In an extraordinary turn of events, a solo Bitcoin miner secured a block reward worth $266,000, defying astronomically low odds to mine Bitcoin’s 924,569th block. This achievement has captivated the crypto community, as it underscores the possibilities for individual miners in an era dominated by massive mining pools.
3.15 Bitcoin Earned with Minimal Resources
The lucky miner earned approximately 3.146 BTC, which combines the 3.125 BTC standard block reward with additional transaction fees contained within the block. In total, this considerable payout amounts to $266,000, a jackpot for a solo effort.
What makes this story even more fascinating is the relatively modest hardware the miner used. Industry observers suggest they might have relied on a Bitaxe Gamma, a compact and affordable mining rig for hobbyists. These machines, retailing for around $100, operate at a hash rate of roughly 1.2 terahashes per second (TH/s). Despite its limited computing power, this rig successfully outpaced the global network of professional, high-powered mining setups to secure the reward.
Beating the 1-in-100,000 Odds
According to CKPool, a popular resource for solo miners, the odds of succeeding with such a setup are less than one in 100,000 per day. CKPool enables solo miners to contribute to blockchain security while chasing improbable wins. This win is part of an uptick in success among solo miners in 2025, lending a sense of optimism to Bitcoin enthusiasts who cannot afford industrial-grade mining equipment.
Even though the odds are akin to winning the lottery, these wins show that solo mining is not entirely out of reach. As the miner’s success story reveals, even an entry-level machine can secure a reward with perseverance—and a pinch of luck.
Why Solo Mining Matters
Bitcoin mining typically involves large pools where contributors combine computational resources in exchange for proportional rewards. Solo mining, on the other hand, is an individual effort that requires patience and operates outside large-scale setups. While the majority of Bitcoin’s mining power lies in vast mining farms, solo mining contributes significantly to Bitcoin’s decentralization, strengthening the blockchain’s resilience against centralized control.
“Another block for the plebs,” said @Bee_Evolved on X, celebrating the miner’s success. “Stop telling yourself it can’t be yours; this is living proof that you can do it.”
The Role of Hobbyist Mining Rigs
The Bitaxe Gamma, believed to be the rig used in this instance, highlights how technology has advanced accessibility in mining. Designed to be compact and user-friendly, this affordable mining rig represents a gateway for enthusiasts to participate in the network without breaking the bank. Interested in starting your solo mining journey? Check out the Bitaxe Gamma mining rig here.
While luck played a significant role in this miner’s success, Bitcoin’s proof-of-work mechanism ensures that every participant in the network contributes to its security. Whether for the thrill of potentially winning or to support a decentralized network, solo mining is more than just a hobby—it’s part of the technology’s foundational ethos.
With only 13 solo mining wins recorded this year, this story serves as inspiration for anyone considering becoming part of Bitcoin’s decentralized community. Who knows? The next jackpot could be yours.
