Solo Bitcoin Miner Achieves Rare Block Reward
- A solo Bitcoin miner earned a block reward of 3.13 BTC, valued at approximately $282,000.
- The miner utilized Solo CKPool, which aids solo miners in winning Bitcoin blocks.
- This achievement had odds of about 1 in 30,000 according to CK Pool’s administrator.
- Solo CK Pool miners have collectively earned around $511 million worth of Bitcoin to date.
- Bitcoin’s hash rate has increased significantly, now averaging over one zettahash per second.
A solo Bitcoin miner recently achieved a rare feat by earning a block reward through the Solo CKPool service, highlighting the growing challenge as the network’s computational power increases yearly.
Despite the high difficulty and low odds, such achievements demonstrate the potential rewards for solo miners even as mining becomes more competitive with increasing hash rates. (Source)