Solo Bitcoin Miner Wins $266K with Unlikely Odds
- A solo miner earned 3.146 BTC, valued at approximately $266,000, by solving block 924,569.
- The miner operated at a hash rate of about 1.2 terahashes per second (TH/s), significantly lower than industrial-scale miners.
- The odds of this win were estimated at around 1.2 million to one per day based on the reported hash rate.
- This year, there have been a total of thirteen solo-mined blocks found through CKpool.
- In July, another solo miner claimed a reward of $347,455 after solving block independently.
Despite the dominance of large mining operations, solo miners have seen notable success in recent months, highlighting the unpredictability of Bitcoin mining rewards. The recent win underscores the potential for smaller operators to achieve significant payouts against overwhelming odds.
This event marks an extraordinary achievement for the miner who secured over $266,000 from a single block reward at highly improbable odds.(Source)
