Solo Bitcoin Miners Record 22 Block Wins in Past Year

Independent Bitcoin miners continue to secure rare block rewards, with another successful solo mining event reported this week.

BTC

Summary

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Terms & Concepts
  • Solo mining: A method where an individual miner attempts to find and validate a blockchain block independently, without joining a mining pool.
  • Block reward: The cryptocurrency awarded to a miner for successfully validating and adding a new block to the blockchain.
  • Bitcoin block: A data set in the Bitcoin blockchain that records transactions and is added through mining.