todayonchain.com

Lucky solo bitcoin miner beats 1-in-82-year odds to win $285,000 block reward

The Block
A solo Bitcoin miner using CKpool software won the entire $284,633 block reward, beating odds estimated at 1 in 30,000 per day.

Summary

A solo Bitcoin miner successfully mined block 927,474 late Thursday, securing the full reward of 3.133 BTC, valued at $284,633, which included the block subsidy and transaction fees. CKpool developer Con Kolivas noted that a miner of this size (270 TH/s) has a 1 in 30,000 chance of solving a block daily, equating to odds of roughly once every 82 years. The miner's hashpower represented about 0.00002% of Bitcoin's total network hashrate at the time. While most small miners join pools for steady income, some attempt solo mining for the chance at a massive, lottery-like payout. This is not the first such lucky win, as another solo miner with a tiny hash rate recently won a $265,000 reward despite odds of 1-in-180 million.

(Source:The Block)