The latest person to be lucky is a solo Bitcoin miner. “Bitcoin mining lottery,” Pocketing $347.455 in block rewards.
Umbrel, a Bitcoin-node infrastructure provider said the solo miner won the block via the Public Pool Bitcoin mining pool — earning the 3.125 Bitcoin (BTC( ) Block reward with a transaction fee of 0.016 BTC on top.
This occurred at Mempool.space, block height 920440 on Thursday, 7:32pm. data shows.
The following are some of the ways to get in touch with us solo Bitcoin miners While winning blocks aren’t unusual, the fact that the miner managed to secure the block on his own rather than pooling their hash power together with other miners was impressive.
“No middlemen. No third-parties. Just pure self-sovereignty in action,” Umbrel, the Bitcoin Bazaar X Account added:
“A solo block has been mined by a solominer, mining on his own mining pool, hosted on an Umbrel Server. Total sovereignty. We need more of this.”
Bitcoin mining alone is good for the decentralized system
It is good that solo Bitcoin miners are increasing. Bitcoin’s decentralization It gives small miners an opportunity to compete with the larger industrial-scale miners, Many of these are publically traded.
Bitcoin miners are cheaper even than iPhones
This comes as smaller Bitcoin miner companies, like Bitaxes have been on the rise over recent years. sell The price ranges from $155 up to $600 depending on how many terahashes per second the machine can generate.
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The pocket-sized machines together only add a tiny boost to Bitcoin’s hash rate, Many of these machines are open source to combat the “secrecy and exclusivity” Bitcoin Miners are typically larger and use more powerful equipment. closed-sourced Bitcoin ASICs, A BitMaker representative told Cointelegraph that in 2023.
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Source: cointelegraph.com
