Solo Bitcoin Miner Strikes Gold with $371,000 Block Reward
Solo Miner Success: A solo miner successfully mined Bitcoin block 910,440, earning a payout of 3.137 BTC (approximately $371,000), through the Solo CK pool.
Challenges for Solo Miners: Despite advancements in mining hardware, solo miners face slim odds against large industrial operations, with a miner having only a 1 in 650,000 chance of solving a block with one petahash of hashpower.
Recent Solo Mining Wins: This year has seen several solo miners achieve success, including notable payouts of $350,000 and $373,000 on July 4 and July 27, respectively.
Impact of Network Difficulty: Rising Bitcoin network difficulty is affecting both solo and professional miners, prompting larger companies to diversify into artificial intelligence and high-performance computing to remain competitive.
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