A single-chip Bitaxe ASIC miner has found Bitcoin block 957,382 and collected the full 3.1382 BTC block reward, worth about $200,580, according to Bitcoin News. The machine reportedly runs at roughly 1 TH/s and was the only device tied to that address.
Because the miner was operating through a public mining pool with a 0% fee, the owner kept 100% of the block subsidy and transaction fees. Bitcoin News said the block was mined at a difficulty of 294.14T, more than 2.2 times the required difficulty of 133.87T.
At a hashrate of 1 TH/s, the odds of finding a block average about once every 16,000 years, making the event exceptionally rare by the report’s estimate. The result stands out because the machine used only a single chip, yet still managed to solve a valid Bitcoin block and secure the full payout.
A single-chip Bitaxe ASIC miner found Bitcoin block 957,382 and received the full 3.1382 BTC block reward, worth about $200,580, according to Bitcoin News.
The report said the machine operates at about 1 TH/s and was the only device associated with that address. Because it mined through a public pool with a 0% fee, the owner kept 100% of the block reward and transaction fees.
Bitcoin News said the block was mined at a difficulty of 294.14T, more than 2.2 times the required difficulty of 133.87T. At 1 TH/s, the average odds of finding a block are about once every 16,000 years, making the result an exceptionally rare event.
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