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Raga, I just saw something crazy. A small mining device called bitaxe, basically the size of a hand, managed to mine a Bitcoin block on its own. We're talking about a hash rate of only 500 Gh/s compared to the network's 552 Exahash per second. It's like winning a lottery where the odds are 1 in 1.1 billion every ten minutes, and this guy did it. The block is worth about $206,000 at the current price.
The bitaxe was connected to CKPool, which isn't a traditional mining pool but rather a service that allows you to mine solo while keeping all the rewards. Crazy, right? Of course, it's usually more profitable to join a pool for more regular payouts, but the fact that even with such a small and modest device it's possible to pull off something like this... makes you think about how interesting solo mining can be for those who truly believe in Bitcoin's decentralization.
It's not even the first time this has happened. In April, another miner did the same with a much more powerful device, 120 petahash, which is 240 times stronger than the bitaxe. But the principle is the same: luck in mining is strange. What do you think, is solo mining still worth trying, or is it really like playing the lottery?