Bitcoin (BTC) has experienced volatile price fluctuations in recent days, but Bitcoin miners have achieved great success.
According to the data, individual Bitcoin miners were able to earn block rewards on their own, despite extremely low odds.
According to this, a Bitcoin miner used CKpool to mine alone and mined block number 927,474, obtaining a total of 3,133 Bitcoins. At current prices, this equates to $289,380.
This revenue consists of a 3.125 BTC block subsidy reward ($283,944) and a transaction fee of 0.008 BTC ($689).
CKpool developer Con Kolivas made the following post from his X account.
“Congratulations to miner 1Ng9~VoQz for solving solo block 311 on solo.ckpool.org!”
The chance of a miner of this size solving a block in a day is 1 in 30,000.
A situation like this, if it ever occurs, may only occur once every 82 years.
Small-scale (individual) miners often prefer to profit by participating in shared mining pools that offer stable rewards, while others take the risk of attempting to mine alone in hopes of winning the reward of an entire block, like winning the lottery.
Bitcoin blocks are generated approximately every 10 minutes and are typically mined by the mining pool that is most likely to receive a block reward. Following the halving event earlier this year, the reward for successfully mining a block is now 3,125 Bitcoins.
*This is not investment advice.
