‘1 in a billion’: Second tiny miner solves a block

In
an
astonishing
turn
of
events,
two
lucky
miners
from
the
Solo
CK
mining
pool
have
defied
all
odds
and
added
a
new
block
on
the
Bitcoin
blockchain
in
the
same
week.

On
Monday,
a
tiny
miner
successfully
solved
a

block

with
a
modest
hash
rate
capacity
of
126
terahashes
per
second
(TH/s).
Bitcoin
(BTC)
mining
expert
and
member
of
the
Bitcoin
Mining
Council
Hass
McCook
told
Cointelegraph
at
the
time
that
the
odds
of
this
happening
were
1
in
1,400,000.

But
according
to
a
Thursday
tweet
from
Solo
admin
Con
Kolivas,
another
miner
from
the
same
pool
was
able
to
solve
a

block

with
a
capacity
of
only
116
TH/s

even
less
than
the
first
miner.
That’s
likely
to
be
just
one
to
three
mining
rigs,
depending
on
the
equipment
used.

Kolivas
added
that
the
new
miner
joined
the
pool
less
than
two
days
ago,
“presumably
in
response
to
the
other
lucky
block
solver.”

“They’ve
been
astronomically
lucky
in
solving
a
block
solo
in
that
time,”
he
wrote.

“This
is
insane
luck
at
work,
and
a
very
unusual
event.”

“Insane
luck”
might
even
be
an
understatement.
McCook
told
Cointelegraph
that
the
odds
of
this
happening
are
so
unlikely,
he
is
unsure
of
how
to
even
mathematically
calculate
them.

He
suggested
that
the
odds
of
such
a
small
miner
succeeding
once
was
one
in
a
million,
so
two
successes
just
a
few
days
apart
would
be
at
least
one
in
a
billion.



Related:




Tiny
Bitcoin
miner
defies
massive
odds
to
solve
a
valid
block

When
the
first
miner
successfully
solved
a
block,
McCook
said,
“To
say
this
is
very
rare
is
an
understatement.”

Each
of
the
miners,
who
may
have
been
mining
on
just
one
or
two
machines,
will
take
home
6.25
BTC
($266,000)
for
their
efforts.

read original article here