- A solo Bitcoin miner with a modest hash charge defies the chances.
- The miner efficiently solves a block, attracting the eye of the crypto neighborhood.
- The miner completed the feat with an estimated hash charge of 17 TH/s.
In a shocking flip of occasions, a solo Bitcoin (BTC) miner with a comparatively modest hash charge managed to resolve a block, defying the chances and attracting consideration inside the crypto neighborhood.
Con Kolivas, a software program engineer recognized for contributing to Bitcoin’s CGMiner and CKPool, took to Twitter to share this exceptional achievement.
The miner, recognized with the pockets initials “151XTfHB,” completed the feat with an estimated hash charge of simply 17 tera hashes per second (TH/s). Kolivas urged that the miner was seemingly utilizing a single S9 miner, a tool famend for its effectivity and longevity within the Bitcoin mining ecosystem.
In response to Kolivas’ tweet, a miner of this dimension sometimes expects to resolve a block as soon as each 450 years, based mostly on common stats. Nevertheless, the miner overcame the obstacles by fixing the 275th block on solo.ckpool.org
Notably, the block particulars will be checked on the blockchain explorer. Whereas analyzing the miner’s exercise, Kolivas noticed that they repeatedly mined on the similar handle. Surprisingly, the block was resolved after solely 9 billion shares had been gathered.
Given the present issue stage of 51 tera hashes, this exceptional achievement interprets to roughly a 1 in 5,500 likelihood. This specific block takes on added significance because it represents the primary mainnet block solved because the code overhaul.
Kolivas famous that the code for the profitable miner is similar one he made public for anybody to make use of, highlighting the accessibility and transparency of the BTC community.
The neighborhood greeted this accomplishment with admiration and curiosity because it serves as a reminder that regardless of the rising issue of the Bitcoin community, particular person miners can nonetheless make their mark on the blockchain.
