A Rare Victory in Bitcoin: Lucky Miner Hits $360,000 Jackpot!
A Bitcoin (BTC) miner won over $360,000 in rewards thanks to a rare block they solved on their own.
In an event that took place last weekend, an independent Bitcoin miner solved block number 910,440 and earned 3.137 BTC in return. At that time, the price of Bitcoin was around $115,000, making the total value of this reward exceed $362,000.
The miner operated through CKpool. This platform allows users to contribute hash power to the system without joining large pools. The miner, using approximately 9 petahash/second of power, had a daily block-solving probability of only 1 in 800. CKpool administrator Con Kolivas noted that this was only the 305th solo block solution since 2014. This highlights how rare such achievements are compared to industrial-scale mining today.
Risk and Reward Balance in Solo Mining
While solo mining ensures that all rewards go to a single person, the chance of success is extremely low. Due to the increasing network difficulty of Bitcoin, miners working alone may go weeks or even months without earning. In contrast, pool mining provides more stable income, although it offers lower rewards, because earnings are shared among thousands of participants.
Rare Opportunities for Small Players
Today, large mining companies operating in the U.S., Kazakhstan, and China control a significant portion of block production. However, this event showed that the Bitcoin protocol can still offer a chance to small miners. This miner, trying their luck, became the owner of a significant prize as if they had won the lottery.$BTC
