A lone miner managed to mine more than 10 bitcoin blocks in 24 hours

The cryptocurrency world recently witnessed an amazing event: a mysterious new lone participant mined over $ 1.7 million in bitcoin in just one day. This unknown miner has mined more than 10 BTC blocks in the last 24 hours, accumulating a total of more than 65 bitcoins.

Each bitcoin block contains 6.25 BTC, plus transaction fees paid for transactions included in that block.

Typically, individual BTC miners pool their resources in mining pools to increase their chances of obtaining a block. Pooling resources allows retail miners to participate in the Proof-of-Work consensus algorithm and receive rewards for doing so. These pools are tailored to the unique requirements of different miners, offering solutions based on fees, reliability, and hashrate size, all of which have a significant impact on the pool’s position. The leading pools are Binance Pool, KuCoin Pool, AntPool, and others.

Some social media users have speculated that this miner may be from F2Pool, as the messages he sends seem to identify him as F2Pool. However, the blockchain’s hashrate trackers show that F2Pool's mining activity has not changed, suggesting that this could either be a new sub-pool or for some reason, hashrate trackers may have marked F2Pool blocks as unknown.

It is worth noting that despite this interesting case, BTC recently hit a ten-week low, although one analyst suggested that the cryptocurrency’s price will soon make a «big jump.» At the same time, there is a growing sense of «fatigue» among market participants. Despite the difference between the realized price and the current value, analysts believe that investors are not interested in selling at current rates.