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#GateSquareAprilPostingChallenge In the world of Bitcoin, now filled with mining giants bringing in billions of dollars, small miners can still—unlikely as it may be—find blocks. Recently, a solo miner managed to earn $210,000 worth of BTC. This person hit the odds of 1 in 28,000.
In the past, the Bitcoin mining industry, where users tried to collect rewards through their laptops, has still at times been able to bring smaller miners big gains.
Today, in this massive industry where billion-dollar players mine thousands of Bitcoins and can sell many of them for new investments in a blink, one individual recently managed to win a $210,000 BTC reward.
By mining through CKPool, which provides infrastructure for solo miners, this person found the 943,411th block and managed to claim the 3.12 BTC reward. The miner also earned a transaction fee worth $930, amounting to 0.014 BTC.
As is known, mining pools typically distribute the rewards they receive to miners fairly according to their hash power. Companies like CKPool, which provide infrastructure for individual miners, however, give the reward directly to whoever wins after the commission is deducted.
Experts said that, judging by the figures of the device that won this reward, it was a mining activity carried out on a machine running alone at home rather than cloud mining.
With a hash power of 230 terahashes per second, this device corresponds to 0.000002% of Bitcoin’s total hashrate.
NOT INVESTMENT ADVICE
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