HomeMiningOne Bitcoin Miner Snatches Entire Prize Single-Handed!
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One Bitcoin Miner Snatches Entire Prize Single-Handed!

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A single Bitcoin miner has single-handedly solved a Bitcoin (BTC) block and received the whole $330,000 reward.

One in a Million Probabilities!

In response to Mempool information, a Bitcoin miner earned a block reward of $330,000 regardless of the community problem reaching a file excessive of 126.98 trillion.

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In response to the info, the solo miner earned $327,625 in subsidy rewards and roughly $2,761 in complete transaction charges and claimed 3.15 BTC.

A solo miner efficiently mined block quantity 899,826 and earned a uncommon reward value $330,386.

The miner achieved the feat by mining block 300 from the solo.ckpool Bitcoin mining pool. “Congratulations to miner bc1qa8r4up9nchkvdnhcf9feexv2jfantrk48ef374 who elevated his hash fee to unravel block 300 solved on solo.ckpool.org!” mentioned CKpool developer Con Kolivas.

Kolivas mentioned that primarily based on Bitcoin’s hash fee, a single miner is probably going renting extra hash fee to extend his probabilities of profitable the block reward.

“Though the miner has been mining at a a lot decrease hash fee for a while, the rationale the hash fee has elevated to those ranges is most definitely a rental because of there being just one employee.”

Bitcoin blocks are produced roughly each 10 minutes and are usually mined by mining swimming pools which have the very best likelihood of profitable the block reward. The reward for efficiently mining a block is at the moment 3,125 Bitcoins after a halving occasion earlier this yr.

*This isn’t funding recommendation.

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