Bitmain lost $150,000 because it mined an invalid Bitcoin block

2019-7-11 17:19

Bitmain-owned mining pool Antpool appears to have squandered at least $150,000 worth of Bitcoin mining rewards, reports BitMEX Research, the analytic arm of cryptocurrency exchange BitMEX. At 14:35 UTC, June 10, the Bitcoin network rejected a block after it had been mined, which effectively cancelled the 12.

5 BTC ($146,200) reward intended for its miner. Any resources spent mining the block were also essentially wasted. Bitcoin had an invalid block at height 584,802, as spotted by @juscamarena All 8 nodes at https://t. co/WKQ8hPDGON identified the block as invalid: Bitcoin Core 0. 18. 0Bitcoin Core 0. 17. 1Bitcoin Core 0. 16. 2Bitcoin Core 0. 10. 3bcoinBitcoin Knots 0. 14. 2btcdLibbitcoin pic. twitter. com/p5WKJ5rO0t — BitMEX Research…

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