Solo Bitcoin Miner Wins $266K After Beating Huge Odds

The Bitcoin mining jackpot was won by a single Bitcoin miner on Friday. They earned 3,146 BTC worth approximately $266,000 after solving Block 924,569. This took only a small fraction of computational power, which is usually required to earn a block prize.

A hobbyist, operating an industrial machine with exahashes, the equivalent of one quintillion, hashings per second, has struck gold.

Con Kolivas is the creator of CKpool. He announced his win on X. “extremely lucky” He noted the rarity of this event. The odds he estimated were 1.2 millions to one per miner, based on the hash rate reported by the miner.

Miner receives 3,125 BitcoinBTCThe total is just above 3.146 BTC. onchain data.

Related: Bitcoin ASIC producer Bitmain under US investigation over national security risks: Report

Bitcoin mining alone will see greater profits in 2025

Despite the landscape of industrial mining, 2025 is a great year for single miners. According According to Mempool Space’s CKpool, 13 solo mined blocks were found this year. That is an average of one block per month.

Last month, a solo Bitcoin miner secured a $347,455 reward They can earn 3,125 BTC, plus any fees, by solving block 920.440 independently.

In early July, another mining company with only 2.3 petahashes had been discovered. claimed a full block rewardSimilar wins were recorded in June, March The following are some examples of how to get started: back in February.

Related: Bitcoin miner HIVE shares boost 7.5% on record quarterly revenue

Bitcoin Miners Turn to AI

The major miners have been looking for new sources of revenue beyond Bitcoin mining. This is especially true after the recent halving has tightened up their margins.

CleanSpark has already begun shifting The stock of the company rose by 13% when it was announced that they would be expanding their data centers to include AI.