Jackpot

Bitcoin

when

Drops

One bitcoin miner defied the percentage and hit it big, successfully mining a bitcoin block and earning around $200,000 in the process. This big breakthrough occurred on March 30, 2024, when the miner processed block 858,978 at 4:21 pm UTC.&nbsp; 
There were 2391 <a href="https://mempool.space/block/000000000000000000016ccd32328638865256249e592246bfae8af4031dda01" target="_blank" rel="noreferrer noopener nofollow">transactions</a> in this block, and the miner received a reward of 3.27 BTC, which is worth about $199,094 in today’s money. 
The miner behind this success is part of the Solo CK Pool, a unique single mining pool that otherwise operates from a traditional swim mine although it combines the hashrate of small operator miners and mines he handles the weakest part gets credit.&nbsp; 
This approach used the Solo CK pool miner’s low hashrate of 456 PH/s, a fraction of the current normal network hashrate—almost zero.012%, based on 665 EH/s. 
Bitcoin’s network hashrate, which measures the total computational power dedicated to mining, recently hit an all-time high of 754 EH/s on July 23, according to <a href="https://bitinfocharts.com/comparison/bitcoin-hashrate.html#3y" target="_blank" rel="noreferrer noopener nofollow">BitInfoCharts</a>.&nbsp; 
Solo CK miners have solved 14 Bitcoin blocks over the past year, earning a total of 59.3 BTC, which is worth about $3.5 million at current prices. These successes are notable because of the dominance of large mining companies like Riot Blockchain and Marathon Digital, which control vast amounts of hashrate power. For a solo miner to validate a block is exceptionally rare. 
Solo miners have only succeeded in processing a block approximately 290 times out of the 859,000 blocks produced since Bitcoin’s inception 14 years ago. The last time a solo miner achieved this was on July 25, when they solved block 853,742, <a href="https://www.cryptotimes.io/2024/07/25/solo-miner-with-low-hashrate-device-earns-206k-in-bitcoin-block/" target="_blank" rel="noreferrer noopener">earning around $210,000</a>.

Solo Miner Hits $200K Bitcoin Jackpot with 0.012% Hashrate

The Crypto Times

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