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A solo Bitcoin miner defied the odds last week, processing a block and earning a 3.125 BTC reward. Including transaction fees, the total payout was $259,637. This is just one of several solo wins in recent months. Although solo mining is still akin to playing the lottery, solo miners are succeeding more often, though not dramatically. In 2022, solo miners using Solo CKPool solved 7 blocks. In 2023, this increased to 12, and by 2024, it reached 16 blocks. Solo mining doesn’t always mean someone is mining alone with minimal resources. Services like Solo CKPool allow miners to keep nearly all rewards once a block is mined. While solo mining is tough, the rise of hobby mining rigs like Bitaxe and FutureBit Apollo is helping more individuals succeed, even if the odds are slim. #Bitcoin #SoloMining #Crypto #BitcoinMaximalists #Mining #DeFi

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$IMT Introduction Staking $IMT is a great way to earn passive income while holding onto your assets. By participating in the validation process, you can contribute to the security and stability of the network, and in return, receive rewards in the form of additional $IMT. How Staking $IMT Works Staking $IMT involves holding a certain amount of $IMT in a designated wallet and participating in the validation process. Here's a step-by-step guide: - *Meet the minimum requirement*: Ensure you have the minimum required amount of $IMT to participate in staking. - *Choose a staking method*: Decide whether you want to stake solo or participate in a staking pool. - *Set up your wallet*: Configure your wallet to support staking and ensure it's connected to the $IMT network. - *Participate in validation*: Participate in the validation process by voting on transactions and contributing to the security of the network. Benefits of Staking $IMT Staking $IMT offers several benefits: - *Passive income*: Earn additional $IMT as rewards for participating in the validation process. - *Increased security*: Contribute to the security and stability of the $IMT network by participating in validation. - *Voting rights*: Participate in governance decisions and vote on proposals that shape the future of the $IMT network. Risks and Considerations While staking $IMT can be a lucrative opportunity, there are risks and considerations to keep in mind: - *Volatility*: $IMT's value can fluctuate rapidly, affecting the value of your staked assets. - *Security risks*: Ensure your wallet and staking setup are secure to prevent hacking and theft. - *Lock-up periods*: Some staking methods may require locking up your $IMT for a certain period, limiting your ability to sell or trade. Conclusion Staking $IMT is a great way to earn passive income while contributing to the security and stability of the network. By understanding the benefits and risks of staking $IMT, you can make informed decisions and maximize your rewards.