Mining
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On May 23, a solo miner included block #790 958 in the blockchain of the first cryptocurrency with a hardware capacity of 750 TH. This was announced by the administrator of the CKPool pool Con Kolivas.
Congratulations to miner bc1q0ftg0p7ljsj3m32e22ned92536gr5tafctr7mp who solved the 274th solo block at https://t.co/UWgBvLk5AE with approximately 750TH https://t.co/FmV1QRrhCt
— Dr. McCarthy. With Kolivas (@ckpooldev) May 23,
According to BTC.com, the user received a reward of 6.25 BTC and a commission of 0.24 BTC for a total of $177,115 at the exchange rate at the time of writing.
This is already block 247 within CKPool. According to Kolivas, on average, this equipment capacity allows mining a block once every 9 years, given the current complexity.
On May 18, as a result of the recalculation, the indicator increased by 3.22%, updating the maximum at around 49.55 T.
“Mining solo is a game of chance and the vast majority of you will never solve a block,” the solo pool administrator warned newcomers.
According to Glassnode, the computing power of the network at that time was 357.5 EH/s (smoothed by a seven-day moving average).
Recall that in March, another solo miner included a block in the bitcoin network with a hardware power of 6.7 PH.
Previously, a user with a hashrate of only 10 TH/s mined a block of the first cryptocurrency. Its share in the computing power of the network was 0.000000036%.
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