A solo miner has succeeded in being too quickly finished and finding a Bitcoin block. On Sunday, an individual succeeded in finding a block for $ 3.137 Bitcoin worth $ 371,000 at the time of MINEN. The miner in question operated via Solo CK Pool, a service for solo miners.

Special event

It is special that small miners still manage to find blocks. The Bitcoin network is today dominated by large parties that almost work on an industrial scale.

Where you used to be able to mine with a home laptop, that is now practically impossible. Even solo miners often have a pretty impressive setup.

If you read things like this, then it is at least people who have bought specific equipment for mining. It is actually no longer people who have turned on their game computer and happen to find a block.

The block found by a solo miner. Source: Mempool

Yet it is great that it is still possible. In theory you can still turn on your laptop, mine Bitcoin and happen to find a block. The chance is minimal, but the chance exists. Everyone can participate in Bitcoin in this way.

Solo mining from Bitcoin is a lottery

Although the equipment has become a lot better and more efficiently over the years, the mining of Bitcoin is not easier. After all, everyone has access to that equipment. Large parties perhaps even more than solo miners.

“Solo-mining is primarily a lottery, unless you check a huge amount of computer power. That is the minimum that is needed to have a chance of finding Bitcoin,” said Samuel Li in conversation with Cointelegraph.

Even professional companies have more and more difficulty saving themselves on Bitcoin’s network. Many large parties also go bankrupt at times when the Bitcoin course goes through a difficult period.

The world of Bitcoin mining is simply extremely competitive.

Source: https://newsbit.nl/solo-miner-vindt-blok-en-verdient-371-000-aan-bitcoin/



Leave a Reply