Solo Bitcoin miner wins 6.25 BTC block reward

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A solo Bitcoin miner earned the 6.25 BTC block reward after beating the chances to unravel block 793607.
The miner reportedly used an Antminer S9 with about 17 TH.
At immediately’s Bitcoin mining problem and with 17 TH, a solo miner would wish a mean of 450 years to land a block.

With Bitcoin value struggling under $26,000, and the broader crypto market impacted by current regulatory occasions, there’s has been little or no to cheer Bitcoiners.

But for a solo BTC miner, a fortunate break had them strike gold with the profitable of a block reward. According to on-chain knowledge, the miner beat staggering odds to mine block 793607 and earn the 6.25 BTC block reward.

BTC miner with single Antminer S9 hits jackpot

The solo miner reportedly achieved the once-in-a-life-time feat utilizing a single Antminer S9 and accounted for less than 17 terahashes (TH). Their “lottery” win was value about $160,000 on the time of block reward.

“Congratulations to miner 151XTfHBfaDqoNWGGeYobNX2YzFFWuB5YD with only ~17TH for solving the 275th block at http://solo.ckpool.org! That is likely a single S9 miner. A miner of this size would only solve a block once every ~450 years on average,” tweeted Con Kolivas, a CGMiner software program engineer and the admin of Solo CKPool.

It’s not the primary time a solo miner has hit such a jackpot, with CKPool apparently seeing seven such cases since January. However, the feat is more and more tough because the Bitcoin hashrate and mining problem have elevated.

According to knowledge from Blockchain.com, the present Bitcoin mining problem is 51.23 trillion hashes. Mining problem appears at how tough it’s to mine the following block, that’s what number of hashes a miner should generate to seek out and resolve a sound block. The present difficulty is at all-time highs and has most blocks solved by main mining swimming pools and firms.

The problem adjusts each 2016 blocks (about two weeks’ time) and might go up or down. The subsequent adjustment anticipated on June 14 will see the issue leap by about 2.92% to 52.73 T.