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- Another Bitcoin miner has received a reward of 3.139 BTC worth about $210,000 after solving a block through CKpool.
- The mine was running at around 230 TH/s, giving the establishment about 1-in-28,000 odds of getting a block every day.
A solo Bitcoin miner has just pulled off one of the most unprecedented achievements in the mining game. A miner, connected to solo.ckpool.org, solved the Bitcoin block and got a total reward of 3.139 BTC.
That haul included a 3.125 BTC block subsidy and another 0.014 BTC in transaction fees, totaling $937 at the time. In all, the payments came to about $210,000.
Small string, big hit
What makes the log stand out is its size. According to the developer CKpool It’s Kolivasthe winning miner was running at about 230 meters per second. These days Bitcoin mining landscape, which is a rare commodity, especially compared to industrial projects that often tend to create blocks.
Kolivas said a miner of his size has a 1-in-28,000 chance of solving a block every day. This puts the win in the long run. Impossible, apparently. Very rare that the market still listens when it happens.
He added that this was the 312th block solved via solo.ckpool.org, an anonymous mining pool that has been around since 2014.
The mining solo lottery is still alive
CKpool’s private services are designed for miners who want a direct shot at full payouts instead of the smaller, fixed payouts that come from traditional mining pools. Trading is easy. You can wait a long time and get nothing, or you can hit the whole block and take home the entire prize minus the 2% fee.
This design creates a unique mine in a strange place inside Bitcoin. It’s not the best option for most users, and no one can say it’s predictive, but it still has some appeal. Every now and then, a small miner hits a challenge and reminds the market that even in a network dominated by hashpower, diversity still has a say.
