🌈 A solo miner with a $250 device mined a Bitcoin block and received over
$200,000
1️⃣ A solo miner with the Bitaxe for less than $250 independently mined a Bitcoin block, #957,382.
2️⃣ The miner received $200,000 because the Public Pool charges no fees.
3️⃣ With a hash rate of about 1 TH/s, the statistical chances of finding a block are estimated at once every 16,000–18,000 years.
A solo miner who used a compact ASIC device, the Bitaxe, with a hash rate of about 1 TH/s, independently found the Bitcoin block #957,382 and received a reward of 3.1382 BTC. At the exchange rate at the time of the operation, this was approximately $200,590, according to mempool data.
Mining was carried out through the Public Pool, which charges no fees, so the operator received 100% of the block reward, including the subsidy and transaction fees.
According to Bitcoin News, the device was running without overclocking and was the only miner connected to this address. The block contained about 4,900 transactions.
According to experts’ estimates, with a hash rate of 1 TH/s, the statistical probability of finding a block by oneself is about once every 16,000–18,000 years, making the event extremely rare.
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