{"id":16541,"date":"2024-08-30T10:11:29","date_gmt":"2024-08-30T07:11:29","guid":{"rendered":"https:\/\/forklog.com\/en\/solo-miner-strikes-bitcoin-block-earning-nearly-200000\/"},"modified":"2024-08-30T10:11:29","modified_gmt":"2024-08-30T07:11:29","slug":"solo-miner-strikes-bitcoin-block-earning-nearly-200000","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/solo-miner-strikes-bitcoin-block-earning-nearly-200000\/","title":{"rendered":"Solo Miner Strikes Bitcoin Block, Earning Nearly $200,000"},"content":{"rendered":"<p>On August 29, a solo miner successfully added block #858 978 to the blockchain of the first cryptocurrency, earning 3.275 BTC ($199,101) in subsidies and fees.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"315\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Blok-858978-000000000000000000016ccd32328638865256249e592246bfae8af4031dda01-mempool-Bitcoin-Explorer-Google-Chrome-1024x315.jpg\" alt=\"Blok-858978-000000000000000000016ccd32328638865256249e592246bfae8af4031dda01-mempool-Bitcoin-Explorer-Google-Chrome\" class=\"wp-image-240026\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Blok-858978-000000000000000000016ccd32328638865256249e592246bfae8af4031dda01-mempool-Bitcoin-Explorer-Google-Chrome-1024x315.jpg 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Blok-858978-000000000000000000016ccd32328638865256249e592246bfae8af4031dda01-mempool-Bitcoin-Explorer-Google-Chrome-300x92.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Blok-858978-000000000000000000016ccd32328638865256249e592246bfae8af4031dda01-mempool-Bitcoin-Explorer-Google-Chrome-768x237.jpg 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Blok-858978-000000000000000000016ccd32328638865256249e592246bfae8af4031dda01-mempool-Bitcoin-Explorer-Google-Chrome.jpg 1123w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/mempool.space\/block\/000000000000000000016ccd32328638865256249e592246bfae8af4031dda01?showDetails=true&#038;view=actual\">mempool.space<\/a>.<\/figcaption><\/figure>\n<p>CKPool administrator Con Kolivas noted that the user possesses a substantial hash rate for solo mining\u201438 PH\/s. According to his estimation, this level of performance would allow for block mining approximately once every four months.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Congratulations to miner 36AisvWi1UiwLTeTZxLzindAkorqeUc3tT for solving the 291st solo block on <a href=\"https:\/\/t.co\/UWgBvLkDqc\">https:\/\/t.co\/UWgBvLkDqc<\/a>! This hefty miner with 38PH would solve a block on average once every ~4 months. <a href=\"https:\/\/t.co\/Qw2lamcVKd\">https:\/\/t.co\/Qw2lamcVKd<\/a> <a href=\"https:\/\/t.co\/n5mehMJ9tN\">pic.twitter.com\/n5mehMJ9tN<\/a><\/p>\n<p>\u2014 Dr -ck (@ckpooldev) <a href=\"https:\/\/twitter.com\/ckpooldev\/status\/1829271333357928638?ref_src=twsrc%5Etfw\">August 29, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Kolivas added that this is the 291st block mined by CKPool participants, which provides services to individual miners. The structure combines the computing power of clients to increase chances, but the entire reward goes to the one whose equipment directly solved the task.<\/p>\n<p>On July 24, a pool user with a hash rate of 3 TH\/s mined the 290th solo block. His total reward amounted to $211,972.<\/p>\n<p>In April, CKPool users achieved similar success twice: the first at the beginning of the month <a href=\"https:\/\/u1f987.com\/en\/news\/solo-miner-successfully-mines-bitcoin-block\">earned approximately $422,750<\/a>, while the second, due to the <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-undergoes-fourth-halving\">halving event<\/a>, received <a href=\"https:\/\/u1f987.com\/en\/news\/solo-miner-secures-bitcoin-block-earning-218500\">only ~$218,544<\/a>.<\/p>\n<p>On August 28, following the latest recalculation, the difficulty of Bitcoin mining increased by 2.99%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On August 29, a solo miner successfully added block #858 978 to the blockchain of the first cryptocurrency, earning 3.275 BTC ($199,101) in subsidies and fees. Source: mempool.space. CKPool administrator Con Kolivas noted that the user possesses a substantial hash rate for solo mining\u201438 PH\/s. According to his estimation, this level of performance would allow [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16540,"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-16541","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":"19","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/16541","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=16541"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/16541\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/16540"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=16541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=16541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=16541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}