A solo Bitcoin miner notched a uncommon win by validating a complete Bitcoin block, securing an enormous payday utilizing a hobby-level mining operation utilizing on-demand hashrate.
The miner earned the three.125 Bitcoin (BTC) block reward, value roughly $200,000 at present costs, after efficiently mining block 938092, accordingly to blockchain information and a submit from Bitcoin mining agency Braiins.
Braiins mentioned the miner relied on on-demand hashrate, spending about 119,000 satoshis, roughly $75 on the time, to lease 1 petahash per second of computing energy and paying a small solo-mining price within the course of. The miner used CKPool, a service that lets particular person miners work independently whereas utilizing a pool server to broadcast work and submit options, the corporate mentioned.
Whereas validating a complete block as a solo Bitcoin miner is uncommon, even a sub-$100 funding in on-demand hashrate can result in a fortunate payday. On-demand hashrate is a cloud-based method that enables would-be miners to lease computing energy to mine cryptocurrencies with out proudly owning the {hardware}.
The miner efficiently validated Bitcoin block “938092” round 8:04 am UTC on Tuesday, accordingly to blockchain information from Mempool.house.
Associated: Lone Bitcoin miner wins block utilizing tiny, low-cost rig — ‘1 in 1,000,000 probability’
Solo wins stay statistically uncommon
Whereas validating a block as a solo miner is a uncommon prevalence, 21 Bitcoin miners managed the uncommon feat over the previous yr, cashing in a complete of 66 BTC, value $4.1 million at present costs. This marks a 17% improve in solo blocks discovered through the previous yr, accordingly that solo miner information aggregator Bennet.
Knowledge reveals {that a} solo block is mined at a median interval of 17.2 days.
Associated: How 5 solo Bitcoin miners cashed in over $350K every in 2025
Bitcoin mining trade recovers from US winter storms
Bitcoin mining problem climbed to 144.4 trillion after the newest adjustment, marking a 15% rise.
The adjustment reversed an 11% drop that occurred attributable to northern US winter storms earlier this month, the sharpest decline in hashrate since China’s 2021 mining ban.
Hashrate measures the overall computing energy behind the Bitcoin community. The community’s problem is adjusted each 2,016 blocks, round each two weeks, to maintain block manufacturing near its 10-minute goal.
Journal: Bitcoin could take 7 years to improve to post-quantum — BIP-360 co-author
