• A solo Bitcoin miner beat the chances of fixing block 793607 and received a 6.25 BTC block reward.
• This miner was reportedly utilizing an Antminer S9 with about 17 TH.
• At in the present day’s Bitcoin mining problem and 17 TH, it takes a mean of 450 years for a single miner to land a block.

With bitcoin’s value struggling beneath $26,000 and your complete cryptocurrency market affected by current regulatory ramifications, there are few voices of help for bitcoiners.

Nonetheless, for solo BTC miners, a stroke of luck allowed them to win the block reward and win gold. In keeping with on-chain information, the miner beat the staggering odds to mine block 793607 and received 6.25 BTC block reward.

BTC Miner with Single Antminer S9 Wins Jackpot

This solo miner reportedly used a single Antminer S9 to file simply 17 terahashes (TH), a once-in-a-lifetime feat. Their “lottery” prize was value about $160,000 on the time of the block reward.

“Congrats to miner 151XTfHBfaDqoNWGGeYobNX2YzFFWuB5YD who solved the 275th block on http://solo.ckpool.org simply ~17TH! That is most likely a single S9 miner. A miner of this dimension solves a block solely about as soon as each 450 years on common.,” tweeted Con Kolivas, CGMiner Software program Engineer and Solo CKPool Administrator.

It is not the primary time a solo miner has hit such a giant jackpot, and CKPool has revealed Seven That is the primary such instance since January. Nonetheless, as Bitcoin hashrate and mining problem enhance, this feat turns into increasingly more tough.

In keeping with information from Blockchain.com, the present Bitcoin mining problem is 51.23 trillion hashes. Mining problem signifies how tough it’s to mine the following block, i.e. what number of hashes a miner should generate to search out and resolve a legitimate block. The present problem is at an all-time excessive, with most blocks being solved by main mining swimming pools and corporations.

Issue will likely be adjusted each 2016 block (roughly 2 weeks) and will go up or down. Within the subsequent adjustment, anticipated on June 14th, the issue will enhance by roughly 2.92% to 52.73 T.