New Year’s Miracle: A Solo Miner Received a Reward of 6.25 BTC

An individual bitcoin miner pulled out a "lucky" ticket. He managed to get the entire reward of 6.25 BTC per block check.

The odds of such an outcome are less than 1 in 1.36 million. The user had no more than 129 TH/s of processing power at his disposal, which is only 0.000073% of the entire network. Theoretically, if a miner joined the network today, it would take him about 26 years to be the first to calculate the block. However, even such a low hashrate made him $265,000 richer (as of January 12, 2022).

This unique event for the Bitcoin network happened on January 11 at a block height of 718,124. Although the miner was connected to solo.ckpool.org, the 14th-ranked BTC pool, he was able to solve the crypto task on his own.

Such an event for solo miners doesn't usually happen at all. And if it happens, it does not occur more than once in a lifetime, given the current complexity of the network. It is almost impossible to compete with the large pools, but, as you can see, it is possible.

Perhaps the miner had 2-3 old ASICs, for example, such as Bitmain Antminer T17, one of which produces 42 TH/s.

2% of the received reward will go to the platform, through which the lucky miner worked, but it will be partially compensated by the transaction fee of 0.1 BTC.

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