A solo Bitcoin miner using a Bitaxe ASIC machine with roughly 1 TH/s of hashrate mined block 957,382 and took the full 3.1382 BTC block reward, according to BlockBeats. The payout was worth about $200,000. The report said the machine used a single chip and was not overclocked.
The miner was connected to Public Pool, a zero-fee mining pool, which allowed the operator to keep 100% of the block subsidy and transaction fees. The machine’s effective share difficulty reached 294.14T, more than double the 133.87T needed to solve the block.
Based on a 1 TH/s hashrate, the average time to mine a block is estimated at about once every 16,000 years. BlockBeats described the event as highly unusual, while noting that the daily odds were still about 53 times higher than winning a lottery ticket.
A Bitcoin miner using a Bitaxe ASIC machine with about 1 TH/s of hashrate mined block 957,382 on the previous day and collected the full 3.1382 BTC block reward, worth about $200,000, according to BlockBeats on July 12.
The report said the machine used a single chip and was running without overclocking. It mined through Public Pool, a zero-fee pool, allowing the operator to keep 100% of the block subsidy and transaction fees.
Its effective share difficulty reached 294.14T, which was more than double the 133.87T required to solve the block. Based on 1 TH/s of hashrate, the average odds imply roughly one mined block every 16,000 years, though the report added that the daily chance was still about 53 times higher than winning a lottery ticket.
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