Another solo miner mines a Bitcoin block with a 0.0001% probability

On January 13, an unknown Bitcoin miner with a hashrate of 116 TH/s mined block 718 379 in the blockchain. This was reported by Con Kolivas, administrator of CKPool, to which the devices are connected.

Congratulations to yet another small miner solving a block solo with only 116TH on https://t.co/UWgBvLkDqc ! They haven’t even been mining a week with this hashrate! https://t.co/VSyyDUFQY9

— Dr. Con Kolivas (@ckpooldev) January 13, 2022

According to Kolivas, the miner had joined the pool just two days earlier. He noted that, given the hashrate, CKPool’s chance of finding a new block was 1 in 20, while for the individual user the probability was much lower — 1 in 6,000.

On Twitter, some suggested that the Bitcoin code contains an internal bias in favour of individual miners. Kolivas refuted this hypothesis.

Ultimately all big miners are made up of thousands of individual miners, so alas not. Also, the long term history of https://t.co/UWgBvLkDqc shows no more luck than average compared to any other pool.

— Dr. Con Kolivas (@ckpooldev) January 13, 2022

Ultimately all big miners are made up of thousands of individual miners, so alas not. Also, in CKPool’s long history it has, on average, been no more successful than any other pool,

— he wrote.

Back on January 11, mined a Bitcoin block, receiving the protocol-mandated reward of 6.25 BTC. His equipment is also connected to CKPool.

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