Another solo bitcoin minor has just hit the jackpot, extract an entire bitcoin block with a relatively low platform and get closer to just under $ 350,000 in Bitcoin.
Bitcoin historian Pete Rizzo said that the solo minor “beats incredible odds” Thursday to operate an entire block. The administrator of the Bitcoin Ckpool mining pool, where the block was exploited, congratulated the lucky minor, adding that they used only 2.3 Petahashes to resolve it.
“A minor of this size has about 1 out of 2,800 chances to resolve a block every day, or once every 8 years on average,” they said. (It’s about 0.004% chance.)
According to Mempool Space, the minor resolved the 903883 block and received a subsidy of 3,173 BTC, or $ 349,028.
Solo operating platforms
Although the exact specifications of the minor platform are unknown, they may have used several older generation ASIC minors, which can produce 2.3 pethashes per second of the hash power.
Smaller amateur solo minors such as Gamma Bitaxe, Futurebit Apollo BTC or Canaan Avalon Nano 3, can only produce a few terahashes per second.
Smaller, USB minors such as the Nerdmin Pro V2 can only produce kilohashs per second and it is very unlikely that it strikes the jackpot on a complete block.
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To have a reasonable chance of extracting a bitcoin block per month, a solo minor would need around 166,000 TH / S of hash power. This is equivalent to nearly 500 hydroelectricity units Antmin S21, which would cost millions of dollars in initial investment, Cointelegraph reported earlier this year.
Previous solo jackpots
In February, a solo minor struck him large on the 883 181 block, which also gave the Bitcoin block award of 3.125, worth more than $ 300,000 at the time. It has been assumed that the lucky minor can have used a bitaxe.
Another solo minor struck digital gold in early June, successfully operating 899,826, earning a reward worth $ 330,000, which was even rarer in the middle of a record network difficulty.
With solo exploitation, Hashrate does not necessarily guarantee success, because it is pure probability. A solo minor with 2.3 pH / SA approximately one in 375,300 chances per block at the current difficulty levels, according to Solochance.
Mining production falls
Meanwhile, industrial bitcoin mining production decreased in June for certain major players, including anti-riot platforms, Cipher Mining and Mara Holdings.
Several companies have strategically reduced operations in June to avoid costly cutting -edge demands in Texas, where prices are applied during the summer months.
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