Bitcoin in the crypto money market $115,054.16While the value exceeds 100 thousand dollars, the mining sector is the scene of an important competition. Due to the high Hashh ratio, most independent miners have become almost impossible for them to win an important block award. However, a recent development showed that the sector is still open to surprises.
Solo Miner Rare Block Win 3.25 BTC
Recently, a solo miner has successfully solved Bitcoin’s block 910,440 via solo CK pool. This block hosted a total of 4,913 processes. The miner won approximately 2,000 Australian Dollars with 3.25 BTC as the block award. The total award exceeded US $ 350,000.
Experts at the Bitcoin ecosystem consider the possibility of an individual miner alone to solve blocks alone as one of 650,000. This rate is similar to the possibility of winning a great prize in games of chance. Samuel Li, CTO of ASİKKEY company, made the following assessment:
The probability of a solo miner to find blocks is approximately 650,000.
Companies are looking for superiority in competition
Large -scale mining companies are competing to transform the increase in the price of Bitcoin into a profit. High HASH ratios and advanced equipment reduce the chance of competition of individual participants. As a result, large businesses invest in different technologies to obtain more market share.
Although some solo miners have recently achieved successful results in this great competitive environment, the increasing level of difficulty and the pressure of the major actors in the market make the job of small players even more difficult. Especially with the introduction of new technologies such as artificial intelligence, high -capital enterprises gain advantage.
The latest status of individual mining and the future
During the year, both February and July, independent miners reportedly solved the block and obtained significant prizes. However, according to experts, the possibility of repeating similar achievements is gradually decreasing in this period when the difficulty rate in the Bitcoin network reached the summit.
This development reveals that solo mining is now a stable income model. Apart from rare successes, solving the block in a solo way is technically more difficult every day and is considered a risky option for many miners.
As competition in the crypto currency sector increases, companies are more oriented to technological solutions and infrastructure investments for operational efficiency. This provides signs that mining activities that require high capital will further intensify in the future.
As a result, it is a rare event to reach Bitcoin’s block award alone. In order to ensure sustainability in the mining sector, it is important that small and large -scale participants develop new strategies and adapt to technological developments.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
