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Solo Bitcoin Miner Strikes Gold, Nets Nearly $350,000 from Single Block

2025-07-04 07:09:58

Solo Bitcoin Miner Strikes Gold, Nets Nearly $350,000 from Single Block

Main Idea

A solo Bitcoin miner successfully mined a block with a modest hashrate, earning nearly $350,000, highlighting the rarity and difficulty of such an event.

Key Points

1. A solo miner using a rig with 2.3 PH/s solved Bitcoin block 903883, earning 3.173 BTC (~$349,028).

2. The miner faced 1-in-2,800 daily odds (0.004% chance) to mine the block, as noted by CKpool.

3. The achievement is rare, with similar solo mining successes occurring earlier in 2025 (blocks 883,181 and 899,826).

4. Solo mining at scale would require millions in equipment (e.g., 500 Antminer S21 Hydro machines).

5. Despite China's 2021 mining ban, Chinese capital/hardware still dominates ~65% of global Bitcoin mining.

Description

A solo Bitcoin miner has defied extraordinary odds, successfully mining an entire block and earning just under $350,000 in Bitcoin rewards. Key Takeaways: A solo miner beat 1-in-2,800 daily odds to mine a Bitcoin block and earned nearly $350,000. The miner’s modest 2.3 PH/s setup shows small operators can still strike it big despite low odds. Industrial miners scaled back output in June, highlighting contrasting fortunes with solo successes. The miner, working through the CKpool solo mining pool...

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