2 years ago
A solo Ethereum miner has conscionable gotten what could beryllium described arsenic the fortunate interruption of a beingness aft mining a azygous ethereum artifact that netted them a reward that ran into the hundreds of thousands of dollars. While ethereum’s mining trouble is not arsenic precocious compared to bitcoin, it is inactive a difficult, vigor and computationally intensive process that discourages the mean person.
However, a batch of solo miners stay successful the ethereum ecosystem and proceed to marque a nett from their mining activities. Although not each of the miners get to excavation a azygous artifact that delivers a reward with life-changing money. Such is the lawsuit of the solo miner successful this study aft solving a artifact that netted them astir 170 ETH successful rewards.
Ethereum Miner Gets Over $500K Reward
A study from BeInCrypto outlined the enactment of a solo ethereum miner that saw an unthinkable artifact reward spell to the miner. The miner who had recovered a artifact and past proceeded to excavation it independently got a full of 170.65 ETH successful rewards for this. The worth of the ETH astatine the clip it was rewarded was astir $540,000 successful rewards which went to this miner.
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Compared to the mean reward per artifact mined successful ethereum which is astir $13,000, this is nary uncertainty an awesome triumph for the miner, who has received what is nary uncertainty 1 of the highest artifact rewards connected the network.
Mined connected Monday January 17th, the miner got the spoils of their triumph successful a artifact that contained 236 transactions, each mined by a solo miner successful astir 9 seconds. Finding and mining a artifact similar this connected the ethereum web is hard and grows progressively harder arsenic much miners acceptable up operations. Finding 1 with a artifact reward of much than 170 ETH is adjacent much unlikely, making this akin to winning the lottery connected the portion of the miner.
Following With Bitcoin
Although it tin beryllium hard for a solo miner to find and excavation blocks each by themselves, receiving the afloat reward, it is not unheard of that small-time miners person claimed specified coveted reports. This happens crossed assorted blockchains and ethereum is nary exception.
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Bitcoin, which features arguably 1 of the highest mining difficulties, has seen events similar these instrumentality place. Last week, Bitcoinist reported that a small-time bitcoin miner had beaten the likelihood to excavation a artifact each by themselves. This netted them the full artifact reward of 6.25 BTC, arsenic good arsenic the transaction reward. In total, the miner made implicit $267,000 from that azygous artifact mined.
The aforesaid had besides occurred a twelvemonth anterior wherever Dr. Kolivas, a bundle technologist that helped make the CGMiner, recalled that a small-time miner with a debased hash complaint had besides been capable to excavation a artifact by themselves and received the afloat artifact reward.
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