Altair technology recently shared an unexpected triumph from its bitcoin mining division, bitaxe. in a remarkable feat of chance and technology, a small-scale miner with just 500 gh/s hash rate pulled off what many considered impossible—mining an entire bitcoin block worth $206,000 solo on the ckpool platform.
particularly noteworthy is the fact that this miner emerged successful despite odds estimated to be around one in over 1.1 billion, given the current total hash power of the bitcoin network at approximately 552 ehash/s.
compounding this miracle of mining was that it managed to successfully mine ckpool's block 853742 at precisely july-24-2024 taiwans time,. the event highlights soundly however how individuals or small miners can still compete or succeed against larger operations within blockchain networks like those found in cryptocurrency markets today!
thereby making even minor investments such as purchasing their own equipment (often based on where price meets performance) seem worthwhile when considering long-term prospects!
stay tuned for updates from soso value insight reports regarding air & other notable cryptocurrencies including analysis surrounding market trends shaped by new partnerships similar events involving affiliation types noted above.