According to Colivas, the block included 593 transactions, which, in addition to the award, brought an unknown miner 0.004 BTC ($ 471) in the form of a commission. He used equipment, the hashReit of which was 200 Th/S. According to Colivas, the chances of receiving a block in the network of the first cryptocurrency with a similar power are 1 to 36,000 per day or once every 100 years.
Colivas emphasized that this is already a 307 block, confirmed by single miners through the platform. Since the beginning of September, competition in the Bitcoin network has increased sharply.
Unlike standard pools, where participants, combining their capacities, then share their reward, the CKPool platform does not redistribute computing resources. Each miner works separately, and the reward goes to the first who finds the block. The success of miners is determined by the complexity of the network and the power of the used equipment (hash).
Earlier, Kolivas said that an unknown miner obtained a bitcoin block, receiving a 3.125 BTC award ($ 338,000) and 0.022 BTC ($ 2,400) as a commission fee.
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.
