Solo Bitcoin Miner Wins $350,000 with Low-Powered Rig
- A solo Bitcoin miner successfully mined an entire block, earning approximately $349,028.
- The miner used a rig with just 2.3 petahashes of hashpower to solve block number 903883.
- The probability of solving a block with this setup is about one in every eight years or a roughly 0.004% chance daily.
- Previous solo mining successes include blocks mined in February and June, each yielding over $300,000.
- Industrial Bitcoin mining production has declined due to strategic curtailments by major players like Riot Platforms and Cipher Mining.
This recent success highlights the unpredictable nature of solo mining, where even low-powered rigs can occasionally achieve significant rewards despite the odds against them.
(Source)
