Reading time: ~ 2 m
Small miners are usually pooled to increase the likelihood of block mining and to share the reward. However, there are also single miners. One of these mined a block and took the entire 6.25 BTC reward.
A lucky miner operates equipment with a total hash rate of only 126 Tx / s. That is, this is 0.000073% of the total hashrate of the Bitcoin network. The probability of finding a block by him was only 4% per year. Most likely, the miner owns two or three old ASIC miners. For example, three Antminer T17 devices can give such a hash rate.
“It’s funny. Get a block on the Bitcoin network with only 0.000073% of the network hashrate. This is either incredible luck, or confirmation of the Proof-of-Work algorithm. Or both, “The Block analyst Wolfie Zhao wrote on Twitter.
However, the miner mined block 718 124 and received 6.25 BTC as a reward. He also received approximately 0.1 BTC from transaction fees in this block. For mining, he used the “single” pool solo.ckpool.org, the commission of which is 2%. That is, the pool will receive 0.125 BTC.
“For this miner, this is a lifetime chance. The last time a miner with such an insignificant hash rate mined a block on my pool was about a year ago. Usually, blocks are mined by larger miners, but there is no reason that even smaller miners should not mine blocks, “said ckpool.org administrator Con Kolivas.
Earlier it was reported that Block Inc, owned by Jack Dorsey, is preparing to develop “next generation ASIC miners.”
#miner #hash #rate #independently #mined #block #Bitcoin #network
