{"id":28086,"date":"2024-08-30T18:00:30","date_gmt":"2024-08-30T15:00:30","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=28086"},"modified":"2024-08-30T13:22:52","modified_gmt":"2024-08-30T10:22:52","slug":"solo-bitcoin-miner-nets-200000-after-successfully-processing","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/solo-bitcoin-miner-nets-200000-after-successfully-processing\/","title":{"rendered":"Solo Bitcoin Miner Nets $200,000 After Successfully Processing Rare Block"},"content":{"rendered":"<p>Against all the odds, one lone <b>Bitcoin <\/b>miner has efficiently processed a block earning almost $200,000. Working via the Solo CK Pool, data from Mempool.space shows the miner solved block number 858,978 at 4:21 pm UTC. The miner received 3.27 BTC, worth $199,094 at current prices from 2,411 transactions in the block.<\/p>\n<p>Special in that it combines the hashrate of small miners and compensates the miner in charge of block solving only Here the Solo CK miner utilized 456 PH\/s of hashrate, a tiny 0.012% of the average network hashrate\u2014which as currently is 665 EH\/s. This makes the successful processing of a block by one miner quite rare, especially in a landscape dominated by big mining businesses like Riot Blockchain and Marathon Digital.<\/p>\n<p>The hashrate of <b>Bitcoin <\/b>peaked on July 23 at 754 EH\/s, highlighting the great challenge lone miners face. Despite these difficulties, the Solo CK Pool has solved 14 Bitcoin blocks in the last year, producing a total of 59.3 BTC, or almost $3.5 million at current prices.<\/p>\n<p>Just over 290 times out of the approximately 859,000 blocks created since Bitcoin&#8217;s inception 14 years ago is a single miner properly validating a block occurring. Earlier to this, on July 25, a single miner solved block 853,742 which rewarded about $210,000.<\/p>\n<p>Another individual miner saw the price of <b>Bitcoin <\/b>fall and invested the whole 6,25 BTC for solving a single block in March of 2023, despite the fact that it cost him around $150 000 back then. The last successful block validation by a solo miner proves the popularity and difficulties<\/p>\n<p><i><span style=\"font-weight: 400;\">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our <\/span><\/i><a href=\"https:\/\/t.me\/coinengineernews\"><i><span style=\"font-weight: 400;\">Telegram, <\/span><\/i><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\"><i><span style=\"font-weight: 400;\">YouTube<\/span><\/i><\/a><i><span style=\"font-weight: 400;\">, and <\/span><\/i><a href=\"https:\/\/twitter.com\/coinengineers\"><i><span style=\"font-weight: 400;\">Twitter<\/span><\/i><\/a><i><span style=\"font-weight: 400;\"> channels for the latest <\/span><\/i><a href=\"https:\/\/coinengineer.io\/news\/\"><i><span style=\"font-weight: 400;\">news<\/span><\/i><\/a><i><span style=\"font-weight: 400;\"> and updates.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Against all the odds, one lone Bitcoin miner has efficiently processed a block earning almost $200,000. Working via the Solo CK Pool, data from Mempool.space shows the miner solved block number 858,978 at 4:21 pm UTC. The miner received 3.27 BTC, worth $199,094 at current prices from 2,411 transactions in the block. Special in that<\/p>\n","protected":false},"author":6,"featured_media":17978,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,657,1],"tags":[61,307],"class_list":["post-28086","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-en","category-genel","tag-bitcoin","tag-bitcoin-mining"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Solo Bitcoin Miner Nets $200,000 After Successfully Processing Rare Block - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/solo-bitcoin-miner-nets-200000-after-successfully-processing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solo Bitcoin Miner Nets $200,000 After Successfully Processing Rare Block - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Against all the odds, one lone Bitcoin miner has efficiently processed a block earning almost $200,000. Working via the Solo CK Pool, data from Mempool.space shows the miner solved block number 858,978 at 4:21 pm UTC. The miner received 3.27 BTC, worth $199,094 at current prices from 2,411 transactions in the block. Special in that\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/solo-bitcoin-miner-nets-200000-after-successfully-processing\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-30T15:00:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-30T10:22:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/04\/YBGBAX5GA5NTHDPPFOT6R27WAI-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1682\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/solo-bitcoin-miner-nets-200000-after-successfully-processing\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/solo-bitcoin-miner-nets-200000-after-successfully-processing\/\",\"name\":\"Solo Bitcoin Miner Nets $200,000 After Successfully Processing Rare Block - 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