Another solo Bitcoin miner defied the odds last week, processing a block and bagging a 3.125 BTC reward. At the time—including the transaction fees—that was a $259,637 payday. And it was one of several such solo scores in recent months.
Was the miner lucky? Is solo mining becoming more common? And can an average Joe hook up a hobby mining machine and succeed with minimal resources compared to publicly traded miners?
The answers vary. Solo miners, a term used to describe everything from individual hobby miners to groups that prefer to operate privately and discreetly, are succeeding more often, although not dramatically so—and the totals are unlikely to spike significantly.
SOLO BLOCK FOUND! pic.twitter.com/R0rRHW2wrb
— Solosatoshi.com™⚡️ (@SoloSatoshi) March 29, 2025