Underdog Bitcoin Miner Bags $210,000 BTC In Stunning Block Discovery
A 33-day dry spell for solo Bitcoin miners ended last week when one small operator cracked a block that, statistically, should not have been cracked for decades. Related Reading: XRP Eyes $8.30 Target As Rare Chart Pattern Emerges From Prolonged Decline One Miner, One Block, One Very Long Shot The winning miner earned 3.139 BTC — worth roughly $210,000 — after successfully validating block 943,411 on April 3. The payout included the standard 3.125 BTC block subsidy and approximately 0.014 BTC in transaction fees. Data from mempool.space confirmed the transaction. The miner operated through....
A solo Ethereum miner has just gotten what could be described as the lucky break of a lifetime after mining a single ethereum block that netted them a reward that ran into the hundreds of thousands of dollars. While ethereum’s mining difficulty is not as high compared to bitcoin, it is still a difficult, energy and computationally intensive process that discourages the average person. However, a lot of solo miners remain in the ethereum ecosystem and continue to make a profit from their mining activities. Although not all of the miners get to mine a single block that delivers a reward with....
A solo Bitcoin miner has pulled off what many miners would consider a near-impossible feat, mining a single block worth more than $370,000 in rewards. The miner, working through a solo mining pool called Solo CK, successfully added block 910,440 to the Bitcoin blockchain. Although it appears to be a normal mining block, the circumstances […]
An individual miner defied the odds and managed to collect 168 ETH from a solo mining pool this week worth 42 times the average block reward. An individual Ether (ETH) miner struck it big by mining a block on their own and receiving a reward valued at about $540,000. The miner was operating through the 2miners Ethereum SOLO pool on Jan. 17 when they mined an entire block and received 168 ETH. That reward vastly outstrips the per-block average reward of about 4 ETH according to BitInfoCharts.Adding to the remarkable nature of the reward is the size and hash power of the SOLO pool. It is....
On Bitcoin’s 12th anniversary, a mystery miner from the early days spent 1,000 decade-old bitcoins that were mined in 2010. The strange miner was not the only entity that spent 2010 BTC block rewards during the last nine months, but this miner returned on a few occasions to spend strings of ten-year-old block rewards. As the end of 2021 nears, 152 blocks with 7,600 bitcoin worth $319 million today and minted in 2010 have been spent this year after sitting idle for over a decade. **Editor’s note: This article was updated at 12:40 p.m. (EST) on Sept. 28, 2021, to include....
