Solo Bitcoin miner scores $347K — 'pure self-soverignty in action'
Summary
A solo Bitcoin miner recently won the "Bitcoin mining lottery" by solving block 920,440 entirely on their own, securing a reward of 3.125 BTC plus transaction fees, totaling $347,455. The miner used the Public Pool Bitcoin mining pool hosted on an Umbrel Server, which Umbrel celebrated as "pure self-sovereignty in action" due to the absence of middlemen. This event is seen as positive for Bitcoin's decentralization, offering smaller miners a chance to compete against large industrial operations. The article also notes a rise in smaller, more affordable Bitcoin miners, some of which are open-sourced to counter the secrecy of larger miners using closed-source ASICs.
(Source:Cointelegraph)