Independent Bitcoin miner wins $365,000 prize
An independent Bitcoin miner struck "the lottery" by successfully mining a block on Sunday, a rare achievement in an industry currently dominated by large corporations.
The achievement of the independent miner
This miner successfully solved block 910,440 of the Bitcoin blockchain, earning a reward of 3.137 $BTC , equivalent to about $365,000. This individual used the Solo CKPool service, which allows independent miners to connect to the network without needing to run their own node.
In the context of an increasingly competitive Bitcoin mining industry focused on large companies such as Foundry, MARA, or Luxor, it is a special event for an independent miner to win a significant prize.
Context of the Bitcoin mining industry
The Bitcoin mining industry has changed significantly from its early days. Previously, individuals could mine Bitcoin using laptops. However, as network difficulty increased, mining coins now requires industrial-scale mining farms with thousands of expensive specialized computers.
Due to high operational costs and volatile Bitcoin prices, mining companies often have to sell off Bitcoin or pivot to other areas, such as providing AI data center services, to maintain operations. This event once again demonstrates that despite difficulties, opportunities still exist for independent players in this market. #anh_ba_cong