Solo Bitcoin Miner Secures Entire Block Valued at $347,000
A single miner successfully mined a full Bitcoin block, earning the entire $347,000 reward in a rare occurrence within the network.
BTC
Summary
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Terms & Concepts
- Solo Mining: A method where an individual mines cryptocurrency without joining a mining pool, earning the entire block reward if successful.
- Bitcoin Block Reward: The amount of Bitcoin awarded to miners for successfully mining a block, currently including both the fixed subsidy and transaction fees.