Solo Bitcoin Miner Secures $210,000 Reward Against Odds
- A solo miner validated block 943,411, earning 3.139 BTC valued at approximately $210,000.
- The miner operated at around 230 terahashes per second, representing about 0.00002% of Bitcoin’s total hashrate.
- This win was facilitated through the mining pool CKpool, which allows miners to retain full rewards minus a 2% fee.
- The miner had an estimated 1-in-28,000 chance of finding a block on any given day.
- This marks the first solo win since February, ending a 33-day drought.
- Over the past year, solo pools have mined only 20 blocks, distributing a total of 62.96 BTC.
The recent success highlights the unpredictable nature of solo mining within the Bitcoin network, where smaller miners can occasionally achieve significant wins despite low odds. This event is part of a broader trend observed in recent months where small-scale miners have secured substantial rewards against long odds.
The solo miner’s achievement underscores that even with just 230 TH/s, it is possible to claim large rewards in Bitcoin mining.(Source)
