I was that lucky too 🍀
A solo miner successfully mined a block of Bitcoin and earned $218,500.
🙀 On April 29, a solo miner successfully mined Bitcoin block #841,286 using hardware with a hashrate of 120 PH/s, as reported by CKPool pool administrator Kon Kolivas. This event occurred after the recent halving, which reduced the Bitcoin mining reward from 6.25 BTC to 3.125 BTC. From this block, miner 💰 earned 3,433 BTC, approximately $218,544, including transaction fees.
👀 Kolivas suggested that the miner had switched from pool mining to solo mining because pool mining was not covering his ⚡️electricity costs, and suggested that the miner consider renting his hashing power.
🔨 Individual mining of a block is a relatively rare event in the 14-year history of the Bitcoin blockchain, having occurred only 282 times. The network's average hash rate is currently 591 EH/s, having peaked at 728 EH/s on April 23. The hash rate ⬆️ has increased over 90% in the past year, making individual mining increasingly challenging.