Solo Miner Mines Bitcoin Block, Gets $350,000 Reward

An incredibly lucky Bitcoin miner managed to find block 913,593 on his own and received a reward of $347,000 in BTC for it.

Bitcoin Block #913 593

It happened at the moment when hashrate Bitcoin, which measures the network’s total computing power, has reached another record high.

The high hashrate, approaching 1 zettahash, makes it extremely difficult to mine a block alone. Block 913,593 was mined by a non-profit pool called SoloSK, which provides independent miners with the necessary infrastructure.

This pool allows solo miners to avoid running a full Bitcoin node, eliminating the need for large storage and high throughput. Its users are required to pay a 2% fee to ensure the smooth operation of the pool.

If ten years ago solo mining was very effective, now its use for mining a block can be compared to playing the lottery. According to statistics, a solo miner managed to find one block approximately once every 88 years.

Our lucky miner managed to get a block reward of 200 terahash per second (TH/s), probably using an Avalon Mini 3 37.5T. And that’s a statistical miracle.

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