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Solo Bitcoin Miner Nabs $200K After Renting $75 Worth of Hash Power

From decrypt.co

A Bitcoin miner that rented $75 of mining power defied the odds by finding a solo block reward, earning more than 3.1 BTC worth around $200,000 early Tuesday. The individual rented the minimum 1 Petahash/s (PH) of hash power via Braiins hash power marketplace, which allows users to rent Bitcoin mining capacity directly from the company without needing to install or operate any physical hardware themselves. Based on the current hash rate of the Bitcoin network, at that mining capacity, a success would only occur approximately every 1 out of 1.1 million blocks, or about 21 years’ worth of mining, according to estimates ... (full story)

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