# **Solo Bitcoin Miner Bags $310K Bitcoin**

A lone Bitcoin (BTC) miner has broken the record by mining a block and bagging 3,125 BTC without the help of large corporate resources. The anonymous miner processed Bitcoin block 883,181 containing 3,071 transactions.

The total win for the miner was 3,158 BTC or $310,000 at an average price of $98,300 per coin. Although it is not known how the miner managed to mine the block.

Meanwhile, Bitcoin mining is getting harder and requires more energy as time goes on. Most blocks are mined by large industrial operations run by corporations.

The chances of a lone miner succeeding are very small, similar to winning the lottery. This is becoming increasingly rare as Bitcoin mining is dominated by large mining pools.

-# Image Source: Bloomberg

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