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Home»Cryptocurrency & Free Speech Finance»Solo Bitcoin Miner Bags $200k Solo Block with Budget Bitaxe Rig
Cryptocurrency & Free Speech Finance

Solo Bitcoin Miner Bags $200k Solo Block with Budget Bitaxe Rig

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Solo Bitcoin Miner Bags 0k Solo Block with Budget Bitaxe Rig
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A solo Bitcoin miner hit the jackpot and validated a solo block with a single Bitaxe mining rig, marking a rare win that beat massive statistical odds.

The retail Bitcoin miner secured a 3.125 Bitcoin (BTC) block reward, currently worth about $200,000, on Friday at block number 957382, according to blockchain data from mempool.space. 

The miner was using a single Bitaxe mining rig, according to the BTC mining pool Public Pool. That Bitaxe is a budget, lower-power Bitcoin miner that costs less than $200 and has a hashrate of about 1 terahash per second (TH/s), which is a tiny fraction of the global Bitcoin network.

The solo block reward shows that even a sub-$200 investment in a mining rig can lead to a statistically rare payday for retail miners. 

Another solo Bitcoin miner validated a solo block in April, through CKPool’s solo mining service. Earlier in February, another retail miner validated a solo block using rented hashrate from a mining provider, meaning that he didn’t own the physical mining rig that solved the block.

Source: Public Pool

Solo BTC miners bag $4.7 million during the past year

While mining a solo block is statistically rare, this marks the 12th Bitcoin block validated by a hobby-level miner so far in 2026, pushing the past 12 months’ total payouts to more than $4.7 million for retail miners.

Solo block stats, 1-year. Source: Bennet.org 

Solo blocks mined increases by 41% year-over-year, as solo miners validated a total of 24 blocks during the past year, according to solo miner data aggregator Bennet. This brings total rewards paid to solo miners to 75.4 Bitcoin, or $4.7 million, for the past year.

Related: Bitcoin whale moves $188M for first time in 7 years

The average interval for solo Bitcoin blocks stands at 15.2 days, while the longest drought without a successful solo block stands at 58 days.

Magazine: Bitcoin nearing late stages of bear market: Jamie Coutts, Real Vision

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

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