Solo Miner Mines Bitcoin Block
A lone miner mined a Bitcoin block and earned almost $350,000 for it. The probability of such an event for him was estimated at approximately once every eight years, writes RBC Crypto.
Around midnight on July 3-4, a miner added block #903883 to the first cryptocurrency's blockchain, according to the Bitcoin mempool. The lone miner worked through the CKPool pool. The organizer of the solo mining platform, Con Kolivas, congratulated the lucky miner and said that it was the 301st block mined in this pool.
CKPool is a service for solo mining. Unlike traditional pools, where participants combine capacities and share the reward, CKPool does not redistribute computing resources: miners work independently, and only the one who finds a block first receives a reward. The pool charges a fee for technical support and quick inclusion of a block in the Bitcoin network. The success of its users depends only on the power of their equipment (hashrate) – the more attempts, the higher the probability. Even weak devices can theoretically mine a block, but the probability is extremely small. At the same time, in the context of this pool, a “single miner” does not mean a miner with one device, it can also be an entire data center with a large number of powerful devices.
As Kolivas reported, the capacity of the solo miner was 2.3 Ph/s (petahash per second). Usually, the hashrate of each device is measured in Th/s (terahash per second). 2.3 Ph/s = 2300 Th/s. This is about ten fairly modern ASICs, such as Bitmain Antminer S21+ (235 Th/s) or Whatsminer M61S (230 Th/s).
In the discussion of the news, users suggested that the miner could have rented the capacity. But Kolivas said that the pool member has been mining bitcoins on equipment with such a hashrate for quite a long time, and, according to his estimates, the individual actually uses about 10 ASICs.
According to Kolivas, the chances of this miner mining a block with such a powerful equipment were 1 in 2800, or on average once every eight years.
In total, the solo miner received 3,173 BTC ($348.9 thousand). Of this, the block reward was the standard 3,125 BTC ($343.7 thousand), and 0.048 BTC ($5.2 thousand) were fees for transactions included in the block.
In July 2024, a lone individual mined a Bitcoin block on 3 Th/s hardware. His chances of finding a block were 1 in 1.2 million, or once every 3,500 years on average.
Источник: cryptocurrency.tech
