this post was submitted on 14 Jun 2023
6 points (100.0% liked)

Bitcoin

195 readers
2 users here now

Magic internet money

founded 1 year ago
MODERATORS
darkwing_duck
[email protected]
darkstar
6
Another Solo Bitcoin Miner Hits the Jackpot for $160,000 (decrypt.co)
submitted 1 year ago by darkwing_duck to c/bitcoin
2 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 1 year ago

Solo miners have balls of steel. Some of them bet tens of thousands of dollars on renting hash for short periods for a low chance of hitting a block. I hope they're merge mining to at least earn back a little in shitcoins they can dump. Once in a while, one get lucky, but its total gambling when you're solo.