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Independent Miner Earns 3.126 BTC from Block 919923

A solo Bitcoin miner mined block 919923 on October 20, securing over $347,000 in rewards based on mempool data.

BTC

Summary

On October 20, an independent Bitcoin miner successfully mined block 919923, earning a reward of 3.126 BTC, valued at approximately $347,700 according to mempool data.

Terms & Concepts
  • Bitcoin Mining: The process of validating transactions and adding them to the blockchain by solving complex computational problems.
  • Block Reward: The amount of cryptocurrency miners earn for successfully mining a new block on the blockchain.
  • Mempool: A collection of unconfirmed Bitcoin transactions waiting to be added to the blockchain.