An unprecedented event occurred in Bitcoin mining. An individual miner with a mining power of 126 TH/s was able to decrypt a Bitcoin block, realizing a probability of 1 million 400 thousand. The miner, who owns only 0.000072 percent of the worldwide Bitcoin network power, became the owner of 6.25 Bitcoins with the block he solved. The value of the obtained Bitcoin as of 17:35 on January 13, is exactly 277 thousand dollars.
Solving Bitcoin blocks is not an easy task. Because these blocks are getting harder to solve as the excavation continues in encrypted form. For this reason, it will only be possible in 2140 for all 21 million Bitcoins to be released. This is where mining pools come into play. Bitcoin miners, who are included in different pools, are trying to solve these passwords by joining forces, so to speak. The miner, who owns 6.25 Bitcoins with a power of 126 TH/s, was not included in any pool and was mining completely individually.
Happening for the second time this week
It is remarkable that such an event has occurred these days, when the Bitcoin mining difficulty is at its peak. Moreover, the probability of 1 million 400 thousand has happened once again in the past week. Another miner with a strength of 116 TH/s managed to decrypt another block recently, and he became the owner of 6.25 Bitcoins.
Developments in Bitcoin mining caused the eyes to turn to the Bitcoin Mining Council. One of the council members, Hass McCook, who made a statement on the subject, said that this was an incredible event and that mathematical knowledge would not be enough to calculate the probability of these events. . .
Note: Bitcoin network strength worldwide is over 1 EH/s (exahash). 1 EH/s equals 1 million TH/s. From this, we can calculate that the miner holding 0.000072 percent of the network power alone has a probability of over 1.36 million to solve the block.
33798
