Solo miner received full block reward: here's what Con Kolivas said about it

CKpool platform once again confirms the success of independent cryptocurrency miners. Project administrator Kon Kolyvas shared that an unknown miner was able to mine block number 913,593 on the Bitcoin network, receiving the full reward of 3.13 BTC (equivalent to $347,980 at the time). This event demonstrates that solo mining operations remain competitive in today’s network conditions.

Reward size and commission fees

According to information provided by Kon Kolyvas, the mined block included 593 transactions. In addition to the base reward of 3.13 BTC, the miner earned extra income from transaction fees totaling 0.004 BTC (about $471). Therefore, the total income from this successful block was 3.134 BTC, showing the potential value even with a small number of transactions in a single block.

Technical specifications and astronomical odds of success

The miner used equipment with a hash rate of 200 TH/s (terahashes per second). Kolyvas pointed out the rarity of such success: the probability of mining a block with equipment of this power is only 1 in 36,000 per day, roughly equating to one successful event approximately once every 100 years. These figures vividly illustrate how challenging it is for independent miners to succeed amid increasing network competition.

Overall success statistics of solo miners on the platform

Kolyvas emphasized the significance of this achievement, noting that this is the 307th block confirmed by solo miners through the CKpool ecosystem. This indicates that despite the increased network difficulty, the platform continues to support independent miners in realizing their ambitions and earning full rewards without intermediaries.

Differences between CKpool and traditional mining pools

Unlike standard mining pools, where participants combine their computational resources and share rewards equally or proportionally, CKpool operates on a different principle. Here, each miner works independently, without pooling or redistributing hash power. The reward goes entirely to the miner who first discovers and confirms the new block. This approach avoids pool fees and allows for 100% reward retention, though it involves higher risks.

Factors determining success probability in solo mining

The success of an independent miner depends on two key parameters: the current network difficulty of Bitcoin and the hash rate of their equipment. Since early September, network competition has intensified, making it harder for miners with modest computational resources to find new blocks. Nevertheless, as the platform’s history shows, extraordinary luck can still occur under such conditions.

Previously, Kolyvas reported a similar event where another anonymous miner, via CKpool, received a reward of 3.125 BTC (about $338,000) plus 0.022 BTC ($2,400) in transaction fees, confirming that while rare, success for independent miners in the ecosystem is possible.