Third time’s the charm? For the third time since January, another solo Bitcoin miner struck digital gold, solving a block worth 6 BTC, or around $160,000.

The independent miner solved a block that generally would take several years to do using limited processing power. Identified by the tag 151XTfHBfaDqoNWGGeYobNX2YzFFWuB5YD, the miner solved the 275th block of the Bitcoin blockchain on the Solo CKPool platform.

Ck Pool admin Con Kolivas pointed out that it would take 450 years on average for a miner of this size to solve a Bitcoin block, beating 1:5,500 odds to do so as quickly as the minder did.

According to Kolivas, the miner running a modest ~17 Terahashes per second (TH/s) is likely using a single S9 Bitmain Antminer unit. The S9 model Bitmain Antminer was released in 2017—the latest model, Antminer S19XP, in 2022.

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Author: Jason Nelson

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