The Bitcoin mining industry has been in crisis for months. The price of Bitcoin has fallen and miners are not making much money. However, one miner managed to earn his 6.25 Bitcoin reward on the Bitcoin Spark blockchain.
Bitcoin Spark Blockchain is a blockchain network that allows users to earn rewards by solving complex cryptographic puzzles. These puzzles are called Crypto Challenges or Crypto Puzzles. There are several challenges on the platform, one of which he reaches unprecedented difficulty, and the reward is his 6.25 bitcoins.
Miners that solve this challenge are called “crypto miners” on the Bitcoin Spark Blockchain website. The cryptocurrency miner claims to have spent more than $1 million on hardware and power since it began mining operations three years ago. He said he got into mining after hearing stories of other miners making big profits mining during the high Bitcoin prices in 2013 and 2014.