A solo Bitcoin miner successfully mined an entire Bitcoin block on December 18, after renting hashpower through the NiceHash marketplace, according to blockchain data.
Per ETH News, the miner discovered Bitcoin (BTC) block 928,351, earning the standard block subsidy plus transaction fees. The total payout reached approximately $271,000 from an initial investment of $86 in rented hashpower, according to data from the mining event.
The block was mined outside of a major mining pool, meaning the entire reward went to the individual miner rather than being distributed among pool participants, blockchain records show.
Bitcoin’s network hashrate is dominated by large-scale industrial mining operations using specialized hardware in extensive facilities. The probability of a solo miner finding a block, particularly when using rented hashpower, remains extremely low given current network difficulty levels.
Read more: crypto.news
Source: CRYPTO WORLD NETWORK NEWS
