A solo Bitcoin miner using Braiins Solo has mined block 966351 and received the full 3.147 BTC block reward, worth about $245,000, according to Bitcoin.com. The result marks the first successful block found by a solo miner on the Bitcoin network in nearly 40 days. The previous case took place on Aug. 2, when a miner working through Solo CKPool collected 3.1569 BTC. The report also noted how rare such wins have become as large mining pools continue to dominate network hashpower. Foundry, Antpool, F2Pool, ViaBTC and Spiderpool together currently control about 78.31% of Bitcoin’s total network computing power, leaving solo miners with relatively low odds of producing a block. The event stands out because block production on Bitcoin is now heavily concentrated among a handful of major pools.
A solo Bitcoin miner using Braiins Solo successfully mined block 966351 and received the full 3.147 BTC block reward, worth about $245,000, according to Bitcoin.com.
The report said this was the first time in nearly 40 days that a solo miner had found a block on the Bitcoin network. The previous instance came on Aug. 2, when a miner using Solo CKPool received a 3.1569 BTC reward.
Foundry, Antpool, F2Pool, ViaBTC and Spiderpool now control a combined 78.31% of Bitcoin network hashpower, making it relatively difficult for solo miners to produce a block.
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