A surprise hits the Bitcoin world: An unidentified miner using a small and ineffective mining device managed to mine a full block this week, defying enormous odds.
His chance of success was less than 1 in 180 million, but luck was on his side to receive the block reward of 3.14 Bitcoins, equivalent to $270,000.
This event proves that decentralization is still at the core of the Bitcoin network, where the opportunity is equal for everyone, and the strength of the Bitcoin network lies in the fact that it does not differentiate between a giant miner and a modest one.
His chance of success was less than 1 in 180 million, but luck was on his side to receive the block reward of 3.14 Bitcoins, equivalent to $270,000.
This event proves that decentralization is still at the core of the Bitcoin network, where the opportunity is equal for everyone, and the strength of the Bitcoin network lies in the fact that it does not differentiate between a giant miner and a modest one.
