Solo Bitcoin Miner Wins Big After Securing an Entire Block Reward
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A solo Bitcoin miner recently achieved a significant milestone by successfully mining block 860749 and securing a $3,125 block reward. Despite the dominance of large mining pools like FoundryUSA and Antpool, which control over 50% of the total hash rate, this event highlights the potential for individual miners. Although historically rare, the frequency of solo mining successes is increasing due to advancements in mining technology. However, the mining pool landscape remains concentrated, with FoundryUSA and Antpool holding a combined 53% of the Bitcoin network's hash rate.
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