A solo miner has succeeded in winning a $181,000 reward by mining block 860749, a feat likened to winning a lottery amid competitive mining conditions.
Julio Moreno, head of research at CryptoQuant, stated, 'It is not a rare occurrence that a solo miner finds a block, it is just a low probability event.'
Moreno highlights growing accessibility for home miners as small ASICs emerge, but emphasizes that mining pool dominance remains, with FoundryUSA and Antpool together at 53% of the hashrate.
Despite the success of solo miners, Bitcoin mining pools still dominate the landscape, showcasing the challenges small-scale miners face against institutional competitors.
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