceHash-a platform where one can, apparently, lease computational muscle like a cart horse. The odds? Worse than a Petersburg clerk winning the lottery. Yet, against all reason, block 928351 was mined, proving once again that Bitcoin’s mining system is as decentralized as a village fair where anyone might win the prized pig. 🐷
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Bitcoin’s Dance: From $85K to $90K (Or Not)
Yesterday, Bitcoin stumbled below $85,000 like a nobleman after too much kvass-only to stagger upright moments later. According to TedPillows (a name that suggests either expertise or a fondness for soft furnishings), BTC has “reclaimed” this critical level. The next hurdle? A lofty $89,000-$90,000, where Bitcoin now gazes upward like a peasant dreaming of a tsar’s feast.
Bitcoin lost the $85,000 level yesterday but reclaimed it soon.
Now, Bitcoin’s next resistance zone is around the $89,000-$90,000 level.
A reclaim of this level will push BTC above the yearly open.
– Ted (@TedPillows)
Source: TedPillows (who may or may not be a sentient cushion).
A breakout above $90,000 would be, in Ted’s words, “gross.” (One assumes he means “impressive,” unless he’s suddenly revolted by wealth.) Such a recovery could send BTC soaring past its “yearly open,” whatever that is, and-who knows?-maybe trigger a buying frenzy. Or not. The market, dear reader, is as predictable as a drunken Cossack.
The swift reclaim of $85,000 suggests “good underlying demand,” which is trader-speak for “people still want this nonsense.” Buyers swooped in like vultures on a fresh corpse, and the market structure remains “bullish,” though recent volatility suggests Bitcoin is less a stable investment and more a rollercoaster operated by clowns. 🤡
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2025-12-20 03:29