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Home Crypto Bitcoin

This Solo Miner Defies The Odds And Wins $330,000

by Market News Board
1 day ago
in Bitcoin, Crypto, Cryptocurrency News
This Solo Miner Defies The Odds And Wins $330,000
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9h10 ▪
4
min read ▪ by
Mikaia A.

Luck sometimes smiles on the boldest. And this time, it appeared in the wallet of a solo bitcoin miner. A rare, almost legendary feat. These kinds of victories can be counted on one hand, given the slim odds. Yet on June 5th, the extraction of a block changed a life. But this brilliant stroke is not ordinary. It carries a particular technical signature. Between stealth strategy, rented hashrate, and rigor, block number 899,826 enters history.

Stunned individual in front of a bitcoin logo screen with a 0,000 figure

In Brief

  • The miner validated a unique block and received 3.15 BTC via the solo.ckpool pool.
  • He briefly increased his computing power to 261 PH/s to maximize his chances.
  • This block is the 300th solo block mined in a context of record difficulty on bitcoin.
  • The transaction contained 3,680 movements, confirmed in a network with low congestion that day.

When Bitcoin Mining Makes Loners Shine

Bitcoin mining divides opinion: some get rich, others give up. It pits the patient and stubborn against the discouraged impatients. Yet the recent success of a solo miner reminds us that the dream is still alive. This block, solved via the solo.ckpool pool, brought in 3.15 BTC, or more than $330,000.

This miner, identified as “bc1qa8r…”, was not a beginner. But he changed method. By temporarily renting computing power of 261 PH/s, he maximized his chances. Normally, his activity remained modest, with 6.11 PH/s per week. This tactical choice, nearly clandestine, paid off.

The lucky one included 3,680 transactions in his block, flawlessly validated. This feat is also a wake-up call. Behind large data centers, the discreet geek in his garage can still hope. Proof: since February, several BTC solo miners have cashed in under unlikely conditions.

The 300th Solo Block Validated Amid Extreme Mining Conditions

This success is not just a stroke of luck. It’s also a technical milestone. Block 899,826 is the 300th solo block validated through CKPool. Added to this is a ruthless context: bitcoin network difficulty hit 126.98 trillion, a record. Renting hashrate for a targeted operation is becoming an increasingly popular tactic.

Con Kolivas, CKPool administrator, explains:

This hashrate was almost certainly rented.

He adds that the account, active for some time, usually operated at much lower power. This is not an isolated case. In April, another miner won $218,000 with 1 in 5,000 odds. Another one even overcame 1 in 1.3 million odds. These rare events excite the community, fueling a sometimes nostalgic hope. The magic of solo mining is not dead. It’s just changing form.

Some figures on this exceptional block:

  • 3.15 BTC earned for one single mined block;
  • 3,680 transactions integrated with low network congestion;
  • 261 PH/s of power temporarily mobilized to mine the block;
  • 300th solo block confirmed via CKPool.
  • 0.03% chance of success, about 1 in 3,050.

Bitcoin mining companies are not the only ones winning big. In May, they earned $1.52 billion. A record. This figure reminds us that mining remains a strategic and far from marginal activity. Even for the smallest miners, sometimes, digital gold falls from the sky.

Maximize your Cointribune experience with our “Read to Earn” program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.

Mikaia A. avatarMikaia A. avatar

Mikaia A.

La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.



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