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Crypto Prune > Mining > One Bitcoin Miner snatches the entire prize with one hand!
Mining

One Bitcoin Miner snatches the entire prize with one hand!

7 months ago 2 Min Read

A single Bitcoin Miner solved the Bitcoin (BTC) block on his own, earning an entire $330,000 reward.

One in 1 million people!

Bitcoin Miners have won a block reward of $330,000, despite the network reaching a record high of 126.98 trillion, according to Mempool data.

According to the data, Solo Miner won $327,625 in subsidies compensation and about $2,761 in total transaction fees, and charged 3.15 BTC.

The Solo Miner mined block number 899,826 and earned an unusual reward worth $330,386.

Minor achieved the feat by mining block 300 from the Solo.CKPOOL Bitcoin mining pool. “Congratulations on Miner BC1QA8R4UP9NCHKVDNHCF9FEEXV2JFANTRK48EF374,” said Con Kolivas, developer of Ckpool.

Kolivas said that based on the Bitcoin hashrate, it is likely that a single miner will rent an additional hashrate to increase the likelihood that he will win block rewards.

“Mineers have been mined at much lower hashrates for a while, but the reason for the rise in hashrates to these levels is likely to be rented because there is only one worker.”

Bitcoin blocks are produced about every 10 minutes and are usually mined by the mining pool where you are most likely to win the block reward. The reward for successfully mining a block is 3,125 bitcoins after a harving event earlier this year.

*This is not investment advice.

See also  Crypto's Treasury could soon begin gobbling each other: Coinbase
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