{"id":15525,"date":"2024-07-25T10:10:19","date_gmt":"2024-07-25T07:10:19","guid":{"rendered":"https:\/\/forklog.com\/en\/solo-miner-strikes-bitcoin-block-earning-212000\/"},"modified":"2024-07-25T10:10:19","modified_gmt":"2024-07-25T07:10:19","slug":"solo-miner-strikes-bitcoin-block-earning-212000","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/solo-miner-strikes-bitcoin-block-earning-212000\/","title":{"rendered":"Solo Miner Strikes Bitcoin Block, Earning $212,000"},"content":{"rendered":"<p>On July 24, a solo miner with a hash rate of 3 TH\/s successfully added block #853,742 to the blockchain of the first cryptocurrency. This was reported by CKPool administrator Con Kolivas.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Congratulations to miner with the first bitaxe block, only a tiny 3TH for finding the 290th solo block on solo ckpool! This much hashrate only would find a block once every 3500 YEARS on average, or 1 in 1.2 MILLION chance per day! <a href=\"https:\/\/t.co\/5Wtu9jydsF\">https:\/\/t.co\/5Wtu9jydsF<\/a> <a href=\"https:\/\/t.co\/D5sSzug42P\">pic.twitter.com\/D5sSzug42P<\/a><\/p>\n<p>\u2014 Dr -ck (@ckpooldev) <a href=\"https:\/\/twitter.com\/ckpooldev\/status\/1816216325108175245?ref_src=twsrc%5Etfw\">July 24, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He noted that with such power, the chances of finding a block are one in 1.2 million, and on average, this event could occur once every 3,500 years.<\/p>\n<p>The miner earned a total of $211,972 in rewards and fees.<\/p>\n<p>Kolivas added that this is the first successful mining instance using Bitaxe devices from D-Central Technologies. These miniature devices are designed for solo mining, utilizing the Antminer S21 chip and delivering a hash rate of ~500 GH with an energy efficiency of 18 J\/TH.<\/p>\n<p>The CKPool administrator noted that the miner connected the address only 19 days ago and increased the computational power to 3 TH\/s just in the last 24 hours.<\/p>\n<p>Kolivas speculated that the miner used a combination of six Bitaxe units. According to the mining equipment seller Altair&#8217;s website, one device costs $179 in the US.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">?Congratulations to the miner who likely mined the first solo BTC block with a Bitaxe on <a href=\"https:\/\/twitter.com\/ckpooldev?ref_src=twsrc%5Etfw\">@ckpooldev<\/a> with ~500 Gh hashrate! <\/p>\n<p>?Props to <a href=\"https:\/\/twitter.com\/skot9000?ref_src=twsrc%5Etfw\">@skot9000<\/a>, <a href=\"https:\/\/twitter.com\/Public_Pool_BTC?ref_src=twsrc%5Etfw\">@Public_Pool_BTC<\/a> &#038; <a href=\"https:\/\/twitter.com\/osmu_global?ref_src=twsrc%5Etfw\">@osmu_global<\/a> on the project!<\/p>\n<p>You can buy these proven winners here?<br \/>?<a href=\"https:\/\/t.co\/fiEPh4pRA8\">https:\/\/t.co\/fiEPh4pRA8<\/a><a href=\"https:\/\/twitter.com\/hashtag\/WeMineBitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#WeMineBitcoin<\/a> <a href=\"https:\/\/t.co\/C6D9Jj1HlR\">pic.twitter.com\/C6D9Jj1HlR<\/a><\/p>\n<p>\u2014 Altair Technology\u00ae \u26cf\ufe0f (@altair_tech) <a href=\"https:\/\/twitter.com\/altair_tech\/status\/1816176460656243146?ref_src=twsrc%5Etfw\">July 24, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Throughout CKPool&#8217;s operation, this marks the 290th block mined by solo miners, emphasized the pool administrator.<\/p>\n<p>Back in April, solo cryptocurrency miners achieved this feat twice: the first miner earned approximately $422,750, while the second, due to the <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-undergoes-fourth-halving\">recent halving<\/a>, received only <a href=\"https:\/\/u1f987.com\/en\/news\/solo-miner-secures-bitcoin-block-earning-218500\">around $218,544<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On July 24, a solo miner with a hash rate of 3 TH\/s successfully added block #853,742 to the blockchain of the first cryptocurrency. This was reported by CKPool administrator Con Kolivas. Congratulations to miner with the first bitaxe block, only a tiny 3TH for finding the 290th solo block on solo ckpool! This much [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15524,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1137],"class_list":["post-15525","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"35","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=15525"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15525\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/15524"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=15525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=15525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=15525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}