Could a solo miner actually have struck gold?

9 replies 284 views
ColdGangMember
Posts: 73 · Reputation: 183
#1Sep 11, 2019, 11:44 PM
With the current Bitcoin mining difficulty, it seems almost impossible for a solo miner to successfully mine a block. Just checked the mempool and saw something unexpected.
6 Reply Quote Share
planktonHero Member
Posts: 453 · Reputation: 2049
#2Sep 12, 2019, 05:34 AM
Yeah, a lot of unknown miners are actually big private pools. They just don’t disclose their identities.
2 Reply Quote Share
shard_2013Full Member
Posts: 268 · Reputation: 287
#3Sep 12, 2019, 11:10 AM
Exactly! Unknown miners pop up more often than you think. Just earlier, block 910265 was mined by an unknown miner too, just 27 minutes after block 910201. Plus, another unknown miner got block 910248. All this happened in under 13 hours.
6 Reply Quote Share
topbl4stFull Member
Posts: 41 · Reputation: 562
#4Sep 12, 2019, 01:49 PM
Totally get that. It’s frustrating not knowing how much terahash went into mining that block. But hey, at least it gives us hope that we might hit a block someday instead of just throwing money at gambling. I’d take that challenge any day.
1 Reply Quote Share
planktonHero Member
Posts: 453 · Reputation: 2049
#5Sep 12, 2019, 03:30 PM
If you wanna see solo hash rate stats, check out -ck's thread in the Pools section. A few years back, a Compaq-F with around 600GHs hit one. Most solo miners are just renting insane hash power though. Seen some pools with over 1 EHs and still no block.
1 Reply Quote Share
atlas51Member
Posts: 205 · Reputation: 40
#6Sep 12, 2019, 04:42 PM
For real, there are so many pools and a lot of them keep their stats under wraps. If you want to track solo blocks, btc.solopool.org usually has that info.
2 Reply Quote Share
0xDefiFull Member
Posts: 65 · Reputation: 317
#7Sep 12, 2019, 05:59 PM
I see what you're saying. But just because it’s marked as unknown, doesn’t mean it’s a solo miner. Most times, it’s just a pool that hasn’t tagged their transactions yet. Every now and then though, a real solo miner manages to snag a block and that gets everyone excited.
1 Reply Quote Share
whale420Senior Member
Posts: 296 · Reputation: 853
#8Sep 12, 2019, 10:18 PM
Looking at the Coinbase messages, it seems like this wasn’t a solo miner. Found another block, 909944, with nearly the same Coinbase info, minus one character. This could be a big mining company, not a solo effort.
3 Reply Quote Share
nickbullMember
Posts: 3 · Reputation: 88
#9Sep 12, 2019, 11:54 PM
Yeah, it’s super rare for solo miners to hit a block these days. It’s like winning the lottery. The odds are tiny but still there. Always fun to see when it happens.
1 Reply Quote Share
ColdGangMember
Posts: 73 · Reputation: 183
#10Sep 13, 2019, 04:04 AM
I thought it was impossible too. But now I see how many pools go unidentified. I used to think unknown meant solo miners, but there are way more pools than we recognize. People usually only know the top pools like BTC and Foundry USA.
3 Reply Quote Share

Related topics