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Ever dreamt of striking crypto gold? Well, one lucky solo Bitcoin miner just did – and they did it with a tiny, budget-friendly mining rig. Against all odds, this miner managed to solve a Bitcoin block, earning a whopping $263,000 reward. That makes them the 297th person to ever achieve this feat using solo.ckpool.
A miner of this size has only less than a 1 in a million chance of finding a block per day, or put alternatively, would take 3500 years to find a block on average.
— Dr -ck (@ckpooldev) March 10, 2025
What Kind of Gear Did This Miner Use?
Brace yourself – no industrial mining farm here! The miner used a Bitaxe, a small but mighty device that generates 480 Gigahashes per second (GH/s).
For perspective, major mining companies deploy rigs boasting 230,000 GH/s or more. In other words, this lucky miner was running with a tiny fraction of the power used by the big leagues.
According to Con Kolivas from solo.ckpool:
“A miner of this size has a less than 1-in-a-million chance of finding a block each day. Statistically, it should take around 3,500 years for a machine like this to hit the jackpot.”
So yeah, this was basically the crypto version of winning the lottery – a fun little side project that miraculously turned into a six-figure payday.
How Much Bitcoin Did They Earn?
This miner walked away with 3.15 BTC, which breaks down as follows:
- 3.125 BTC from the standard block subsidy
- 0.025 BTC from included transaction fees
Is It Worth Getting into Bitcoin Mining?
If you’re living in a place like the UK, the honest answer is: probably not.
Bitcoin mining profitability depends heavily on electricity costs, and in most parts of the world, running a large-scale mining operation just isn’t worth it.
Still want to give it a shot? Consider it a fun experiment – kind of like buying a lottery ticket.
For example, you can pick up a Bitaxe Gamma 601 for $158, according to ASIC Miner Value. This model is actually three times more powerful than the one used by our lucky miner.
But Let’s Be Real…
Solo miners almost NEVER find a block. The odds are insanely low. But with so many people trying, every once in a while, somebody beats the odds and hits the jackpot.
Could you be next?
