Con Colivas clarified: with this hashrate and the existing difficulty, it is possible to mine a block every nine days. The solo miner received $200,000 as a block reward.
According to estimates from The Miner Mag portal, a hashrate of 0.5 EH/s is equivalent to the power of 2,500 units of Antminer S21 equipment with a daily electricity consumption of 216 thousand kW/h.
Now miners often work in pools, combining the power of thousands of devices. If the pool mines a block, the reward is divided among all participating miners in proportion to the power provided. The pool takes a commission for its work.
Kon Kolivas noted that it is not entirely clear why, with such computing power, the miner chose to work alone. Perhaps the miner decided to switch to solo mode in order to assess the economic feasibility of mining Bitcoin after the halving that took place on April 20.
Earlier, the coal mining corporation Alliance Resource Partners presented a financial report for the first quarter of 2024 and announced to shareholders that it had begun commercial operation of cryptocurrency mining equipment.
Source: Bits

I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.