Could you elaborate on the feasibility of a solo
Bitcoin miner utilizing an AntMiner S9 rig to successfully solve a block on the Bitcoin network? Given the current mining difficulty, hash rate requirements, and the competitive nature of Bitcoin mining, does the AntMiner S9 possess the necessary capabilities to find a valid block solution independently? Additionally, what factors should a solo miner consider when evaluating the profitability and sustainability of such an operation?
6 answers
Tommaso
Mon Jul 15 2024
On Friday evening, an individual bitcoin miner achieved a remarkable feat.
GyeongjuGloryDaysFestival
Mon Jul 15 2024
Utilizing a presumably solitary Antminer S9 rig, the miner successfully solved block 793,607.
Margherita
Mon Jul 15 2024
This accomplishment was highlighted by the admin of mining software Solo CKPool, tweeting that such a miner would ordinarily only solve a block once every 450 years on average.
benjamin_cole_nurse
Mon Jul 15 2024
Despite the seemingly improbable odds, the miner's luck prevailed, earning a substantial reward.
KimchiQueenCharm
Mon Jul 15 2024
The prosperous miner received 6.175 BTC, which equates to approximately $160,100.