Solo miner mined a block of bitcoin and received $ 284,661 in reward

The solo miner managed to mine block #927,474 on the bitcoin network BTC $88,752.20 Mezo Wrapped BTC 0.06% Market capitalization $39.25 million VOL. 24 hours $1.11 billion on his own. The reward amounted to 3,133 BTC, which is equivalent to $ 284,661 at the current exchange rate. The reward also included 0.008 BTC ($ 689.5) in network fees. This result was made possible despite the low hashrate of only 270 TH/s, which gave a probability of success of about 1 in 30,000 per day, said CKPool administrator Kol Kolivas.

This is the 311th block mined by individual miners connected to CKPool. The platform allows users to participate in mining directly, receiving the entire reward for the block found, and its commission is 2%. In November, one of the users of this pool found a block with only 6 TH/s of hardware, earning $ 264,558. At the time, Kolivas called such a miner «incredibly lucky.»

on December 11, the complexity of bitcoin mining decreased by 0.74% to 148.2 T. This is the third consecutive correction after the historical high of 155.97 T recorded in late November. Experts note that this time the drop was less significant, and the forecast for the next recalculation in two weeks suggests a slight increase in complexity.

According to Glassnode, the average global hashrate of bitcoin (7-day moving average) is currently around 1.1 ZH/s, continuing to approach the record level of 1.15 ZH/s recorded in mid-October. Despite bitcoin’s recovery above $ 90,000, mining profitability remains low, at less than $ 40 per PH/s per day, after falling to a year’s low of $ 34 when the price dropped below $ 83,000 in November.

Fred Thiel, CEO of Marathon Digital Holdings (MARA), has previously warned that the industry is facing a difficult period due to increased competition and falling profitability. Experts believe that the mining industry is currently experiencing the deepest profitability crisis in the history of bitcoin.