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    1. coinfeeds-bot on

      tldr; A solo Bitcoin miner using CK Pool achieved a rare feat by solving a block and earning a reward of 3.13 BTC, worth approximately $282,000. The odds of this happening were about 1 in 30,000. CK Pool allows solo miners to participate without running expensive mining rigs, charging a 2% fee on rewards. This marks the fourth block win for Solo CK Pool miners in three weeks. Despite the increasing difficulty of Bitcoin mining due to rising hashrates, solo miners occasionally succeed, though it is likened to playing the lottery.

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

    2. CriticalCobraz on

      **Summary:**

      A solo Bitcoin miner won a block reward of 3.13 BTC (approximately $282,000) on Thursday using Solo CKPool, a service that helps individual miners compete for block rewards. The odds of this happening were about 1 in 30,000, making it a rare achievement given Bitcoin’s increasing network difficulty.

      Key points:

      * The miner paid a 2% fee (~$5,734) to Solo CKPool for the service
      * This was the fourth solo block win in three weeks for the pool, after a dry spell since September
      * Solo CKPool miners have earned a total of 5,553 BTC (~$511 million) historically
      * Bitcoin’s hash rate has increased significantly (from 736 EH/S to over 1 ZH/S year-over-year), making solo mining increasingly difficult
      * Experts compare solo mining to „playing the lottery“ due to the long odds
      * Some mining companies like Bitfarms are pivoting away from Bitcoin mining to AI infrastructure due to challenging economics

    3. Think their maths is just a tad off. Or is it something else that has odds of 1 in 30,000?

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