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Hobbyist solo miner scores a full Bitcoin block worth $270,000 despite 1 in 180 million odds — 3.146 Bitcoins mined by a single low-powered 6 TH/s ASIC with about 0.0000007% of the network’s hashrate

Source

Tom's Hardware

Published

TL;DR

AI Generated

A hobbyist solo miner with a low-powered 6 terahashes per second ASIC managed to mine a full Bitcoin block worth $270,000, despite having only 0.0000007% of the network's hashrate. The miner's success, with odds of 1 in 180 million, highlights the rarity of small operators achieving such feats in today's high-difficulty mining environment. By utilizing CKpool's infrastructure, the miner retained the full block reward, showcasing the potential for solo mining success even though it remains a speculative endeavor. This win marks the 308th block mined through CKpool since 2014, emphasizing the diminishing likelihood of such occurrences as the Bitcoin network's hash rate continues to rise.