Friday, August 30, 2024

Today's Top #3: Solo Bitcoin Miner Hits the Jackpot With $200,000 Block Reward - Decrypt

tldr; A solo Bitcoin miner successfully processed block number 858,978, earning a reward of 3.275 Bitcoin, approximately $199,094. This rare event occurred at 12:21pm Eastern Time and involved the processing of 2,391 transactions. Solo mining has become increasingly difficult due to the growing complexity and security of the Bitcoin network, along with reduced rewards following the Bitcoin protocol's halving event. Despite these challenges, this marks another instance where a solo miner has managed to secure a significant reward.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

https://www.reddit.com/r/CryptoCurrency/comments/1f499y3/solo_bitcoin_miner_hits_the_jackpot_with_200000/


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