Bitcoin Miner Claims $180,000 Block Reward Alone

A Bitcoin miner achieved a uncommon feat by single-handedly receiving a reward from block 860749. This unusual occasion earned the miner roughly $180,000.

The miner efficiently claimed the reward of three.169 BTC from block 860749, a notable accomplishment given the miner’s modest system. In response to knowledge from Bitcoin transaction tracker YCharts, the miner was working with 629 petahashes of energy on the time of fixing the block, representing simply 0.098% of your entire community’s energy. Regardless of this, the miner, registered with a mining pool known as Solo CK, was in a position to declare the reward independently. Solo CK operates with smaller miners pooling their sources, however underneath its guidelines, a single miner can win the total reward.

This uncommon prevalence has solely occurred 290 instances in Bitcoin’s historical past.

A Bitcoin miner received a block reward on his own: $180,000!

Since Bitcoin’s launch in 2009, roughly 860,000 blocks have been mined on the community, with the overwhelming majority produced by mining swimming pools. As talked about earlier, the occasion of a single miner fixing a block has solely occurred 290 instances, underscoring how uncommon this phenomenon is.

Within the meantime, it’s value noting that Bitcoin mining problem has reached an all-time excessive as of September 2024. Analysis exhibits that the issue degree has surged to 742 exahashes (EH/s). Given the numerous problem of fixing Bitcoin blocks at such a excessive problem, it’s really outstanding {that a} single miner may earn a reward.