How Small Solo Miners Solve Bitcoin Blocks

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Not one, nor two, but three small bit­coin min­ers were able to find valid block hash­es and add new blocks to the Bit­coin blockchain while min­ing solo in a two-week span last month, a string of events with such small odds of hap­pen­ing that many in the Bit­coin com­mu­ni­ty were left won­der­ing how it could even be possible. 

Bit­coin Mag­a­zine talked with Con Koli­vas, the cre­ator and admin­is­tra­tor of Solo CK Pool, a bit­coin min­ing pool soft­ware project geared toward work­ers inter­est­ed in min­ing solo rather than con­tribut­ing their hash rate into a pool, which all three of the lucky min­ers were using. Despite wide­spread belief that Solo CK Pool must be spe­cial to have been a cen­tral part of such a phe­nom­e­non, the reac­tions to these suc­cess­ful min­ing events have shown that there are clear­ly still some mis­con­cep­tions about bit­coin mining.



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