A single Bitcoin miner surpassed giant mining companies to obtain a block reward of $ 160,000. It probably used a single Antminer S9 machine to solve Bitcoin (BTC) transaction block 793,607 last Friday. Experts point out that it may take 450 years for a miner to solve the same block with the hardware they have, but luck can sometimes bring such surprises to the miners, helping them solve the same block in 10 minutes.
While the crypto industry has been shaken by negative developments lately, good news of this kind brings smiles to the faces.
With the help of his luck, the miner earned 6,175 BTC by solving a block that would take 450 years statistically, in about 10 minutes. This profitability resulted in a return of $160K on its original investment.
As it is known, Bitcoin mining difficulty has reached record levels in recent weeks. Rising miner competition has caused the hash rate to increase steadily in recent weeks. Satoshi Nakamoto, the founder of Bitcoin, predicted that the mining difficulty would increase as new miners join the network.