Bitcoin News Today: Solo Miner Beats 1-in-180M Odds to Win $265K Bitcoin Jackpot

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Bitcoin News Today: Solo Miner Beats 1-in-180M Odds to Win $265K Bitcoin Jackpot

Bitget-RWA2025/11/23 02:28

By:Bitget-RWA

- A hobbyist Bitcoin miner using a 6 TH/s setup defied 1-in-180 million odds to earn $265,000 via CKpool's solo mining platform. - The win marked CKpool's 308th solo block since 2014, with the miner's hash rate representing 0.0000007% of Bitcoin's 855 EH/s network. - The achievement highlights Bitcoin's decentralization, as solo miners maintain security despite industrial dominance and bear market conditions. - CKpool's 2% fee model allows solo miners to retain nearly full block rewards, contrasting with t

An amateur

Bitcoin

miner has beaten extraordinary odds to secure a $265,000 block reward using a humble 6 terahash-per-second (TH/s) mining rig—a remarkable accomplishment in a field now dominated by massive mining farms. Utilizing the CKpool solo mining platform, the miner

managed to find a block with odds of just 1 in 180 million

, earning 3.146

BTC

in total rewards and transaction fees. This event marks the 308th solo block discovered through CKpool since it began in 2014, and

the first occurrence of its kind in almost three months

The miner’s equipment, made up of six Bitaxe Gamma units—compact, user-friendly devices each delivering 1.2 TH/s—

accounted for only a tiny sliver of the Bitcoin network’s overall hash rate

. When the block was found, the network’s hash rate was over 855 exahashes per second (EH/s), meaning the miner’s 6 TH/s was just 0.0000007% of the total. This minuscule portion highlights how incredibly difficult solo mining has become in a landscape ruled by large-scale operations.

This accomplishment has drawn praise from the Bitcoin community, with many noting its importance for maintaining network decentralization. "

It’s truly inspiring

," posted Solo Satoshi, a retailer of mining equipment, emphasizing that solo miners are vital to the blockchain’s security. While industrial miners rely on immense computational resources,

individual efforts like this show

that solo participants can still make a meaningful impact on Bitcoin’s security, even if their chances are similar to hitting the jackpot.

This win comes during a broader downturn for Bitcoin, which

has dropped below $90,000

—a 29% decrease from its peak earlier this year. Despite the market’s volatility, the miner’s achievement demonstrates the determination of small-scale miners in an environment increasingly dominated by large institutions. The block reward, worth $265,000 at current rates,

is far above what most hobby miners typically earn

, as they often face losses due to high energy and equipment expenses.

CKpool, the platform that enabled this success, charges a 2% fee for solo mining, allowing miners to keep nearly the entire block reward—unlike traditional pools, which split earnings among participants.

This approach has led to 13 solo blocks being found

just this year, though such wins remain extremely uncommon. For comparison, CKpool users solved only seven blocks in 2022, and

the rate has only seen a slight uptick

in the years since.

Bitcoin News Today: Solo Miner Beats 1-in-180M Odds to Win $265K Bitcoin Jackpot image 0

The miner’s identity is still a mystery, but

technical clues indicate

a setup designed for affordable, home-based mining. The Bitaxe Gamma’s low price—about $100 per device—has made it a favorite among hobbyists who want to participate in Bitcoin’s proof-of-work system without a large upfront investment.

As Bitcoin’s value continues to swing, this solo miner’s story highlights the network’s core values: openness and decentralization. While major operations dominate the mining sector, stories like this prove that with perseverance and a bit of luck, individuals can still achieve significant success in the cryptocurrency world.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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