Why Was a $425 Million Bitcoin Purchase Made? A Chongqing Man Mined 1.9 BTC Using His Phone

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Bitcoin continues to captivate investors, technologists, and everyday individuals seeking financial opportunity in the digital age. Recently, headlines surged when it was revealed that MicroStrategy had acquired an additional 16,796 BTC—valued at approximately $175 million—on top of its earlier purchase of 21,454 BTC. This brings the company’s total holdings to 38,250 bitcoins, amounting to a staggering $425 million investment.

But what drives such massive accumulation? And how is it possible for an individual—like a young man from Chongqing—to mine nearly 1.9 BTC using nothing more than a smartphone?

The Strategic Case for Large-Scale Bitcoin Accumulation

The surge in institutional adoption of Bitcoin is not random. Companies like MicroStrategy view BTC not merely as a speculative asset but as a long-term store of value—a digital alternative to gold. With macroeconomic uncertainty, inflation concerns, and currency devaluation risks on the rise globally, Bitcoin’s fixed supply cap of 21 million coins makes it increasingly attractive.

After experiencing dramatic price swings in 2017 (a bull run) and 2018 (a steep correction), Bitcoin has demonstrated resilience. Today’s market conditions resemble a consolidation phase, where prices are relatively stable compared to previous peaks—making it an ideal window for strategic accumulation.

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Moreover, advancements in mining infrastructure have made Bitcoin mining more efficient and scalable. As mining evolves from hobbyist setups to industrial-grade operations, the network becomes more secure and decentralized. This professionalization enhances confidence among institutional buyers who see Bitcoin as a hedge against traditional financial volatility.

How Does Mobile Mining Work? Debunking the Myth

You might be wondering: Can you really mine Bitcoin with a smartphone?

The short answer: not directly.

The Chongqing resident who reportedly mined 1.9 BTC didn’t use his phone to perform complex cryptographic calculations. Instead, he leveraged mobile access to cloud-based mining services. In essence, he used his smartphone to rent computing power (hashrate) from remote data centers equipped with high-performance ASIC miners.

This method—known as cloud mining or remote mining rental—offers several advantages:

By renting 1,000 terahashes per second (1,000 TH/s) of mining power, one could generate approximately 0.00725 BTC per day based on current network difficulty and block rewards. Over three years (1,095 days), this accumulates to roughly 7.94 BTC, aligning closely with the reported yield.

Of course, actual returns depend on variables like contract terms, maintenance fees, network congestion, and Bitcoin’s market price at payout time.

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These keywords naturally support search queries related to beginner-friendly mining methods, institutional BTC strategies, and passive income opportunities in crypto—all highly relevant topics in 2025’s evolving digital asset landscape.

The Dual Path to Profit: Mining Income vs. Strategic Holding

There are two primary ways to benefit from Bitcoin:

  1. Mining Rewards: Earning newly minted BTC through computational work (or rented hashrate).
  2. Capital Appreciation: Holding BTC long-term as its scarcity and adoption increase.

For many, combining both strategies yields optimal results. Even small daily mining outputs can compound significantly if held rather than sold immediately. A miner earning 0.00725 BTC daily accumulates over 2.6 BTC annually—without spending a dime on hardware.

Historically, early adopters who held their mined coins have seen life-changing returns. Today’s participants may experience similar outcomes if Bitcoin continues its trajectory toward broader institutional acceptance and mainstream utility.

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Frequently Asked Questions (FAQ)

Q: Can I really mine Bitcoin with my phone?
A: Not directly. Smartphones lack the processing power to compete with ASIC miners. However, you can use your phone to manage cloud mining contracts or rent hashrate through specialized platforms.

Q: Is cloud mining profitable in 2025?
A: It depends on the provider, contract terms, and Bitcoin’s price. Transparent services with low fees and verifiable uptime can offer solid returns, especially when combined with long-term holding.

Q: How much does it cost to rent 1,000 TH/s of mining power?
A: Prices vary by platform and region, but expect upfront costs between $1,500–$3,000 for a one- to two-year contract. Always calculate break-even points before investing.

Q: Why is MicroStrategy buying so much Bitcoin?
A: The company sees Bitcoin as a superior treasury reserve asset—more liquid and portable than gold, with built-in scarcity and global transferability.

Q: What happens to mining rewards over time?
A: Bitcoin undergoes "halving" events roughly every four years, cutting block rewards in half. The next halving will reduce miner rewards from 6.25 BTC to 3.125 BTC per block, increasing pressure on efficiency.

Q: Is mobile-based crypto earning safe?
A: Reputable platforms employ encryption and two-factor authentication. Always research providers thoroughly and avoid apps promising unrealistic returns.


While direct phone mining remains technically unfeasible, the democratization of access through mobile interfaces has opened new doors for global participation in the crypto economy. Whether through institutional-scale purchases or individual cloud mining efforts, the trend is clear: Bitcoin is being accumulated—not just traded.

As adoption grows and infrastructure improves, the line between professional and retail involvement continues to blur. For those looking to enter the space intelligently, now may be an opportune moment to explore both investment and income-generating avenues in the world of digital assets.

👉 Start your journey into secure, accessible crypto earning today.