Another Solo Miner Wins ‘Life-Changing’ Sum, Rakes In USD 536K in Ethereum Block Reward

Ethereum Mining

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Ruholamin Haqshanas

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Ruholamin Haqshanas

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Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

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October 23, 2023 09:18 EDT

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Solo miners are off to a strong start this year. On Monday, a solo Ethereum (ETH) miner with an average hashrate capacity of 2.19 Giga hashes per second (GH/s) won a block race on the Ethereum blockchain and raked in a reward of ETH 168, currently worth just below USD 536,000. 

The lucky miner, who apparently started solo mining on December 23, is part of the cryptocurrency mining pool 2miners. The pool allows users to choose from more than a dozen altcoins and mine either solo or by joining a pool for graphics processing unit (GPU) and Application-Specific Integrated Circuit (ASIC) mining rigs. 

https://www.twitter.com/BitcoinBroski/status/1483169662800171008

As reported, two solo Bitcoin (BTC) miners defied massive odds last week and added a new block to the Bitcoin network, securing the BTC 6.25 block reward each. The miners were part of a solo mining pool dubbed Solo CK.

“Yes this is insane luck at work, and a very unusual event,” Solo CK administrator, Con Kolivas, tweeted at the time. 

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