One solo Bitcoin miner has hit the jackpot. They mined an entire Bitcoin Block with a fairly low-powered system and walked away with just under $35,000.
Bitcoin expert Pete Rizzo said The solo miner “beat incredible odds” On Thursday, it took just 2.3 petahashes to solve the entire block. The Bitcoin pool CKpool’s administrator congratulated the lucky miner and added that the solution was achieved with only 2.3 Petahashes.
“A miner of this size has about a 1 in 2,800 chance of solving a block every day, or once every 8 years on average,” They said. It’s a 0.004% probability.
According to Mempool Space, the miner solved block 903883 and received a subsidy of 3.173 BTC, or $349,028.
Solo mining rigs
Although the specific specifications of the miner’s rig were not disclosed, it is possible that they used several older ASIC miners capable of producing 2.3 petahashes every second.
The Bitaxe Gamma or FutureBit Apollo BTC are small hobbyist miners that can produce only a few Terahashes per Second.
USB miners, such as NerdMiner Pro V2, are even smaller and can produce only a few kilohashes each second. It is unlikely that they will hit the jackpot with a complete block.
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It would take around 166,000 TH/s in hashing power for a single miner to be able to reasonably have the chance of mining at least one Bitcoin block every month. Cointelegraph estimates that this is equal to nearly 500 Antminer S21 Hydro or units which could cost you millions. reported The year began earlier than usual.
Previous solo jackpots
In February, a solo miner struck it big On block 883 181, the block award was 3.125 Bitcoins, which at that time, were worth more than $300,000. Some speculated the miner used Bitaxe.
A solo miner struck digital gold In early June, a miner successfully mined 899.826, earning an award worth $330,000. It was even more rare due to the high difficulty of the network.
The hashrate does not guarantee success. At current difficulty levels a solo miner who has 2.3 PH/s will have roughly one chance in 375.300 per block. according SoloChance:
Mining production falls
In the meantime, Bitcoin mining production has risen. declined in June Riot Platforms Cipher Mining MARA Holdings and other major players are among them.
In June, several firms cut back on operations to avoid the high tariffs that are charged in Texas during peak summer demand.
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Source: cointelegraph.com
