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Bitcoin miner beats 1 in 1.3 million odds to mine a BTC block
A solo bitcoin (BTC) miner with only 126 terahashes per second (TH/s) of computing power has become the unlikely winner of a block race on the Bitcoin network. By successfully mining block 718,124, the lucky miner secured the 6.25 BTC block reward, which is about $260,000 at the current bitcoin price. With only 126 TH/s in computing power, the lucky miner controlled only 0.000073% of the total bitcoin hash rate, which is over 170 exahashes per second (EH/s). 1 EH/s is equal to 1 million TH/s. As such, the miner only had a 1-in-1.36 million chance of ever successfully finding a block. All of the major bitcoin mining ... (full story)
