A solo Bitcoin miner using the Solo CKpool mining service has achieved a remarkable reward of $160,000 despite having lower hash power compared to other mining entities. The miner was able to solve a block when the mining difficulty was at an all-time high. The Solo CKpool allows miners with outdated or inefficient equipment to pool their mining power together, increasing their chances of solving a block. This is the third time in 2023 that a solo miner has accomplished this feat. The increase in Bitcoin’s hashrate is beneficial to the network and suggests more interest in the cryptocurrency, potentially leading to higher prices.
AI Sentiment: Positive