Solo Miner Secures $266K Bitcoin Reward Against the Odds
- A solo miner earned 3.146 Bitcoin, valued at $266,000, by mining block number 924,569.
- The mined block contained a total of 1,351 transactions.
- The miner used a Bitaxe Gamma rig with a hash rate of approximately 1.2 terahash per second (TH/s).
- This type of rig is affordable for hobbyists, costing around $100 or less.
- The chance of success for such solo miners is less than one in every hundred thousand attempts per day.
Despite the low probability, solo miners occasionally achieve significant rewards by contributing to the Bitcoin network’s security and decentralization. The recent success story highlights the potential for individual miners using modest equipment to secure substantial payouts.
This event marks one of the few instances where an individual has successfully mined a block independently this year, underscoring the unpredictable yet rewarding nature of solo mining. (Source)
