Recently, many bitcoin miners have switched to USB-based small cryptocurrency miners. Several of them are pretty fortunate. According to hardware retailer Tom’s Hardware, a miner recently solved a block using an 8.3 TH/s excavator, and he won more than $215,000 in Bitcoin as a reward.
The mining operation was carried out via a pool operated by solo.ckpool.org, which provides “anonymous, self-mining of bitcoins for a 2% fee.”
However, these micro USB excavators are rare. Their quantity is limited, but they can still be obtained for several hundred dollars on platforms such as eBay or Amazon with a little luck.
According to Tom’s, a miner used an excavator with a hash rate of one-tenth of his 86 TH/s. By comparison, Bitmain’s recently launched Antminer S19 Pro+ Hyd has a hash rate of 198 TH/s and costs more than $ 14,000.
This is not the first time a member of the Solo CK Pool has struck it rich. As we previously reported on our website, a miner with 120 TH/s mined a block on January 11 and won a jackpot worth more than $270,000. She found herself in a similar situation a few days later. Another little miner mining at 116 TH/s received the same $260,000.
Dr. Con Kolivas, the sole administrator of the CK Pool, outlined how such a situation may arise:
On the other hand, Bitcoin is not the only cryptocurrency that can help you make money. Ethereum mining is still a viable option. An ETH miner mined a block last week and received 168 ETH, which was valued at roughly $540,000 at the time.
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.