🎒 Gate Square “Blue & White Travel Season” Merch Challenge is here!
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✅ How to Partici
Individual Bitcoin miners surpassed the giants, receiving a reward of 340,000 dollars.
Recently, a new event referred to as the "Bitcoin lottery" has occurred. An individual Bitcoin miner has found a block on the Bitcoin blockchain alone, surpassing large companies.
After the mining difficulty peaked...
The individual miner finding the block came just 2 days after the mining difficulty peaked. The mining difficulty reached 134.7 trillion on Friday evening, setting a new record.
The individual Bitcoin miner won the block reward alone and obtained 3.13 BTC. Thus, he generated an income of about 347 thousand dollars.
It was stated that the miner used the SoloCK pool created for individual miners. As is known, in this pool, unlike other large pools, the reward is given to the miner who finds the block. In normal mining pools such as (F2Pool, AntPool, the reward is distributed according to hash power after the block is found.
Finally, individual miners managed to earn the entire block reward on September 1 and August 18.
"A pool is needed for decentralization"
Arjun Vijay, the founder of the cryptocurrency exchange Giottus, which spoke to Decrypt on the subject, stated that there is a need for a pool rather than more individual miners:
"The occurrence of a single miner finding a block is as rare as winning a lottery ticket. Large miners and pools reduce the situation of doing the same job repeatedly by sharing the work among themselves. This provides them with advantages in efficiency and stability. For most participants, joining pools makes more sense than solo mining because they can receive regular payments there. What is needed to make Bitcoin more decentralized is not more solo miners, but..." there are more different mining pools. Because if the number of pools increases, control of the network does not consolidate in a few large players.
Published: September 8, 2025 10:59Last Updated: September 8, 2025 11:05