Solo miners are off to a strong start this year. On Monday, a solo Ethereum (ETH) miner with an average hashrate capacity of 2.19 Giga hashes per second (GH/s) won a block race on the Ethereum blockchain and raked in a reward of ETH 168, currently worth just below USD 536,000.
The lucky miner, who apparently started solo mining on December 23, is part of the cryptocurrency mining pool 2miners. The pool allows users to choose from more than a dozen altcoins and mine either solo or by joining a pool for graphics processing unit (GPU) and Application-Specific Integrated Circuit (ASIC) mining rigs.
As reported, two solo Bitcoin (BTC) miners defied massive odds last week and added a new block to the Bitcoin network, securing the BTC 6.25 block reward each. The miners were part of a solo mining pool dubbed Solo CK.
“Yes this is insane luck at work, and a very unusual event,” Solo CK administrator, Con Kolivas, tweeted at the time.
____
Learn more:
– Mine Bitcoin and Ethereum Using Norton 360 Antivirus or Your Tesla
– Jack Dorsey’s Block Announces Bitcoin Mining System, Building the Core Team
– Bitcoin & Crypto Mining in 2022: New Locations, Technologies, and Bigger Players
– Bitcoin Mining Hash Rate to Double in 2022, Compute North CEO Predicts
– Polygon Implements Ethereum Improvement Proposal 1559; MATIC Dives Today
– Hacker Steals USD 15M from Crypto.com, Say Analysts; Platform Claims User Funds Weren’t Lost
Credit: Source link
