I Mined a Bitcoin Cash BLOCK… But I Cheated
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I actually hit a Bitcoin Cash (BCH) block using RENTED hashrate!
I spent about $350 to rent roughly 20 PH/s of hashrate for around 9 hours through Braiins Hashpower, pointed it at a Bitcoin Cash solo pool, and somehow found a block during the rental.
The block paid about 3.1 BCH, which was worth roughly $800+ at the time of recording.
In this video, I go through exactly why I decided to rent the hashrate, how much I spent, the amount of PH/s I rented, the estimated odds of finding a BCH block, and what happened when the block was finally found.
I also compare the much smaller Bitcoin Cash network to Bitcoin and explain why I decided to try BCH instead of attempting the same strategy with Bitcoin.
⚠️ IMPORTANT: Solo mining and rented hashrate are extremely high-risk. Finding a block is not guaranteed, and most attempts will lose money. Only spend money you can afford to lose. This video is for entertainment and educational purposes and is not financial advice.
🎁 HASHRATE GIVEAWAY
Comment below with your thoughts on the video for a chance to win a small Bitcoin Cash hashrate rental. I'll pin/reply to the winning comment.
0:00 Did I Really Mine a Bitcoin Cash BLOCK?
1:18 Who Is Crypto Miner Bros?
2:23 Can You Actually Find a Bitcoin Block Solo?
3:49 Why Did I Choose Bitcoin Cash Instead?
4:07 How Did I Start Bitcoin Cash Solo Mining?
4:47 How Much Bitcoin Hashrate Did I Rent?
5:44 Did I Actually Find a Bitcoin Cash Block?
6:16 How Much Was the Bitcoin Cash Block Worth?
7:29 Why Did I Spend $350 on Bitcoin Hashrate?
8:29 How Much Smaller Is Bitcoin Cash Than Bitcoin?
8:51 What Are My Bitcoin Cash Solo Mining Odds?
9:42 What Were My Chances of Finding a BTC Block?
10:24 Was Finding This Bitcoin Cash Block Just Luck?
10:53 Is Renting Hashrate Better Than Bitcoin Mining Hardware?
11:35 Should You Rent Bitcoin Hashrate or Mine BTC?
12:06 Want to Win Bitcoin Cash Hashrate?
Thanks for watching!
#BitcoinCash #BCH #BitcoinMining #CryptoMining #SoloMining #MiningShow More
I Mined a Bitcoin Cash BLOCK… But I Cheated
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