Recent insights revealed that a solo miner mined block 814,308 successfully after employing a meager 11 PH/s (petahash per second) of mining power. This particular feat was actually achieved via Solo Ckpool.
Solo Ckpool is a service meant for solo miners who are endowed with relatively lower hash rates or less efficient and older hardware.
Solo Miner Finds Another Block In 2023: Unveils Unpredictable Vein Of Bitcoin Mining
The whole realm of solo miners has witnessed the emergence of multiple blocks this year. On 28th October, Con Kolivas, the developer responsible for managing Solo Ckpool, announced that a Bitcoin miner had alone found block 814,308 wielding 11 petahash per second of hash power.
On succeeding mining of any block subsidy, the lucky miner is able to reap 99% of the reward, leaving the rest with empty hands in the pool. Only 72 days before, on 18th August 2023, Kolivas was able to reveal that the block height of 803,821 was mined with just 1 PH/s of hash rate by a solitary miner.
Kolivas also noted that any miner with around one PH/s has an opportunity to succeed only once every 7 years to discover a block, considering the difficulty of the network. Inspite of the fortune, another miner also stumbled upon much bigger luck in June, coming across block height 736, 607 accompanied by only 17 TH/s of mining power.
During this time, Kolivas suggested that the miner was likely utilizing an old Bitmain S9 unit. Besides, miners who have low hash rates and solo entities with huge amounts of hash power have been determining blocks without any assistance from big pools.
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