USD/MDL - 17.96 ▲ 0
EUR/MDL - 20.07 ▲ 0
VMS_91 - 3.03%
VMS_364 - 9.54%
BONDS_2Y - 7.40%
SP500 - 735.29 ▲ 0.31%
GOLD - 4055.57 ▼ 0.31%
SILVER - 51.62 ▼ 0.6%
EURUSD - 1.12 ▲ 0%
BRENT - 123.93 ▲ 8.56%
GAS - 2.99 ▲ 1.36%
Advertisement

A solo miner mined a Bitcoin block and received $238,000.

An unknown solo miner mined block 974,893 on the Bitcoin network and received a reward of 3.1335 BTC (approximately $238,000). Con Kolivas, the developer and administrator of the CKPool, boasted about this achievement.
Igor Fomin Igor Fomin Reading time: 1 minute
Text size
Link copied
mining

According to Kolivas, of the total reward of 3.125 BTC, the block reward accounted for 3.125 BTC, whilst a further 0.0085 BTC comprised fees for the 3,955 transactions included in the block, reports Bits.media.

The solo miner’s hashrate was around 581 Tx/s, whilst the ‘main worker’ used to find the block provided 564 Tx/s, the pool administrator explained.

He estimated the probability of such a success for a solo miner with this hashrate at roughly one in 35 over the course of a year.

This is the 319th block mined independently by a pool member since the service was launched.

CKPool requires miners to operate in solo mode. Unlike traditional mining pools, rewards here are not distributed among participants in proportion to their computing power. The reward goes to the miner who finds the block, minus the service’s 2 per cent commission.

This story was translated with the assistance of artificial intelligence.


How did this story make you feel?

Comments

0

No comments yet. You can start the conversation.

Comments are open to readers with a Logos Press account.

Sign in to comment

Related*
More from author*

We always appreciate your feedback!

Latest news
Popular now*
Logos Press Exclusive
8 November 2026
Logos Press Exclusive
8 November 2026
Must Read*