HomeBlockchainSolo Bitcoin miner bags $ 330,000 block reward despite record difficulties

Solo Bitcoin miner bags $ 330,000 block reward despite record difficulties

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A solo bitcoin miner has successfully dismantled Block 899,826 and received a reward price $ 330,386, a rare performance in the midst of record network difficulties.

According to Mempool.space data, the block was confirmed on June 5 at 3:48 a.m. UTC and included 3,680 transactions. The miner, who operated under the Solo -ck pool, collected a subsidy of three.125 Bitcoin (BTC) plus additional fees of 0.026 BTC.

The average fee per transaction in Block 899,826 was $ 0.29, with a mean fee price of around 2 Satoshis per virtual byte (SAT/VB), which indicates a comparatively light network overload.

In a post on June 5 on X, Con Kolivas said a software engineer and administrator of the Solo -Mining pool CKPool, said the miner who won the Bitcoin block recently increased its hashrate to 259 petahashes per second (pH/s), which is unusually large.

Due to the indisputable fact that only a employee (mining device passion) was connected, he said that this was with loads of certainty that a rented hashate – probably from a cloud or market service – was temporarily on the pool to attempt to win a block.

He said the report broke down on Ckpool, however it often had a much lower hashate. Therefore, the massive hashrate was probably a brief -term rent with which a shot was “done a shot” to attain a block reward.

Con Kolivas speculates that the Solo -Bergmann used the rental power to extend the hashrate. Source: Con Kolivas

Bitcoin -Mining -difficulty degree of hits high

On June 1st, Bitcoin's mining difficulty reached a brand new all-time high of 126.98 trillion trillion. The difficulty thrust reflects the increasing competition between miners and the increasing network security.

The mining difficulty is customized every 2,016 blocks and driven by the network hashrates, which measures your complete computing power of securing the network.

Increasing mining. Source: blockchain.com

In the case of current difficulties, the probabilities that a single miner will successfully solve a block are tiny. Since the problem of Bitcoin continues to extend, such solo victories are prone to grow to be even less common, which adds other intrigues after they appear.

Solo mining wins on the advance?

The most up-to-date Solo Block victory took place in a rise in similar mining sequences this yr.

On March 10, a solo bitcoin bergmann, which has a small, inexpensive mining rig with 3.15 BTC (at this point in value of $ 26,000) for loosening block 887.212 via the Solo.CKPOL pool and to succeed in this feature.

On February 10, a Solo -Bitcoin -Bergmann was successfully dismantled on February 10, the block 883.181 received a reward of three.15 BTC (including fees) price over 300,000. The block contained 3,071 transactions, in order that data from mempool.space.

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