I see the stalagmite appear in ice cubes all the time, but not nearly as pronounced.
I think stillness of the body of water, as well as relative smallness, contribute to the formation of them.
Water Ice occupies more volume per mass than liquid water. So after the initial "ice skin" forms, the remainder of the water as it freezes has nowhere to go but up. The edges of the "skin" are frozen to the side of the container, so the path of least resistance is the middle of the body of ice & water. Therefore, the middle humps up as the water becomes all solid.