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Bitcoin

<p>In an extraordinary stroke of luck, a solo Bitcoin miner has just won a reward of $180,000 by solving a block on his own.</p> 
<h2 id="h-a-david-versus-goliath-in-the-bitcoin-arena">A David versus Goliath in the Bitcoin arena</h2> 
<p>Yesterday, September 10, block 860749 of the <a href="https://www.cointribune.com/comprendre-la-tracabilite-de-la-blockchain-bitcoin/" target="_blank" rel="noreferrer noopener">Bitcoin blockchain</a> was validated by a solo miner operating through the Solo CK pool. This feat earned him 3.169 BTC, roughly $180,000 at current rates.</p>
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<p>To put this performance in perspective, it’s important to understand that the miner in question had only <a href="https://cointelegraph.com/news/bitcoin-miner-solves-block-solo-180k-reward" target="_blank" rel="noreferrer noopener">629 petahashes of computing power</a>, representing barely 0.098% of the total Bitcoin network power.</p> 
<p>This scenario, worthy of a modern fairy tale, perfectly illustrates the random nature of <a href="https://www.cointribune.com/comment-lancer-le-minage-de-bitcoins-sur-un-processeur-cpu/" target="_blank" rel="noreferrer noopener">Bitcoin mining</a>. Despite the overwhelming dominance of large industrial mining farms, which mobilize colossal resources, a small player can still occasionally hit the jackpot. This reality keeps alive the original spirit of Bitcoin: a decentralized financial system where everyone has a chance.</p> 
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<h2 id="h-the-growing-challenges-of-individual-mining">The growing challenges of individual mining</h2> 
<p>While this event is dream-like, it should not obscure the increasingly harsh reality of Bitcoin mining for individual players. The <a href="https://www.cointribune.com/en/bitcoin-mining-the-impact-of-the-hash-rate-on-profitability/" target="_blank" rel="noreferrer noopener">global network hash rate</a> recently reached a new all-time high of 742 exahashes per second, a staggering 62% increase in one year. This race for computing power makes the task of solo miners increasingly arduous.</p> 
<p>Indeed, since the birth of Bitcoin in 2009, individual miners have solved only 290 blocks out of the 859,000 produced. Industry giants like Bit Digital, Riot Blockchain, and <a href="https://www.cointribune.com/en/marathon-digital-surpasses-tesla-and-apple-bitcoin-mining-stock-soars-on-wall-street/" target="_blank" rel="noreferrer noopener">Marathon Digital</a>, with their vast arrays of specialized machines, largely dominate the landscape. This concentration raises questions about the sustainability of the decentralized model advocated by Bitcoin pioneers.</p> 
<p>In summary, while the <a href="https://www.cointribune.com/bitcoin-un-mineur-solo-remporte-160-000-avec-du-vieux-materiel/" target="_blank" rel="noreferrer noopener">achievement of this solo miner reignites hope for small players in the sector</a>, it should not mask the structural challenges facing Bitcoin mining. The future will tell whether the network can maintain a balance between efficiency and decentralization, ensuring its resilience and long-term appeal.</p>

Bitcoin: Another Solo Miner Hits The Jackpot!

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