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Another Solo Bitcoin Miner Hits the Jackpot, Scoring $225K BTC Reward
A solo Bitcoin miner scored a major victory on Thursday, earning a BTC reward valued at more than $225,000 after solving a Bitcoin block. The block win came just a week after the last reported solo score, showing that individual miners can still succeed despite very long odds. The miner had roughly 0.001% odds of achieving the feat based on their mining hash power of 70TH, the amount of computational power they deployed attempting to solve a Bitcoin block. At that level, the solo miner’s computational power represented just 0.00000667% of the entire Bitcoin network. “A miner of this size has only a 1 in ~100,000 ... (full story)