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Solo Bitcoin Miner Hits Rare 3.125 BTC Jackpot With Rented Hashrate

Cointelegraph
A solo Bitcoin miner earned a rare 3.125 BTC reward, worth about $200,000, by renting computing power.

Summary

A solo Bitcoin miner achieved a rare success by validating an entire block (938092), securing a reward of 3.125 BTC, valued around $200,000. The miner utilized a hobby-level operation, relying on on-demand hashrate rented via the CKPool service. This involved spending approximately 119,000 satoshis (about $75) to rent 1 petahash per second of computing power. On-demand hashrate is a cloud-based method allowing individuals to rent power without owning hardware. While solo wins are statistically rare, 21 such blocks were found in the past year, totaling 66 BTC. Separately, Bitcoin mining difficulty recently climbed 15% following an earlier drop caused by severe US winter storms.

(Source:Cointelegraph)