- A solo Bitcoin miner with a modest hash price defies the chances.
- Miner efficiently solves the block, gaining consideration within the cryptocurrency group.
- The miner completed the feat with an estimated hash price of 17 TH/s.
In a stunning flip of occasions, a solo Bitcoin (BTC) miner with a comparatively modest hashrate has efficiently solved a block, defying the chances and garnering consideration within the crypto group.
Con Kolivas, a software program engineer identified for contributing to Bitcoin CGMiner and CKPool, shared the superb win on Twitter.
The miner, recognized by the pockets initials β151XTfHB,β completed the feat with an estimated hash price of solely about 17 terahashes per second (TH/s). Kolivas advised that the miner possible used a single S9 miner, a tool identified for its effectivity and longevity within the Bitcoin mining ecosystem.
In keeping with Kolivas’ tweet, a miner of this measurement would sometimes count on to unravel a block as soon as each 450 years, primarily based on common statistics. Nevertheless, a miner beat the chances and solved block 275 on solo.ckpool.org
Notably, block particulars will be checked within the blockchain browser. Analyzing the miner’s actions, Kolivas observed that they have been always digging on the similar deal with. Amazingly, the block was resolved with simply 9 billion shares amassed.
Given the present degree of hash complexity of 51 tera, this outstanding achievement signifies that the chance is about one in 5500. This specific block is much more vital as a result of it’s the first block of the community to be solved after the code refactoring.
Koliv famous that the profitable miner’s code is identical one he made publicly out there to everybody, emphasizing the accessibility and transparency of the BTC community.
The group greeted this achievement with admiration and curiosity, because it reminds us that regardless of the growing issue of the Bitcoin community, particular person miners can nonetheless go away their mark on the blockchain.
