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    Home»Cryptocurrency»Solo Miner Defies Odds After Mining Bitcoin Block Earning Over $330K
    Cryptocurrency

    Solo Miner Defies Odds After Mining Bitcoin Block Earning Over $330K

    Team_SimonCryptoBy Team_SimonCryptoJune 5, 2025No Comments3 Mins Read
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    A solo Bitcoin miner has efficiently validated a block on the Bitcoin community, incomes a reward value over $330,000.

    Recognized as Solo CK, the person mined Bitcoin block #899826 on June 5 at 04:48:18 UTC.

    $330K Mining Reward

    On-chain data from mempool exhibits that the reward included the usual block subsidy and 0.026 BTC in transaction charges. This introduced the miner’s whole earnings to roughly $330,386 based mostly on present market costs.

    The block itself measured 1.66 megabytes in dimension and weighed 3.99 megawatt items (MWU). The hash for the efficiently mined block was “000000…d1f8bb3,” with the transaction charges alone being value round $2,761.

    Impartial Bitcoin mining success stays extraordinarily uncommon because of the excessive computational energy wanted to validate a block. Most of such actions at this time are achieved by large-scale operations utilizing warehouses crammed with specialised mining tools. Many of those operations are run by corporations publicly listed on U.S. inventory exchanges like Bit Digital, Riot Blockchain, and Marathon Digital.

    As of June 5, data from YCharts reveals that the Bitcoin Community Hash Fee stands at 795.35M. This determine is down from 908.97M yesterday and up by over 40% one yr in the past. The next hashrate means elevated competitors, larger power calls for, and longer verification and transaction instances.

    These circumstances make it tougher for particular person miners to succeed with out pooled assets. Moreover, Bitcoin mining turns into more and more onerous and energy-intensive over time, requiring larger assets to stay efficient.

    1 in 1.6 Million Odds

    Specialists estimate the chances of an unbiased miner efficiently validating a block utilizing their very own {hardware} to be roughly 1 in 1.6 million. Statistically, this implies a single particular person would anticipate to unravel one block each 31 years.

    Regardless of the lengthy odds, solo contributors sometimes obtain success, as seen within the latest case of Solo CK. A number of different people have additionally managed to mine a Bitcoin block on their very own.

    In February 2025, one such consumer mined Block 883,181, earning 3.158 BTC value $310,000 on the time. On April 29, 2024, one other solo operator validated Block 841,286 and received the complete 3.125 BTC reward value roughly $200,000. In July of the identical yr, a BitAXE gadget with a hashrate of simply 500 gigahashes per second (Gh/s) efficiently mined Block 853,742, securing a Bitcoin reward of $206,000.

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