Solo Bitcoin Miner Strikes Luck, Winning $266,000 with Low Hash Power
News

Solo Bitcoin Miner Strikes Luck, Winning $266,000 with Low Hash Power

A solo Bitcoin miner has achieved a remarkable feat by earning 3.146 BTC valued at $266,000 with minimal computational power, defying the odds.

A solo Bitcoin miner struck gold on Friday, managing to earn 3.146 BTC worth approximately $266,000 after solving block 924,569 with significantly less computational power than typical.

Operating with a hash rate of just 1.2 TH/s, the miner utilized a hobbyist machine, which is a mere fraction compared to the expansive operations often found in the industry that utilize exahashes.

Con Kolivas, the creator of CKpool, made the announcement on X, expressing congratulations to the “extremely lucky” miner and highlighting the incredible improbability of achieving such a feat, with odds estimated at 1.2 million to one at the reported hash rate.

From the block subsidy, the miner was awarded 3.125 Bitcoin and an additional 0.021 BTC in transaction fees, totaling just above 3.146 BTC, as indicated by onchain data.

CKpool creator announces win on X. Source: CKpool creator announces win on X. Source:

Related: Bitcoin ASIC producer Bitmain under US investigation over national security risks: Report

Solo Bitcoin Miners Experience More Success in 2025

Despite the prevalence of industrial mining, 2025 has proven to be a successful year for solo miners. According to Mempool Space, 13 solo-mined blocks have been discovered through CKpool this year, averaging over one per month.

Last month, a solo Bitcoin miner secured a reward of $347,455 after independently solving block 920,440, receiving 3.125 BTC and transaction fees alone. Earlier, another miner with 2.3 PH/s claimed an entire block reward in July, while other notable wins were also seen in previous months.

Related: Bitcoin miner HIVE shares boost 7.5% on record quarterly revenue

Bitcoin Miners Shift Focus Towards AI

As the latest halving has tightened profit margins, major miners are exploring alternative revenue streams beyond traditional Bitcoin mining. CleanSpark has initiated a change towards AI-centric data center infrastructure, resulting in a 13% rise in stock price post-announcement in October.

TeraWulf aims to raise $500 million through a convertible note offering to finance a new data center campus in Abernathy, Texas.

Magazine: 2026 is the year of pragmatic privacy in crypto — Canton, Zcash and more

Next article

Bitcoin ETFs Experience $238 Million Inflows as Ether ETFs End Outflow Period

Newsletter

Get the most talked about stories directly in your inbox

Every week we share the most relevant news in tech, culture, and entertainment. Join our community.

Your privacy is important to us. We promise not to send you spam!