A solo bitcoin miner successfully mined block 841,286, earning a substantial reward of approximately 3.433 bitcoins, valued around $218,000 to $219,000. This rare achievement, given the odds of about 1 in 5,000 for solo miners to solve a block, underscores the challenges faced by individual miners in competing against large mining pools. The event highlights the significant potential payoff for solo miners despite the competitive landscape of bitcoin mining.
#Bitcoin's Harsh Mining Climate Yields Treasure for One Solo Entity https://t.co/9JRPUeUYGm
Alliance Resource Partners (ARLP), the largest coal mining company in the eastern United States, said that it has been using excess electricity to mine Bitcoin since the second half of 2020. It currently holds 425 Bitcoins worth US$30 million, and also leases electricity to otherโฆ
A griefing attack on the Bitcoin testnet created three years worth of blocks in just one week, but cost the attacker only $1 worth of electricity. @tikta_ reports https://t.co/P33seCuRsH
Alliance Resource Partners, the $2.8 billion coal mining giant, disclosed that it mined 425 $BTC using the excess energy at its facility. @thesamreynolds writes. https://t.co/UVrW0iPMOp
Jameson Lopp's #Bitcoin Testnet 'Griefing' Stirs Controversy #drama #NewsBytes https://t.co/gfvStI66Lv
#Bitcoin testnet users are furious after a fellow Bitcoiner staged a griefing attack on Bitcoinโs testnet just to prove a point. https://t.co/JwuVvw725K
Coal mining company had a stranded energy asset, thanks to #bitcoin the stranded asset is now being monetized, somewhere @SGBarbour is smiling https://t.co/zTVWeZGpft
Is $ARLP the first energy company discussing in-house bitcoin mining? Utilizing excess electricity at mines Operating costs +/- $24k/btc cc @FracSlap @nimblephatty https://t.co/qyTSc14nCY
Nasdaq listed Alliance Resources $ARLP, a $2.8b coal mining company, is mining #bitcoin, and currently holds 425 $BTC on its balance sheet. The company has additionally adopted the new FASB accounting standards for its holdings. https://t.co/uZomhnuBPz
In a Sea of Mining Giants, One Solo Miner Strikes Digital Gold by Finding #Bitcoin Block 841,286 https://t.co/9JRPUeUYGm
Solo Bitcoin Miner Hits the Jackpot with $218,000 Block Reward โบ https://t.co/iGBjAmz6Uz https://t.co/iGBjAmz6Uz
Bitcoin Mining Update: Block 841286 just paid 3.433 $BTC in subsidy+fees - thats $216k ๐ https://t.co/iaIf8RrDG1 https://t.co/593u2M17Pb
Bitcoin Mining Update: Block 841286 just paid 3433 $BTC in subsidy+fees - thats $216m ๐ https://t.co/iaIf8RrDG1 https://t.co/NqWfi05kMu
Lone #bitcoin miner solves Block 841,286, nets around $200,000 โ ๐ธ๐ธ Was it you? ๐ Click below to see the full article ๐๐๐ https://t.co/9rCcazIION https://t.co/q4Ammh02qw
NEW: Solo #Bitcoin โ๏ธ miner solves block no. 841286 ๐ https://t.co/P3P3zkDvE4
NEW:ย A solo miner just mined a block worth 3.433 #Bitcoin worth $218,544. The odds of this happening are around 1 in 5,000 ๐คฏ https://t.co/OZNS4AN7qi
Solo miner winning the block reward in 2024. I love this space. https://t.co/abCbgXGe22
UPDATE: ANONYMOUS SOLO #BITCOIN MINER SOLVED A BLOCK TO TAKE HOME $219,000 BLOCK REWARD AS ONE OF THE FEW ONES TO DO SO
Lone bitcoin miner beats the odds to win full block reward https://t.co/1NfOsGKS4j
A solo bitcoin miner just made 3.125 #BTC for solving block 841,286 Have you ever thought of running a solo miner? ๐ค https://t.co/D5w4I0Rc2G