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Cryptocurrency miner mined a block of bitcoin and received a record $ 180,000

12:18 pm, September 11, 2024

Recently, it became known about the rare success of one of the individual miners of the Bitcoin network, who managed to receive a reward for mining a block worth $ 180,000. The event has attracted the attention of the crypto community, as mining is mostly done by large pools, and individual players rarely receive such rewards.

Mining bitcoin BTC $90,748.52 Bitcoin 0.48% Market capitalization $1.8 trillion VOL. 24 hours $3.98 billion has become more difficult due to the emergence of powerful mining rigs and the increasing role of large pools. It takes almost 10 minutes to mine a new block, and the current reward for one block is 3.125 BTC. However, due to the extremely high level of competition, it is becoming increasingly difficult for individual miners to obtain these rewards, as large players have enormous capacities.

On September 10, one of the individual miners managed to mine block 860 749, which contained 5,935 transactions. His reward amounted to 3,169 BTC, which is equal to $ 182,505. The mining took place through the Solo CK pool, and the miner himself contributed only 0.098% of the total capacity to the network.

Since the existence of the flagship cryptocurrency and the Bitcoin blockchain, more than 859,000 blocks have been produced, of which only 290 have been solved by individual miners. This once again emphasizes how rare such victories are, despite the constant complication of the mining process and competition from large companies.

On September 1, the total computing power of the Bitcoin network reached a new record high of 742 EH/s, which is 62% more than a year ago. This makes the success of this miner even more impressive.

Earlier, the solo miner managed to mine a bitcoin block and received almost $ 200,000 for his work. on August 29, he added block #858,978 to the first cryptocurrency’s blockchain, earning 3,275 BTC ($ 199,101) in subsidies and commissions.

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