• Latest
  • Trending

‘Very Lucky’ Solo Miner Solves Bitcoin Block for $148K Reward

March 13, 2023

Ethereum [ETH]: Investors return to L2 bridges; zKSync, StarkNet addresses swell

March 21, 2023

Ethereum [ETH]: Assessing if sliding fees can hasten relay to $2k

March 21, 2023

Bitcoin rally is ‘pure gravy’ for miners finally seeing a light at the end of the tunnel

March 21, 2023

Core Scientific Bankruptcy Judge Approves Transfer of Over $20M of Equipment to Its Exclusive Energy Negotiator

March 20, 2023

BAYC: Of social spikes, struggling ranks, and plunging floor prices

March 20, 2023

I asked ChatGPT Ethereum’s price prediction after Shanghai and its response was…

March 19, 2023

Ethereum (ETH) Price Prediction 2025-2030: What ETH short-sellers should expect

March 19, 2023

Several Crypto Mining Operations Busted in Russia

March 19, 2023

Bitcoin Mining Firms Among Best Risk-Off Sectors Moving Forward

March 19, 2023

Will Ethereum [ETH] bulls continue dominating the market next week

March 18, 2023

Ethereum hits six-month high as sharks, whales play dump and catch

March 18, 2023

Shanghai upgrade gets a launch date; ETH stakers heave a sigh of relief

March 17, 2023
Retail
Tuesday, March 21, 2023
  • Home
  • Learn About Crypto

    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Best Crypto Exchange Affiliate Programs in 2023

    What does Crypto Index fund Means and How to Invest?

    Who Will Reach $1 First In 2023?

    5 Best New BSC Cryptocurrencies To Invest In 2023

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

  • Bitcoin

    Bitcoin Balance On Exchanges Soars, BTC Price Displays Weakness

    Bitcoin’s $18k Level Probably Constitutes a Bottom and Will be Retested, says Bitmex’s Hayes

    Twitter Posts $270M Q2 Loss, Blames Weak Ad Market and Uncertain $44b Elon Musk Deal

    California Approves Major Bitcoin Regulation As BTC Looks At $28K

    Bitcoin Mining Made Easier, Could This Be A Game Changer

    Funding Rates Return To Neutral Following Bitcoin Relief Rally

    Bitcoin NUPL Shows Average Holder Back In Profit, But For How Long?

    Bitcoin Miner Revenues Continue To Plunge, But Will The Rally Change This?

    Former Coinbase Employee Charged With Insider Trading for Tipping Off Brother and Friend on New Crypto Listings

  • Ethereum

    Ethereum [ETH]: Investors return to L2 bridges; zKSync, StarkNet addresses swell

    Ethereum [ETH]: Assessing if sliding fees can hasten relay to $2k

    BAYC: Of social spikes, struggling ranks, and plunging floor prices

    I asked ChatGPT Ethereum’s price prediction after Shanghai and its response was…

    Ethereum (ETH) Price Prediction 2025-2030: What ETH short-sellers should expect

    Will Ethereum [ETH] bulls continue dominating the market next week

    Ethereum hits six-month high as sharks, whales play dump and catch

    Shanghai upgrade gets a launch date; ETH stakers heave a sigh of relief

    Ethereum can look forward to this ‘stress test’ as Shanghai looms ahead

  • NFT

    Meta Shuts Down NFT Project to Focus on FinTech and Content

    Solana’s Solend V2 Release, Is SOL Price $50 Next?

    Amazon NFT Marketplace To Reportedly Launch Next Month

    How a Price Battle Between Two Heavyweight NFT Exchanges is Pumping Prices

    New Crypto Startup Enables Users to Send NFTs Using Phone Numbers – Is This The Future of NFTs?

    Binance’s AI NFT Generator Gets Flooded with Requests Hours After Launch – Here’s How it Works

    Blur Coin Under Fire As Allegations Of Wash Trading Emerge

    Casper Labs’ Collab with Google Cloud, Yuga Labs’ Experimental Collection, Robinhood’s Subpoena, Trezor’s Silicon Chips, UAE’s Digital Asset Companies Free Zone

    Yuga Labs Launches A New NFT Collection on Bitcoin Network

  • Altcoins

    What’s in store for BAT holders- Resistance zone or sell-pressure

    Decoding the reason behind falling cryptocurrency related stocks

    ZCash: Amid a bearish divergence, here’s where you can expect a pullback

    Payments Firm Stripe Adds Crypto Support For Twitter

    TRON at a pocket of demand; should investors take profit or HODL

    Top Privacy Coins Blaze Past Bitcoin This Week, Here’s Why

    THETA, Terra, FTX Token Price Analysis: 22 April

    Tron (TRX) Is Pumping Amid A Crypto Crash, Here’s Why

    Report: With over $47 billion in ‘realized’ crypto gains, this nation leads the pack

  • Mining

    Bitcoin rally is ‘pure gravy’ for miners finally seeing a light at the end of the tunnel

    Core Scientific Bankruptcy Judge Approves Transfer of Over $20M of Equipment to Its Exclusive Energy Negotiator

    Several Crypto Mining Operations Busted in Russia

    Bitcoin Mining Firms Among Best Risk-Off Sectors Moving Forward

    Bitcoin miner Marathon sees Q4 revenue decline 58% to $28.4 million

    Kaspa (KAS) Has Tied with Ethereum Classic (ETC) Among HiveOS Miners

    New Cloud Mining Products Launched (2023-03-16)

    Luxor Launches First Antminer Firmware Made In The U.S.

    Bitcoin Miner Stocks Surge Amidst Banking Meltdown

  • Financial News

    Inflation Could Squeeze Dollar Stores, Too

    Dollar General, Occidental Petroleum, Guess and more

    Courtroom Drama Clouds Post-Covid-19 Recovery for Regal Cinemas’ Owner

    Mortgage Rates Top 4% for the First Time Since 2019

    Dollar General, Accenture, Warby Parker and others

    China’s Housing Market Needs More Than Talk From Beijing

    Warren Buffett scoops up another $1 billion in Occidental shares, bringing total stake to $7 billion

    Netflix Will Be Sticking to Its Script

    New Gig Surcharges Are Hardly a Gas

  • Market Cap
No Result
View All Result
What's Up Market
No Result
View All Result

‘Very Lucky’ Solo Miner Solves Bitcoin Block for $148K Reward

March 13, 2023
in Mining
0 0
0


Mining


A solo Bitcoin miner was rewarded for including block 780,112 to Bitcoin’s blockchain, beating the chances as numerous others raced towards the identical objective.

The miner used the Solo CK Pool mining service to determine a solo mining pool, the place they produced a legitimate hash for the block and acquired a reward of 6.25 BTC and a price reward of round 0.63 BTC—value about $148,000—based on BTC.com’s Bitcoin explorer.

YOU MAY ALSO LIKE

Bitcoin rally is ‘pure gravy’ for miners finally seeing a light at the end of the tunnel

Core Scientific Bankruptcy Judge Approves Transfer of Over $20M of Equipment to Its Exclusive Energy Negotiator

A Twitter person identified how fortunate the solo miner was to provide the legitimate hash, saying it could sometimes take a miner for much longer to create a legitimate transaction given the restricted computing energy they used.

“A miner of this measurement will clear up a block on common about as soon as each 10 months,” Twitter person @ckpooldev acknowledged. “They’ve solely been mining solo for the final 2 days so has been very fortunate.”

Congratulations to miner39nDQ9BexEBXpRdkHY1z95CaMDEwh6muPW who solved the 270th solo block at https://t.co/UWgBvLkDqc with 6.7PH however would not seem to have been mining for very lengthy https://t.co/WGVBC3QajX

— Dr. Con Kolivas (@ckpooldev) March 10, 2023

The miner labored with a median hashing energy of 6.7 PH/s (petahashes per second), based on @ckpooldev. Across the time that the block was added, Bitcoin’s complete hash price was round 308,262 PH/s, which means the solo miner’s 6.7 PH/s hash price represented roughly 0.002% of the blockchain’s complete computational energy.

An account on the Bitcoin discussion board bitcointalk.org stepped ahead to assert accountability for producing the legitimate hash, saying he rented additional energy for lower than a day utilizing a service referred to as nicehash.

“Certainly, it’s a nice luck to catch a block with such a hashrate,” the person titled Pineconeeee acknowledged on the discussion board. “In lower than a day, luck smiled on me.”

The solo miner, who mentioned they’re from Russia, defined that they sometimes use a computing energy of round 270 TH/s (terahashes per second) however rented 5 PH/s (petahashes per second) value of energy final Thursday, based on his put up.

The block mined by the solo miner contained 3,220 transactions that consisted of round 16,940 value of Bitcoin quantity.

So as to add a block to a proof-of-work community like Bitcoin, miners repeatedly run calculations to find a legitimate hash for the block, utilizing a course of akin to computational brute pressure.

Today, a majority of latest blocks which can be added to Bitcoin’s blockchain are mined by way of mining swimming pools, the place miners pool collectively their computing energy to extend their possibilities of creating a legitimate hash.

Technically, it’s attainable for a Bitcoin miner to get fortunate now and again and produce a legitimate hash on their very own, regardless of the competitors of different computer systems racing to calculate a legitimate hash for the following block on Bitcoin’s community.

In line with BTC.com, the biggest mining pool on this planet is presently Foundry USA, a mining pool that contains round 34% of the overall hashrate on Bitcoin’s community over the previous day. The mining pool’s hashrate is round 107 EH/s (exahashes per second)—round 15,970 instances extra highly effective than the solo miner.


Source link

Tags: 148KBitcoinBlockLuckyminerrewardSolosolves
ShareTweetShare

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result

Recent News

Ethereum [ETH]: Investors return to L2 bridges; zKSync, StarkNet addresses swell

March 21, 2023

Ethereum [ETH]: Assessing if sliding fees can hasten relay to $2k

March 21, 2023

Bitcoin rally is ‘pure gravy’ for miners finally seeing a light at the end of the tunnel

March 21, 2023

About Us

The website strives to educate individuals in making wise choices about Cryptocurrencies, Mining, Financial Market, and more.

Recent News

  • Ethereum [ETH]: Investors return to L2 bridges; zKSync, StarkNet addresses swell
  • Ethereum [ETH]: Assessing if sliding fees can hasten relay to $2k
  • Bitcoin rally is ‘pure gravy’ for miners finally seeing a light at the end of the tunnel

Newsletter

  • Contact
  • Terms & Conditions
  • Privacy Policy

© 2022 whatsupmarket - All rights reserved

No Result
View All Result
  • Home
  • Learn About Crypto
  • Bitcoin
  • Ethereum
  • NFT
  • Altcoins
  • Mining
  • Financial News
  • Market Cap

© 2022 whatsupmarket - All rights reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003679-6.88%
  • lympoLympo(LYM)$0.004392-4.43%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • Dev ProtocolDev Protocol(DEV)$1.76-16.14%
  • B-cube.aiB-cube.ai(BCUBE)$0.183336-4.61%
  • Shard CoinShard Coin(SHARD)$0.216756-21.17%
  • Finance VoteFinance Vote(FVT)$0.007875-2.41%
  • Value DeFiValue DeFi(VALUE)$0.554.96%
  • B20B20(B20)$0.4507925.62%