Yesterday, October 24, 2024, an independent miner from the Solo CK pool successfully processed block 867118 on the Bitcoin network, earning a reward of 3,329 BTC, valued at over $222,000.
📌Details of the Feat:
- Fixed fee reward: 3,125 BTC
- Transaction fees: 0.204 BTC
- Total: 3,329 BTC ($222,000)
The Solo CK pool operates at a hash rate of 150 PH/s, only 0.0021% of the total Bitcoin network hashrate.
📌How Does the CK Solo Mining Pool Work?
- Allows miners to work independently
- Uses the pool infrastructure to ensure better connection to the network
- Reduces the need for a node of your own and updates transactions in real time
📌Advantages of Solo Mining:
- Total reward for the miner who finds the block
- The reward is not shared with other miners
📌Solo Mining Challenges:
- High difficulty
- Low probability of finding a block
⚡️Solo mining or pool mining? Which one do you choose?
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