Another solo miner nets a Bitcoin block.

On October 29, a solo miner with a hardware hashrate of 11 PH/s mined block #814,308 in the Bitcoin blockchain, according to CKPool administrator Con Kolivas.

Congratulations to miner 3KCykmdpBpNKTtZJAvp3u2N2EQjGzbUF7c with ~11PH for solving the 278th solo block on https://t.co/UWgBvLkDqchttps://t.co/tsNwRwywKD pic.twitter.com/DAuZaC5rjD

— Dr. Con Kolivas (@ckpooldev) October 29, 2023

According to BTC.com, the user received a reward of 6.25 BTC ($217,546 at the time of writing) and fees of 0.09 BTC.

According to Glassnode, the network hashrate at the time stood at 445.4 EH/s (the seven-day smoothed moving average).

“With that hashrate, it’s almost certainly rented power,” said Kolivas.

With that hashrate it’s almost certainly rented hash.

— Dr. Con Kolivas (@ckpooldev) October 29, 2023

In March, another solo miner turned on a block in the Bitcoin network with a hashrate of 6.7 PH.

Earlier, a user with a hashrate of only 10 TH/s mined a block of the first cryptocurrency. His share of the network’s total hashing power was 0.000000036%.