Solo miner mined a block of Bitcoin and received a $200,000 reward

Another case of mining a block of the Bitcoin network by a single miner: on April 28, a user of the ckpool pool, intended for single miners, mined block 841,286 and received a reward of 3,125 BTC.

According to the developer and administrator of the ckpool pool, Con Kolivas, this is block 282 of the Bitcoin network, mined by a single miner. Kolivas said that at the time of block validation, the total power of a single miner’s equipment was 120 Ph/s, but on average per week the miner produced about 12 Ph/s, which is approximately 0.02% of the total network power. Apparently, the miner rented additional capacity, which helped him mine a Bitcoin block.

Con Kolivas also reported that it appears that the miner who mined the block recently switched from mining as part of traditional pools to working alone. Perhaps regular mining turned out to be unprofitable for him after the next halving and he decided to try his luck in solo mining. Mining a block for solo miners is more like winning the lottery – it is an extremely rare occurrence.

Source: Cryptocurrency

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