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Currently, the Bitcoin network's hash rate is incredibly high, with the vast majority of blocks mined by large mining pools. Individual miners ("solo miners") have a relatively negligible hash rate, and their chances of winning a block are likely lower than winning the lottery. This demonstrates that even with highly concentrated hash rate, individuals can still "win the jackpot," reminding everyone that Bitcoin isn't completely monopolized by large mining pools.

Cointelegraph
@Cointelegraph
09-01
🔥 NEW: A solo miner mined Bitcoin block 912632, earning ~$340K.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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