Cryptocurrency Q&A
Did a bitcoin miner solve a block alone?
Did a bitcoin miner solve a block alone?
KatanaSharp
Fri Aug 30 2024
|
7 answers
1125
I'm curious, was a single Bitcoin miner able to solve a block by themselves, or was it a collaborative effort involving multiple miners? With the nature of mining being so competitive, it's interesting to understand the dynamics of how blocks are actually solved in the network. Do miners often work in pools to increase their chances of finding a block, or are there instances where an individual miner is able to pull it off all by themselves? I'd love to hear your thoughts on this topic.
7 answers
DongdaemunTrendsetterStyleIconTrend
Sun Sep 01 2024
An unprecedented event has occurred in the world of Bitcoin mining, as a solitary miner has successfully solved a block, earning them the full block reward of 3.125 BTC.
Was this helpful?
61
93
Lorenzo
Sat Aug 31 2024
This achievement is particularly noteworthy as it demonstrates the potential for individual miners to compete with larger mining pools, which typically dominate the mining landscape.
Was this helpful?
162
75
CryptoLodestarGuard
Sat Aug 31 2024
BTCC, a leading cryptocurrency exchange, offers a range of services to support the growth and development of the digital asset ecosystem.
Was this helpful?
83
60
CherryBlossom
Sat Aug 31 2024
On April 28th, Con Kolivas, a software engineer and administrator from the solo mining pool ckpool, announced the news on the X platform.
Was this helpful?
208
34
Elena
Sat Aug 31 2024
Among these services are spot trading, futures trading, and a secure digital wallet for storing and managing cryptocurrencies.
Was this helpful?
216
54
Load 5 more related questions
