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Home»BLOCKCHAIN NEWS»As the halving approaches, miners earn 6.36 BTC from 1 Bitcoin block.
BLOCKCHAIN NEWS

As the halving approaches, miners earn 6.36 BTC from 1 Bitcoin block.

By Crypto FlexsApril 5, 20242 Mins Read
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As the halving approaches, miners earn 6.36 BTC from 1 Bitcoin block.
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One individual miner mined a single block of Bitcoin, earning 6.36 BTC before the impending halving.

On April 5, a lone miner with an equipment hash rate of 7 PH/s entered block #837,814 into the first cryptocurrency blockchain. According to Mempool, users received a total of 6.36 BTC at the time of block mining, including a fee of 0.1 BTC. This equates to $422,750.

Source: Mempool

CKPool pool manager Con Kolyvas noted that miners have been mining intermittently since the pool was last restarted, and on average have accumulated about 0.05% of the stake needed to solve a block.

“The miner contacted me personally. He was mining with his own mining hardware supplemented by intermittently rented hashrate.”

Con Kolyvas, CKPool Pool Manager

In October 2023, individual miners Included A block on the Bitcoin network with a hardware performance of 11PH/s. Users received a reward of 6.25 BTC and a fee of 0.09 BTC. Another person in May 2023 Acquisition You mine a block and receive $177,115, a reward of 6.25 BTC and a fee of 0.24 BTC.

At the end of March 2024, Bitcoin mining difficulty decreased by 0.97% to 83.13T. The average hashrate for the period since the previous value change was 593.99EH/s. The span between blocks is 10 minutes and 7 seconds.

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