[ad_1]
Well, in an age where cryptocurrencies are widely considered a venture capital investment, being lucky enough to win a mega jackpot is certainly the most rewarding feeling ever. On January 17, 2022, an Ethereum miner was lucky as they successfully mined the entire block while running on 2miners Ethereum Solo pool.A successful mining process has rewarded miners with 168 ETH tokens worth up to $540,000, which apparently makes them a god-favorite for easily winning unusual jackpots in a very dynamic world cryptocurrency.
According to the report, the value of rewards pooled by miners is much higher than the average reward of 4 ETH per block currently offered to miners. The surprising reward can be attributed to the size and hashing power of the SOLO pool. The pool is small, with 854 miners online and 1.5 megahashes per second, which means the average miner contribution is 1.85 gigahashes per second. Successful miners currently provide 2.25 Giga hashes per second and can be created between 1 and 20 of the latest GPU systems.
This is not the first time that individual miners have made a fortune on the Ethereum blockchain cluster. Earlier on January 11, 2022, a BTC miner from the Solo CK anonymous solo mining operation successfully mined the entire block on his own, earning 6.25 BTC. Soon, two days later, another miner mined a new BTC block with one to three rigs via Solo CK. Amazingly, the probability of each miner mining an entire block on the decentralized network is only 1 in 1,400,000. The probability of two small miners mining the entire block in the same week is expected to be one in a billion. So, those who can hit the right strings at the right time are lucky to benefit from the uncertainty that exists throughout the crypto center.
ETH’s average daily mining profitability has been plummeting since reaching an all-time high of $0.282 on May 12, 2021, causing serious concern among users. The data report shows that the current average profitability is around $0.0474. Part of the reason for the drop is that the EIP-1559 upgrade consumes fees instead of paying miners. Switching to a proof-of-stake consensus algorithm allows Ethereum channels to ensure stability through staking. This process helps reduce the need for powerful power resources.
[ad_2]
Source link
