in

Another solo miner has mined a Bitcoin block.

On April 5, a solo miner with a hash rate of 7 PH/s contributed block #837,814 to the blockchain of the primary cryptocurrency. This was reported by CKPool administrator Con Kolivas.

According to BTC.com, the user received a reward of 6.25 BTC (approximately $422,750 at the time of writing) and a 0.01 BTC fee.

As per Glassnode, the network’s computational power on April 4 was 598.1 EH/s (smoothed seven-day moving average). The CKPool administrator has previously reported similar occurrences. For instance, in October 2023, a solo miner contributed a block to the Bitcoin network with a hash rate of 11 PH/s, and in May, another fortunate individual earned $177,115 from block mining. Recall that at the end of March 2024, the mining difficulty of the primary cryptocurrency decreased by 0.97%, reaching a level of 83.13 T.”

What do you think?

157 Points
Upvote Downvote