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And again: solo bitcoin miner number four solves block



 Another solo bitcoin miner solved a valid block at 1.14 PH/s on Tuesday.


Solo Bitcoin ( BTC ) miners have reason to be hopeful again. On Tuesday, another solo miner secured a reward of around $240,000, or 6.25 BTC.


This time, the odds were less than 20 percent, according to Con Kolivas, a Bitcoin software engineer and administrator of CKPool. For CKPool, this is the fourth time since January 11th that a single miner has done so.


Kolivas tweeted his congratulations to the miner who now also managed to earn a block reward.



The lucky miner belongs to the Solo CKPool. The service provider offers anonymous solo bitcoin mining for a fee. At 1.14 petahashes per second (PH/s), the miner is considered a "whale" miner. A remarkable hash rate for an individual.


Roughly every 10 minutes, a new Bitcoin block is solved by miners who compete with the hashrate of the entire Bitcoin network. For comparison: The US bitcoin miner Foundry is currently the largest contributor to the network hashrate with 33,803 PH/s.


One Twitter user estimated that while 1.14 PH/s is a lot, it's still less than a room full of S19, the flagship of the Antminer series.


The CKPool has recently taken the mining world by storm. A bitcoin miner with a tiny hashrate of just 126 terahashes per second (TH/s), comparable to a single S19 miner, solved a valid block on Jan. 12. Two weeks later , another underdog did the unlikely at just 86 TH/s and resolved another valid block.


Over the history of the bitcoin blockchain, 264 blocks, or 0.037 percent of the 721,240 blocks, have been solved by CK's solo bitcoin miners. While the odds are clearly against the loners, they continue to surprise and delight the Bitcoin world.

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