A lone Bitcoin miner has achieved a uncommon victory by validating a whole Bitcoin block and securing an enormous reward utilizing hobby-level mining operations and on-demand hashrate.
The miner earned 3.125 Bitcoins ($BTC) Based on blockchain knowledge and a put up from Bitcoin mining firm Brains, efficiently mining block 938092 would end in a block reward value roughly $200,000 at present costs.
Brains stated the miner relied on on-demand hashrate, spending about 119,000 Satoshis (about $75 on the time) to hire one petahash of computing energy per second, paying a small solo mining charge within the course of. The corporate stated the miner was utilizing CKPool, a service that enables particular person miners to work independently whereas utilizing a pool server to broadcast their work and submit options.
Though it is uncommon to confirm a whole block as a solo Bitcoin miner, even an funding of lower than $100 in on-demand hashrate can result in a fortunate paycheck. On-demand hashrate is a cloud-based strategy that enables would-be miners to hire computing energy and mine cryptocurrencies with out proudly owning the {hardware}.
Bitcoin block 938092, verified by a solo miner utilizing rented hashing energy. Supply: Mempool.house
Based on blockchain knowledge from Mempool.house, miners efficiently verified Bitcoin block 938092 at round 8:04 a.m. UTC on Tuesday.
Associated: A lone Bitcoin miner makes use of a small, low cost rig to accumulate blocks – a ‘one in 1,000,000 probability’
Statistically, solo wins are nonetheless uncommon.
Validating a block as a single miner is a uncommon occasion, however over the previous 12 months, 21 Bitcoin miners have achieved this feat, cashing in a complete of $66. $BTCvalue $4.1 million at present costs. This represents a 17% enhance in solo blocks discovered over the previous 12 months, in line with Solominer knowledge aggregator Bennett.
Solo Bitcoin mining block statistics. Supply: Bennet.org
Based on the info, solo blocks are mined on common each 17.2 days.
Associated: How 5 particular person Bitcoin miners every cashed out over $350,000 in 2025
Bitcoin mining business recovers from US winter storm
After the most recent adjustment, Bitcoin mining problem rose to 144.4 trillion, marking a 15% enhance.
This correction reversed the 11% drop brought on by extreme winter storms within the US earlier this month, making it the steepest hashrate drop since China’s mining ban in 2021.
Bitcoin problem chart. Supply: CoinWarz
Hashrate measures the whole computing energy behind the Bitcoin community. The community problem is adjusted each 2,016 blocks, or roughly each two weeks, to maneuver block era nearer to the 10-minute objective.
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