A Bitcoin miner rented $75 price of hash energy and earned a $200,000 BTC reward by discovering a block.
Primarily based on present Bitcoin mining dynamics, such an occasion is more likely to occur solely as soon as each 21 years.
Collaborating in solo Bitcoin mining has been likened by specialists to “taking part in the lottery.”
A Bitcoin miner that rented $75 of mining energy defied the chances by discovering a solo block reward, incomes greater than 3.1 BTC price round $200,000 early Tuesday.
The person rented the minimal 1 Petahash/s (PH) of hash energy through Braiins hash energy market, which permits customers to lease Bitcoin mining capability immediately from the corporate with no need to put in or function any bodily {hardware} themselves.
Primarily based on the present hash price of the Bitcoin community, at that mining capability, a hit would solely happen roughly each 1 out of 1.1 million blocks, or about 21 years’ price of mining, in accordance with estimates from SoloChance.com.
💥BREAKING
A miner simply discovered a 3.125 BTC block utilizing on-demand hashrate.
Solo mining wins are uncommon, as most Bitcoin blocks are discovered and awarded to massive mining swimming pools which have devoted large quantities of computational energy to fixing cryptographic puzzles, which underpin Bitcoin’s public ledger and community.
However the act, likened by specialists to “taking part in the lottery,” has supplied a handful of jackpot winners of late. In January, two solo Bitcoin miners pulled in additional than 3.1 BTC in respective rewards price round $300,000 on the time. In December, one other miner beat the chances, scoring a reward of greater than $282,000 primarily based on BTC’s value at the moment.
The feats are much more spectacular when you think about the rising hashrate, or the whole computational energy of the community, which is above 1.1 Zhash/s on common per day in accordance with information from Bitinfo. At the moment final yr, the community’s total computational energy was round 730 Ehash/s—about 61% of its present capability.
That rising share could also be coming from miners in China or elsewhere, as North American mining swimming pools noticed a declining share of computation energy in 2025. A portion of that decline could be attributed to swimming pools and miners that had beforehand been targeted on mining BTC shifting their consideration to rising demand for AI compute.
For instance, publicly traded Bitcoin miners like Bitfarms are utterly winding down their mining operations, whereas others like Riot Platforms are being urged by buyers to capitalize on alternatives in AI.
A consultant for Braiins didn’t instantly reply to Decrypt’s request for remark.
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