Solo Bitcoin Miner Earns $180,000 Reward

Solo Bitcoin Miner Earns $180,000 Reward
  • A solo Bitcoin miner earned $180,000 by processing a block on their own.
  • The block contained 5,935 transactions and a reward of 3.169 BTC.
  • Solo CK, a mining pool, distributed the reward to the successful miner.
  • The miner used 0.098% of the total power securing the blockchain.
  • Solo miners have solved blocks only 290 times since Bitcoin's inception.
  • Solo CK pool has solved 14 other blocks in the past year, earning 59.3 BTC.

Summary :
A solo Bitcoin miner has achieved the rare feat of processing a block on their own, earning a reward of around $180,000. This miner, operating under the mining pool Solo CK, used a small fraction of the total power securing the blockchain to solve the block. Solo miners solving blocks is uncommon due to the high hashrate requirements, but it is not impossible. The Bitcoin hashrate recently hit a new all-time high, making it challenging for solo miners to validate a block successfully. Solo CK has been responsible for solving other blocks in the past year, earning a total of 59.3 Bitcoin, currently worth $3.4 million. Despite the dominance of larger mining pools, solo miners have been on a hot streak recently, with several miners hitting the jackpot and earning significant rewards.

Sources :

- CoinTelegraph
- Decrypt
- Coindesk