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Sunday, December 3, 2023
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    HomeMarket NewsSolo Bitcoin Miner Beats The Odds, Wins 6.25 BTC Block Reward

    Solo Bitcoin Miner Beats The Odds, Wins 6.25 BTC Block Reward


    • A solo Bitcoin miner beat the percentages of fixing block 793607 and gained a 6.25 BTC block reward.
    • This miner was reportedly utilizing an Antminer S9 with about 17 TH.
    • At immediately’s Bitcoin mining issue and 17 TH, it takes a median of 450 years for a single miner to land a block.

    With bitcoin’s value struggling under $26,000 and the whole cryptocurrency market affected by latest regulatory ramifications, there are few voices of help for bitcoiners.

    Nevertheless, for solo BTC miners, a stroke of luck allowed them to win the block reward and win gold. Based on on-chain knowledge, the miner beat the staggering odds to mine block 793607 and gained 6.25 BTC block reward.

    BTC Miner with Single Antminer S9 Wins Jackpot

    This solo miner reportedly used a single Antminer S9 to report simply 17 terahashes (TH), a once-in-a-lifetime feat. Their β€œlottery” prize was value about $160,000 on the time of the block reward.

    Congrats to miner 151XTfHBfaDqoNWGGeYobNX2YzFFWuB5YD who solved the 275th block on http://solo.ckpool.org simply ~17TH! That is in all probability a single S9 miner. A miner of this dimension solves a block solely about as soon as each 450 years on common.,” tweeted Con Kolivas, CGMiner Software program Engineer and Solo CKPool Administrator.

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    It isn’t the primary time a solo miner has hit such an enormous jackpot, and CKPool has revealed Seven That is the primary such instance since January. Nevertheless, as Bitcoin hashrate and mining issue enhance, this feat turns into increasingly tough.

    Based on knowledge from Blockchain.com, the present Bitcoin mining issue is 51.23 trillion hashes. Mining issue signifies how tough it’s to mine the following block, i.e. what number of hashes a miner should generate to seek out and clear up a legitimate block. The present issue is at an all-time excessive, with most blocks being solved by main mining swimming pools and corporations.

    Issue might be adjusted each 2016 block (roughly 2 weeks) and will go up or down. Within the subsequent adjustment, anticipated on June 14th, the problem will enhance by roughly 2.92% to 52.73 T.

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