A solo miner hit what many are calling a jackpot, as he mined a Bitcoin block #887,212 with just a 480-gigahash per second (GH\/s) Bitaxe machine.<\/p>\n
He earned a total of 3.15 Bitcoins, which includes 0.025 $BTC in transaction fees. This, as per current prices, amounts to a whopping $257,963.<\/p>\n
The miner is a part of the solo.ckpool mining pool, developed by Con Kolivas. Kolivas said that this is an exceptionally rare feat.<\/p>\n
After all, such a small-sized miner would need approximately 3,500 years to find a block. The chances of finding a block per day are less than 1 in a million.<\/p>\n
To put it in perspective, Antminer S9\u2019s current per day income (with a hashrate of around 13.5 TH\/s) is $0.7365.<\/p>\n
So, it can cough out roughly 0.0000089 BTC per day. This means it\u2019ll take around 307 years to mine 1 $BTC, or 967 years for 3.15 BTC.<\/p>\n
The solo miner achieved this with just 3.56% of the hashing power of the Antminer S9. Insane, to say the least.<\/p>\n
Crypto and Bitcoin mining is an industry dominated by large players with huge investments and complex machines.<\/p>\n
However, the success of this solo miner offers a ray of hope and highlights the possibilities for small miners as well.<\/p>\n
A lot of micro miners these days are being built open-source to fight the opaqueness of the mining industry. It helps make mining more transparent and accessible to the general public.<\/p>\n
Cost-effective solutions like Bitaxe can make a larger impact with the help of some innovation and adaptability.<\/p>\n
That said, mining is still a tedious and expensive affair, which is why there aren\u2019t many home miners in the first place.<\/p>\n
But what if you could get free $BTC without having to go down the mining route? Enter BTC Bull Token ($BTCBULL)<\/a><\/strong>.<\/p>\n BTC Bull Token is one of the best meme coins<\/a> available on the market right now.<\/p>\n It sets itself apart by being the ONLY crypto that rewards token holders with real Bitcoin every time the OG crypto hits a new milestone.<\/p>\n So, for example, when $BTC crosses $150K this year (as predicted by analysts<\/a>), you\u2019ll be airdropped real (and free) $BTC.<\/p>\n Simply put, BTC Bull Token<\/a><\/strong> gives you the opportunity to own a fraction of the most prized crypto (Bitcoin) without having to dump a huge amount of money into a mining setup.<\/p>\n The developers have also reserved 40% of the total $BTCBULL token supply for marketing and PR purposes.<\/p>\n This means they\u2019re pretty big on boosting the project\u2019s popularity (even after launch) and helping it garner more traction.<\/p>\n What\u2019s more, there will also be periodic token burn events to control the supply of tradable $BTCBULL.<\/p>\n\n A regularly contracting supply will lead to an expansion in demand, which will further boost the inherent price of the token.<\/p>\n However, note that you\u2019d have to buy and hold $BTCBULL in the Best Wallet App<\/a><\/strong> to be eligible for the airdrops. For those interested, here\u2019s a full guide on how to buy $BTCBULL tokens<\/a>.<\/p>\n Bitcoin is rightfully referred to as the digital gold. The US government recently announced the formation of a Bitcoin reserve as well, calling it the \u2018digital Fort Knox of digital gold.\u2019<\/p>\n Plus, with Bitcoin showing signs of a reversal (support at the 50 EMA and the 50% Fib level on the weekly chart), this could be the perfect \u2018buy the dip\u2019 opportunity.<\/p>\n However, at its current market price, 1 $BTC costs $82,200<\/a>. This means an average retail crypto investor might not be able to pile up enough $BTC to take home sizable gains come the next rally.<\/p>\n $BTCBULL<\/a><\/strong>, on the other hand, gives you the chance to own $BTC at a very low cost. 1 $BTCBULL is currently selling for just $0.002405, after all.<\/p>\n Holding $BTCBULL will benefit you in two ways:<\/p>\n Firstly, you get free real $BTC. It\u2019s worth noting that several experts have predicted targets in excess of $1M for $BTC. Is it any wonder that BTC Bull Token is one of the best cryptos to buy now<\/a>?<\/p>\n\n It\u2019s also worth mentioning that the $BTCBULL presale<\/a><\/strong> has been a huge hit. The project has raised $3.5M so far and shows no signs of stopping.<\/p>\n However, keep in mind that the next price increase is less than a day away. So, hurry up and grab BTC Bull Token at its lowest ever price. Find out more by checking out $BTCBULL\u2019s whitepaper<\/a>\u00a0and their X feed<\/a>.<\/p>\n Last but not least, we\u2019d like to leave you with a piece of advice. Crypto investments can be a risky affair, given the fickle nature of the markets.<\/p>\n That\u2019s why it\u2019s important to do your own research before investing. That would give you the necessary confidence to hold onto your bets.<\/p>\n Also, this article isn\u2019t a substitute for professional financial advice.<\/p>","protected":false},"excerpt":{"rendered":" A solo miner hit what many are calling a jackpot, as he mined a Bitcoin block #887,212 with just a 480-gigahash per second (GH\/s) Bitaxe machine. He earned a total of 3.15 Bitcoins, which includes 0.025 $BTC in transaction fees. This, as per current prices, amounts to a whopping $257,963. The miner is a part […]<\/p>\n","protected":false},"author":0,"featured_media":51567,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-51566","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/51566"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51566"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/51566\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/51567"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}What is BTC Bull Token?<\/h2>\n
Why Should You Invest in $BTCBULL?<\/h2>\n
\nSecondly, you\u2019ll benefit from the increase in the value of $BTCBULL itself.<\/p>\n