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Solo Miner Earns $372,773 for Bitcoin Block Discovery

Solo Miner Earns $372,773 for Bitcoin Block Discovery

On the night of July 27, a solo miner independently mined block #907,283 on the Bitcoin network, earning 3.154 BTC (~$372,773) in rewards and fees.

The participant used the CKpool platform. According to mempool.space, the block contained 4,090 transactions. 

Solo miner earns $372,773 for mined Bitcoin block
Source: mempool.space. 

CKPool administrator Con Kolivas noted that the miner was using equipment with a hash rate of 49 TH/s. The likelihood of such an event is approximately 1 in 130,000 per day.

Despite the increasing difficulty of mining reaching record levels, solo miners still occasionally manage to include blocks. On June 5, a solo participant mined block #899,826, earning a reward of 3.151 BTC ($330,386 at the time).

On July 4, another user managed to earn 3.173 BTC ($348,948) for confirming block #903,883.

On July 26, following the latest recalculation, Bitcoin mining difficulty increased by 1.07% to a record high of 127.62 T.

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