Lucky solo miner mined $117,000 Bitcoin block

To mine the BTC block, miners unite, but sometimes luck can smile on a loner. A pool member with a hashrate of 270 Tx/s used the one-in-a-million chance and received 6.25 BTC.

Bitcoin pool manager ckpool Con Kolivas tweeted that a solo miner from their pool with an ASIC power of 270 Tx/s
figured out bitcoin block number 752 868. Thanks to his luck, an unknown pool user earned about $117,000 for the mined bitcoin block at the rate of $18,700 apiece.

“Congratulations to miner 15Hgp1dLmdNfZCYVysikTsJXoEL3kMpPz3 who solved the solo block,” said an anonymous user Con Kolians.

The BTC hashrate on September 6 was 231.7 Eh/s, assuming that 1 Eh/s equals 1 million Tx/s. Using a mining farm with a processing power of only 270 Tx/s, the user managed to grab a single chance out of 858,000 to successfully find a block.

According to the ckpool policy, which the successful block miner works with, the miner must pay a commission of 2% of the mined (0.125 bitcoin). However, the user will be paid a transaction fee, which for this block is 0.097 BTC ($1,800).

Small miners usually join pools to increase the probability of mining a block and share the reward. However, there are also lone miners. One of these mined a block in January and took the entire reward of 6.25 BTC. The lucky miner used equipment with a total hashrate of only 126 TH/s. That is, it is 0.000073% of the total hashrate of the Bitcoin network at that time. The probability of finding a block was only 4%. The miner probably owns two or three old ASIC miners. For example, three Antminer T17 devices can produce such a hashrate.

In February, an Ethereum miner was lucky, who independently mined a block and received a reward of 170.65 ETH (more than $500,000 at the time).