Lottery for a Bitcoin miner: Wins $220,000

A new one has been added to the situation where individual miners, which have started to be seen frequently recently, approve a block alone. This person, who mined without being included in any large pool, received a BTC award of $220,000.

Lottery for a Bitcoin miner: Wins $220,000

At a time when Bitcoin mining is getting harder every day and small players are withdrawing from the sector, especially after the halving of the reward, a lottery was almost a lottery for an individual miner. This person mined the 867118th block alone and won the 3.3BTC (approximately 220 thousand dollars) prize.

The miner, who approved the block around 12 p.m today, thus realised a possibility that is even less than one in a thousand. As it is known, individual miners are usually included in mining pools and receive a share of the pool according to their hash power. Those who are not included in such large pools, on the other hand, try their own luck and take the risk by saying ‘all or nothing’.

He would get double!

Recently, examples of such individual miners finding blocks alone have become more common. If this situation had occurred before the halving 6 months ago, the miner would have received 2 times the BTC reward.

With the halving on 20 April, miners’ rewards were halved and the number of BTC earned per block decreased from 6.25 to 3.125 BTC.

While this decline also hit major Bitcoin miners, the shares of these companies also saw sharp losses in value.

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