A solo Bitcoin miner has successfully solved a valid Bitcoin block, winning the jackpot of 3.125 Bitcoin (BTC) after halving.
200,000 in rewards
The solo miner cleaned up around $200,000 in rewards for validating block 841,286. This is a considerable reward, as it represents a 50% increase on the previous block reward of 6.25 BTC.
A rare feat
This success is rare, as solo Bitcoin miners usually have to work together to solve a block, as the computing power required to solve a block is very high. However, in this case, the solo miner managed to solve the block alone, which is a rare feat in the cryptocurrency world.
The role of ckpool
The solo miner used the ckpool solo mining pool, which is a platform that allows miners to mine Bitcoin independently. The developer of ckpool, Con Kolivas, posted on X that the miner had successfully solved the block.
The halving context
The halving of the block reward, which took place on May 11, 2024, has led to an increase in the difficulty of mining for Bitcoin miners. This means that miners now have to work harder to solve a block, making the solo miner’s feat even more impressive.
Conclusion
A solo Bitcoin miner has solved a valid Bitcoin block, winning the jackpot of 3.125 Bitcoin (BTC) after halving. This rare achievement demonstrates that even after halving the block reward, it’s still possible to mine Bitcoin independently and receive significant rewards.
