
While technically possible, the likelihood of mining a block solo without significant hash power is extremely low.
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A single Bitcoin miner received the total reward of a Bitcoin block, a rarity due to the hash and power requirements needed to mine the blockchain.
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The solo miner netted around $200,000 in rewards for validating block 841,286.
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In the summer of 2017, rising cryptocurrency prices led to a run on high performance graphics cards. Coveted cards with a high hashrate were snapped up like proverbial hot cakes, leaving gamers, scientific researchers, and anyone else who relied on flagship GPUs priced out as the cryptocurrency frenzy escalated. One year on, and those same […]
The post Second Hand Rigs Are Dumped as the Solo Mining Dream Dies appeared first on Bitcoin News.
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