Another solo Bitcoin miner solves valid block, making it fourth in 2022

Hopium is backmost connected the paper for solo Bitcoin (BTC) miners. A circa $240,000 reward, oregon 6.25 BTC, was generated by yet different solo miner this morning. 

This time, the likelihood were little than 20%, according to Con Kolivas, a Bitcoin bundle technologist and head for ckpool, whose sanction takes his initials. It’s the fourth “blockfind” for the ckpool since Jan. 11. 

Kolivas tweeted his congratulations to the miner who joins the ranks of the fewer and fortunate palmy solo BTC miners.

Congratulations to a miner with 1.14PH who solved the 264th solo Bitcoin artifact astatine https://t.co/UWgBvLkDqc ! https://t.co/5BsWlYkYJt There was erstwhile again ~20% accidental that 1 of the miners astatine the excavation would person solved a artifact by now. pic.twitter.com/NrlAbhhKCk

— Dr. Con Kolivas (@ckpooldev) February 1, 2022

The plucky miner belongs to the Solo ckpool, the work that offers anonymous solo Bitcoin mining with a fee. At 1.14 petahashes per 2nd (PH/s), the miner is considered a ‘whale’ miner, with a sizeable hash complaint for 1 azygous entity.

A caller BTC artifact is solved astir each 10 minutes by miners competing against the full bitcoin web hashrate. By mode of comparison, United States Bitcoin miners Foundry are presently the largest contributors to the web hash rate, with 33,803 PH/s.

One Twitter idiosyncratic estimated that portion 1.14PH/s is simply a lot, it is inactive little than a country afloat of S19s, the flagship mining merchandise by Antminer.

Related: Bitcoin miners judge planetary hash complaint to turn ‘aggressively’

The ckpool has taken the mining satellite by tempest recently. A Bitcoin miner with a tiny hash complaint of conscionable 126 terahashes per 2nd (TH/s)–possibly a azygous S19 machine–solved a valid artifact connected January 12th. Two weeks later, different underdog with a specified 86 TH/s achieved the improbable by solving different valid block.

Over the people of the Bitcoin blockchain’s existence, 264 blocks oregon 0.037% of the circa 721,240 blocks were solved by ck’s solo Bitcoin miners. While the likelihood are intelligibly against the soloists, they proceed to astonishment and delight Bitcoiners.