Bitcoin

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April

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<p>In a rare event on April 28th, a solo bitcoin miner successfully added a block to the blockchain, earning a reward of 0.125 BTC, valued at approximately $195,256. This solo miner, operating at a high <a href="https://ultramining.com/news/en/bitcoin-miners-set-for-a-tough-ride-as-2024-halving-nears-jp-morgan/">hash rate</a> of 120 petahash, verified block 841286. The occurrence was confirmed by Kon Kolivas, the administrator of the Solo CKpool <a href="https://ultramining.com/en/ratings/">mining pool</a>, according to <a href="https://happycoin.club/solo-majner-zarabotal-195-356-za-dobavlenie-bloka-v-seti-bitkoina/">Happycoin</a>.</p> 
<p>Solo mining achievements are exceedingly uncommon in the bitcoin network; only 282 out of 841,292 blocks have been added by individual miners, a mere 0.034% probability. Typically, large commercial entities and mining pools dominate block verification. This event marks a significant contrast to April 5th, when a solo miner earned $422,750 for a block, before the reward <a href="https://ultramining.com/news/en/heat-waves-and-halving-bitcoin-miners-cash-in-amid-rising-prices/">halving</a> on April 20th reduced the payout to the current 0.125 BTC per block. The next halving is expected in 2028.&nbsp;</p>

High Hash Rate Leads Solo Miner to $195K Bitcoin Block Reward

Ultramining_Eng

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