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Uyen Nguyen
@uyennguyen
Lucky solo bitcoin miner beats the odds to win $350,000 block reward A solo bitcoin miner beat substantial odds to solve a block and take home the full subsidy and transaction fee reward late Thursday. "Congratulations to miner bc1q~9sj3 with 2.3PH for solving block number 301 on the EU solo.ckpool.org!" CKpool developer Con Kolivas posted on X. "A miner of this size has about a 1 in 2,800 chance of solving a block every day, or once every 8 years on average." The solo miner's hashpower is the equivalent of 0.00026% of the Bitcoin network's total estimated hashrate of 874 EH/s (874,000 PH/s) on July 3, per Mempool's data. Leading public bitcoin miner, MARA, has a hashrate of approximately 57.3 EH/s, according to its latest disclosure. Bitcoin's hashrate measures the total computational power dedicated to the network by miners.
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