Unknown Bitcoin miner mines a block — probability of such an event is less than 0.0001%

On January 11, an unknown Bitcoin miner with a hash power of 126 TH/s mined block 718,124 on the blockchain. This was confirmed by the administrator of the CKPool pool to which the hardware was connected.

Congratulations to a bitcoin miner with only 126TH who solved a solo block on https://t.co/UWgBvLBGsc see: https://t.co/JUMEFaYKfo

— Dr. Con Kolivas (@ckpooldev) January 11, 2022

The miner received the protocol-mandated reward of 6.25 BTC (more than $266,000 at the time of writing).

The probability of success at the current Bitcoin hash rate was less than 0.0001%.

The miner’s share of the total network hash rate stood at just 0.000073%, with the network hash rate exceeding 170 EH/s.

According to The Block, the miner owes CKPool 2% (0.125 BTC). He also earned a reward in the form of user-paid fees totaling about 0.1 BTC.

In January, Block (formerly Square) of Jack Dorsey opened vacancies in teams developing a ‘next-generation’ ASIC miner and a hardware wallet ‘for the next 100 million Bitcoin users’.

Earlier, experts doubted the possibility of earning $800 a month from Ethereum mining via Tesla.

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