News

Jinse Finance reported that a retail bitcoin miner using Solo CKpool with a hashrate of only 6 TH/s unexpectedly mined a block, earning approximately $265,000 in bitcoin rewards. Based on the total network hashrate, the probability of mining a block per day is only about 1 in 180 million. This is the first successful block mined by CKpool in nearly three months, and the 308th block since the software launched in 2014.

Jinse Finance reported that the Federal Reserve has agreed to give large banks more time to submit comments on certain aspects of a proposal aimed at improving stress test models for major financial institutions. In a statement released on Friday, the Federal Reserve said that the deadline for public comments on the proposal to enhance stress test models, as well as scenario transparency and accountability, would be extended by one month to February 21. The Fed stated that the deadline for comments on the proposed 2026 stress test scenarios remains December 1. The annual stress tests were introduced after the 2008 financial crisis to strengthen the banking sector's ability to withstand future economic shocks and to assess banks' performance under hypothetical recession scenarios. Banks have long pushed for modifications to the tests, claiming that the testing burden is excessive.