Bitcoin solo miner banks $350K with 2.3 petahash in ‘incredible odds’
2025-07-04 05:49:59
Main Idea
A solo Bitcoin miner with 2.3 petahashes successfully mined a block, earning $349,028 in rewards, an event considered highly improbable given the miner's small hash power.
Key Points
1. The miner solved block 903883, receiving a subsidy of 3.173 BTC ($349,028).
2. The miner's rig likely consisted of older-generation ASIC miners producing 2.3 petahashes per second.
3. Solo miners typically need around 166,000 TH/s (equivalent to ~500 Antminer S21 Hydro units) to mine one block per month.
4. A solo miner with 2.3 PH/s has a roughly 1 in 375,300 chance per block at current difficulty levels.
5. Similar rare solo mining successes occurred earlier in 2024, with miners earning rewards of over $300,000 per block.
Description
A solo miner with just 2.3 petahashes successfully mined a Bitcoin block on Thursday, netting them $349,028 in rewards.
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