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Hobbyist Miner Beats "1 in 180 Million Odds" to Win $265K Bitcoin Block Using Just One Old ASIC

CoinDesk
A hobbyist Bitcoin miner with very low hash power won a $265,000 block reward, beating odds of 1 in 180 million.

Summary

A lone Bitcoin miner, operating with only about 6 terahashes per second (TH/s) of hash power—an amount equivalent to a single old ASIC—successfully mined a full BTC block on a Friday, earning 3.146 BTC plus fees valued near $265,000. This feat was confirmed by Con Kolivas, creator of the Solo CK pool, who stated the miner had only a one in 180 million chance of solving a block on any given day. The winning miner controlled a minuscule 0.0000007% of the network's total hashpower, which recently reached a record 855.7 exahashes per second. This outcome is considered one of the luckiest solo-mined blocks in recent history, as solo mining success becomes increasingly improbable as the network's overall hash rate grows.

(Source:CoinDesk)