Solo Bitcoin Miner Hits the Jackpot, Earning $199,000 Reward

Quick Summary:

This rare achievement shows how surprising Bitcoin mining can be, especially for solo miners competing against big mining companies.

The miner achieved this with a significant hash rate of approximately 456 petahashes per second (PH/s).

Since Bitcoin was created 15 years ago, only 290 out of the nearly 859,000 blocks have been mined by solo miners.

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Article Details

Author / Journalist: Mustafa Mulla

Category: Crypto

Markets: United States

Topics: Solo Miner Mining Hash Crypto Blockchain Bitcoin Block Rate Been Reward

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-30 @ 05:59:17 (2 days ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 304 words

Reading Time: 2 minutes read

Sentences: 26 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 22304696

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 3 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #112

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