Solo miner mines a block in the Bitcoin network and receives $ 370,000

On the night of July 27, a solo miner independently mined block 907,283 on the bitcoin network BTC $117,658.22 Bitcoin -0.34% Market capitalization $2.34 trillion VOL. 24 hours $1.75 billion , receiving 3,154 BTC (about $ 372,773) as a reward for the block and transaction fees. The miner used the CKpool platform, and the block contained 4,090 transactions.

According to CKpool administrator Kon Kolivas, the miner’s hardware had a hashrate of 49 TH/s. The probability of successful mining of a block with this rate is approximately 1 in 130,000 per day.

Despite the record high complexity of mining, solo miners sometimes manage to find blocks on their own. For example, on June 5, a member of the network received a reward of 3,151 BTC ($ 330,386 at the time), and on July 4, another user managed to confirm a block and earn 3,173 BTC ($ 348,948).

on July 26, according to the latest recalculation, the difficulty of bitcoin mining increased by 1.07% to a record high of 127.62 T.

As a reminder, a solo miner was able to mine a block on the bitcoin network using equipment worth only $ 299. It happened on March 10, when he found block #887,212 using a home Bitax rig with a 480 GH/s hashrate. His reward amounted to 3.15 BTC (about $ 250,000). CKPool administrator Kon Kolivas noted that the probability of finding a block with such a capacity is one in a million, and the average time for this is more than 3,500 years of continuous operation.