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The cryptocurrency market is the latest in a remarkable development that has been made. This is the most unrequited block reward ever won by an independent Bitcoin miner, a feat that has been extremely unlikely.
Suppose today’s incident, the miner in question single-handedly mined block 944,306 on the Bitcoin network. The miner earned a total reward of 3,128 $BTC from CKpool’s solo mining software according to block explorer data. For example, 3,125 $BTC came from block subsidies (around $221.800), of this reward were made up by blocks 0 and 3,25 $CTC. 003 $BTC from transaction fees (about $212) The net income was around $222,000 for .
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The most striking thing about the incident was that there was a chance of this success being achieved. CKpool developer Con Kolivas said on social media that the chance of a miner of this scale finding ‘one in 100,000 blocks every day’ is about one in 100 million. Kolivas said ‘Statistically, this kind of success can happen about once every 300 years. Nevertheless, solo miners have found $BTC blocks before finding the block.
*This is not investment advice.
Thanks for reading A Solo Bitcoin Miner Achieved a Goal That Could Happen Once Every 300 Years
