November 24, 2024

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Solo Bitcoin miner defies odds to mine valid BTC block, gets $150K block reward

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Solo Bitcoin miner defies odds to mine valid BTC block, gets 0K block reward

A solo Bitcoin miner has managed to mine the 780,112th block in the Bitcoin blockchain, receiving a 6.25 Bitcoin (

Thus, a valid block hash is often produced using the computational power of multiple mining rigs, all trying to mine the next block. The block reward is distributed according to the input hash rate of each miner in the mining pool.

The Solo CK mining pool has been behind several solo-mined Bitcoin blocks in the past as well. Two of these solo-mined blocks came in January 2022, only two weeks apart, with the first occurring on Jan. 11, 2022, at a block height of 718,124, followed by another on Jan. 24, at a block height of 720,175.