Lots of luck! The miner hit the block alone and collected 3.125 BTC block reward

in kr •  5 months ago 

Early this morning (29th), an independent miner who worked alone successfully won the right to add the 841,286th block to the Bitcoin blockchain, and finally monopolized the block reward of 3.125 Bitcoins, worth approximately 200,000 Dollar.
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Con Kolivas, a software engineer and administrator of the independent mining pool ckpool, posted this news this morning. He pointed out that the miner dug out the 282nd "independent block (Solo Block)" in the history of Bitcoin, and the moment he added the block The computing power is 120 Peta Hashes (PH/s) per second, which is equivalent to about 0.12 Exa Hashes (EH/s) per second. The average computing power is about 12PH/s, accounting for only 0.02% of the computing power of the entire network.

In other words, for an independent miner, this is equivalent to winning an almost impossible victory. Although the story of "an independent miner generating a block alone" is full of hope, it has only happened in the history of Bitcoin mining. 282 times, the vast majority of current Bitcoin blocks are produced by large mining pools that combine computing power and share revenue, and then distribute mining rewards in proportion to the miners' contributions.

The most recent "independent block event" occurred on April 5, a few weeks before the halving, when a solo miner solved block 837,814 with a computing power of 7PH/s and received a reward of approximately $422,750.

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