- A Bitcoin solo miner worked $ 263k of rewards via a Pocket-Size Rig.
- Mijnwerker sells the pressure relaxed in March and may stimulate the BTC recovery.
A solo Bitcoin [BTC] Mijnwerker has made a rare Fête to find a block and grab a reward of $ 263k using a relatively cheap mining installation.
According to Con Kolivas, a developer at a solo-mining pool used by the miner, Solo.CKPool Bitcoin, it called a “1 in a million chance” based on the type of pocket size that is used.
“A miner of this size has only less than 1 in a million chance to find a block per day, or placed alternatively, would take 3,500 years to find an average block.”
Kolivas noted that the miner used the 480 gigashash per second (GH/s) Bitaxe machine and the 297th solo miner was to find a BTC block from the swimming pool.
The miner was rewarded 3.15 BTC (worth $ 263k), including block rewards and transaction costs.
Miner flows
Source: Cryptuquant
That said, the stream of BTC Miners, one of the sales pressure for BTC, decreased in March compared to the end of February.
On 26 February no less than 21.6k BTC was sent from Miner Wallets, a sales pressure that coincided with the first dip of BTC under $ 90k.
The next major sale of miner was sold on 10 March, with 11.6k BTC, about half of the dump at the end of February.
In general, the mining pressure has decreased in the past two weeks and BTC can offer enough space for a rebound.
A similar prospect was repeated by the position index (MPI) of the miners, who measure or sell BTC miners and the potential impact on the price.
The MPI jumped to an overheated area above 2 at the end of February and confirmed the sales pressure That dragged BTC under the former range of $ 92k.
Source: Cryptuquant
The MPI recovered somewhat at the time of the press and could dive the BTC if it goes further than 2. In the meantime, BTC was appreciated at $ 84k, an increase of 10% compared to recent $ 76k, but was confronted with an overhead hindernis at $ 85k.