Solo Miner Scores a Bitcoin Block, Receives 210,000 USD Reward

IconCryptoNewsTerminal Staff24 Jul, 2024

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Solo Miner Scores a Bitcoin Block, Receives 210,000 USD Reward

A solo miner has successfully mined a block on the Bitcoin network, receiving a reward of 3.19 BTC, worth approximately 210,000 USD. Solo miners, who operate independently without joining mining pools, rarely receive the entire block reward. This event highlights the decentralized nature of Bitcoin mining, where anyone with the necessary equipment and expertise can participate in the process.