Lone Bitcoin miner gains USD reward for $ 330,000.

By Hannah Pérez

A single Bitcoin miner beat the statistics when he managed to extract a valid block and take the 3.125 BTC reward plus an additional commission, putting down just over USD $ 330,000 in BTC.

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• A single Bitcoin miner beat the probabilities when he extracted a valid block on Thursday
• The miner increased its computing power to improve its chances of winning
• Less than 300 miners in the history of Bitcoin have achieved the lonely feat

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An extremely unusual event occurred this Thursday, when a lonely miner of Bitcoin He successfully extracted a block from the network, taking a reward of more than USD $ 300,000 in the cryptocurrency.

The mysterious miner He demanded 3.15 BTC in particular, for an approximate value of USD $ 330,386after extracting block 899,826, according to explorer data from Bitcoin, Mempol. The gain was divided between the fixed rate of 3,125 BTC subsidy due to block extraction, plus 0.026 BTC in additional rates.

The event challenged the probabilities, since the miner operated under the solo mining configuration of the mining software supplier CKPOOLas observers noticed on social networks.

“Congratulations to the Minero BC1QA8R4UP9CHKVDNHCF9FEEXV2JFAntrK48EF374 that recently increased the hashracate to solve block 300 resolved in alone.ckpool.org!”, He wrote with Kolivas, the developer of CKPOOLin a message in X.

The feat is remarkable because extracting a valid block solo is an extremely rare event, similar to winning the lottery. It is also especially complex due to the current high levels of mining difficulty in the network Bitcoin.

An extraordinary feat of Bitcoin Mining

The mining of Bitcoin, A process that consists of verifying and adding new blocks to the block chain, involves machines with high computing power that compete to solve complex mathematical calculations. The first miner to find a hash Valid, the reward is taken –which was set at 3,125 BTC per block after the last halving.

To reach a valid hash, miners must compete against the rate of hash and the level of hindering the entire network. Miners usually act in groups (also called swimming pools) and join forces with other miners in order to be more likely to extract a valid block. If this occurs, divide the profits among the participants.

As more miners bind to the network, the general difficulty increases, which makes it more complex for solitary miners to find valid blocks. Basically the more Hashes For the second, you can perform a miner, (that is, when more computing power), it is more likely that you find a valid block and take the reward.

The largest mining operations, which are the ones that represent the greatest mining power of the network, usually consist of at least several hundred or thousands of equipment simultaneously connected to get a block.

The miner increased its computing power to win

The lucky miner of CKPOOL He won the block just after increasing his computing power, he noticed Kolivas

The miner operated with a weekly hash rate of 6.11 pH/s, but raised its computing power up to 261 pH/s to extract the block. This suggests that the miner alone probably rented an additional hash rate to improve its chances of winning the block reward, as noted by the news media The Block.

“This hash rate was almost certain that it was a rent based on the fact that there was only one worker, although the account has been undermining for a while with a much lower hash.“Kolivas said.

The average transaction rate in block 899,826 was around $ 0.29, with an average rate rate of about 2 satoshis per virtual byte (SAT/VB). Meanwhile, the mining difficulty of Bitcoin reached a new historical maximum of 126.98 billion on June 1, according to data from Blockchain.comwhich suggests greater competitiveness of miners in the network.

Although it is extremely rare, it is not the first time that a lonely miner achieves the feat of extracting a block from Bitcoin. Last May, shortly after the halving, an operator succeeded, and later in October he also achieved the feat. It is estimated that less than 300 miners in the history of Bitcoin They have achieved the lonely feat.

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Hannah Estefanía Pérez / Diariobitcoin

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