Mysterious Bitcoin Miner Sweeps $1.7 Million in One Day Mining

2023-05-27 09:11:15

Mysterious Bitcoin Miner Mined Over $1.7 Million in Bitcoin in One Day

Each Bitcoin block contains 6.25 BTC plus transaction fees paid for transactions included in that block. And the fact that unknown miners have received huge rewards makes it an interesting thing. Because in mining there are many famous mining pools such as Binance Pool and AntPool where rewards are often found.

A mysterious miner has mined more than 10 Bitcoin blocks in 24 hours, resulting in a total of 65 BTC, which is worth over $1.7 million in current market value.

Each Bitcoin miner usually integrates their own miners into mining pools to increase the chances of finding blocks. Pooling resources will allow smaller miners to participate in the mechanism. Proof-of-Work of the network and get rewards from mining

These pools are customized for each miner. There will be a fee. The continuity of the system and the size of the hash rate, all of which greatly affect the efficiency of the pool. Currently, the top pools include Binance Pool, KuCoin Pool, AntPool and others.

Many crypto fans have guessed thatThe mystery miner is F2Pool. Since the messages sent seem to be from F2Pool, however, according to hash rate tracking, F2Pool’s hash rate has not changed. This indicates that it will be a new sub Pool that is not merged with the main one. Or the Hash rate tracker might be blocking F2Pool’s pool for some reason.

Earlier, CryptoGlobe reported that the value of Bitcoin hit a 10-week low recently. And one analyst has predicted that is about to happen. “Big moves” coming soon

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Additionally, Glassnode’s chief analyst, Checkmate, noted that the risk-to-sell ratio is approaching All-time lows.

Checkmate has assumed investors are hesitant to sell assets that are currently at a profit or a loss, and from his words it looks like a big move is on the way.

Source: CryptoGlobe


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