Lucky Solo’s Bitcoin Miner mined more than $347,000 blocks on the world’s most competitive crypto network.
On Sunday, an independent miner successfully used Solo Ckpool to handle blocks 913,632, earning a total reward of 3.13 BTC worth $347,872.
This block contains 593 transactions totaling 473.61 BTC worth $52.6 million, with an average transaction size of 0.7987 BTC. Blockchain Explorer.
Miners’ compensation included a standard base fee of 3.125 BTC and an additional 0.0042 BTC of trading fees.
Solo Ckpool is a mining service that individual miners can participate in. Bitcoin Mining Without completely operating it yourself Bitcoin The node provides entry points for small operations to compete with industrial mining giants.
Success from individuals is very rare, but because they compete with large players who have hundreds of Asics that can beat them.
“Among all blockchain networks, there is no comparison regarding the conformity with the decentralization of the Bitcoin network,” said Peter Chung, Head of Research at Presto Labs. Decryption. “These events will be added to the story.”
This is the second successful block discovery by a Solo Bitcoin Miner Following similar results this month, September 1st.
Last month, another solo minor Press the jackpot When they settle block 910,440, they earn a 3.137 BTC reward worth around $365,000.
The current difficulty in mining Bitcoin is 136.04 trillion (136.04 t), close to record highs. YCHARTS.
Arjun Vijay, founder of Crypto Exchange Giottus, adjusts block time to 10 minutes for every 2,016 blocks, bringing a solo victory “as unusual as lottery tickets.” Decryption.
“The beauty of Bitcoin Proof in Working Algorithms is that there is no formula and the correct non-se can only be found through a trial and error process,” says Vijay.
However, “large players and pools have advantages as they can divide work between themselves, reducing overlapping effort,” he pointed out.
For most participants, “it still makes sense to get regular payments for their efforts rather than joining a mining pool and betting on such rare outcomes,” he said, adding, “To more decentralize Bitcoin, we need more pools and no more solo miners.”
Bitcoin has increased by 0.5% over the last 24 hours, up 104.3% year-on-year. Co Ringecko.
