Solo Miners Achieve Block Rewards Amid High Bitcoin Network Hashrate
- The Bitcoin network hashrate is currently around 902 exahashes per second (EH/s), near its all-time high.
- A solo miner recently secured block 907,283, earning a full reward of 3.125 BTC, valued at over $372,000, plus $3,436 in transaction fees.
- Earlier this month, another solo miner with only 2.3 petahashes claimed a full block reward.
- Efficiency is crucial for solo miners, with modern hardware like the KEYMINER A1 delivering significant hashrate while consuming less power.
- Foundry USA leads Bitcoin mining pools with a market share of 29.3%, followed by AntPool at 16.2%.
The rise in solo mining reflects both financial incentives and a desire for decentralization among miners as they seek independence from larger pools. Despite improvements in hardware efficiency, the odds of winning remain challenging without substantial hashpower.
Recent wins highlight that even under competitive conditions, such as a hashrate of nearly 902 EH/s, solo miners can still achieve significant rewards through advanced technology and efficient setups.(Source)
