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Crypto
Bitcoin solo miner beats 300-year odds to win $220,000 jackpot
A rare case has emerged of a miner successfully mining a Bitcoin block on the network using very small equipment. The solo miner overcame odds described as about a once-in-300-years event and received about 3.128 BTC in rewards. The miner used CKPool’s solo mining software to mine block 944,306, collecting a 3.125 BTC subsidy plus 0.003 BTC in fees, worth about $220,000.
Crypto
Solo bitcoin miner beats lottery odds to win about $210,000 reward
A small solo bitcoin miner with about 230 terahash per second solved block 943,411 despite odds of about 1 in 28,000 per day, earning about $210,000. The miner received 3.139 bitcoin, including a 3.125 BTC subsidy and 0.014 BTC in fees, via the solo.ckpool.org pool. CKpool developer Con Kolivas said it was the pool’s 312th solo block. Large miners have been selling bitcoin holdings in the first quarter.
Crypto
Solo bitcoin miner hits jackpot with $75 rental hashrate to win more than $200,000
A solo bitcoin miner used about $75, or 119,000 satoshis, in rented hashrate to validate a block and earn more than $200,000 in rewards. The miner received 3.125 BTC and verified block 938092 via CKPool, with total revenue of about 3.128 BTC including fees. Data showed transaction fees of 0.003 BTC, about $180. Recent figures show 21 solo miners produced 66 BTC in the past year, up 17 percent.