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Bitcoin Gold

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In a remarkable event on November 26, 2023, a solo miner, defying the odds, successfully mined Bitcoin block 818,588. With just 0.0004% of Bitcoin’s total hashpower, their modest 2 PH/s (petahash per second) effort led to the discovery of the block, verifying 4,193 transactions. This extraordinary achievement earned the miner a total of 6.887 BTC, including the 6.25 BTC subsidy and transaction fees, according to <a href="https://news.bitcoin.com/with-just-0-0004-of-bitcoins-hashpower-solo-miners-2-ph-s-effort-secures-block-reward/" rel="noopener noreferrer nofollow">bitcoin.com</a>.
This incident, reminiscent of a similar occurrence in late October, highlights the possibilities within the Bitcoin mining landscape. Despite their relatively small hashpower contribution in comparison to the Bitcoin network's colossal 488 EH/s (exahash per second), the miner, affiliated with Solo Ckpool, claimed the entire block reward. Ckpool is designed to support independent miners, offering them the opportunity to keep the full reward, unlike other mining pools where rewards are distributed among participants.
The solo miner's success in this scenario is a testament to the unpredictable nature of Bitcoin mining and the potential for even small-scale miners to achieve significant gains. Con Kolivas, the developer of Solo Ckpool, noted the rarity of such an event, stating that a miner of this size would typically solve a block only once every five years.

Solo Miner Strikes Bitcoin Gold with Mere 2 PH/s

Ultramining_Eng

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