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Bitcoin

Two Solo Bitcoin Miners Beat Million-to-One Odds to Win $230,000

Image: BeInCrypto

Two Bitcoin miners just pulled off the kind of win most people spend their lives chasing. On November 7, two independent miners each earned more than $230,000 in Bitcoin after successfully mining a block. Their wins came less than seven hours apart, despite competing against some of the world’s most powerful mining operations. The Bitcoin blockchain confirmed the two winning blocks. Both miners used CKPool’s solo mining service, allowing them to keep nearly the entire reward instead of sharing it with other miners. Is Bitcoin Mining the New Lottery? The wins raise a fascinating question: Could running a Bitcoin mining machine offer better odds than buying lottery tickets? Bitcoin mining works much like a lottery. Thousands of machines compete to solve a mathematical puzzle.

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