Solo Bitcoin Miner Defies 1-in-28,000 Odds to Win $210,000 Block Reward

An anonymous solo bitcoin miner defied 1-in-28,000 odds to successfully validate a block.

“Solo bitcoin miner overcomes 1-in-28,000 odds to secure $210,000 block reward The win landed the same week listed miners Riot, MARA, and Genius Group disclosed selling more than 19,000 BTC from their treasuries”

@coindesk

The miner operated through solo.ckpool.org, which lets operators keep full block rewards minus a 2% fee.

@coindesk

CKpool developer Con Kolivas confirmed the odds of 1 in 28,000 for a miner of this size.

The 230 terahash rig represented about 0.00002% of bitcoin's total network hashrate.

This was the 312th solo block since CKpool's inception, ending a 33-day drought.

The miner earned 3.139 BTC, including subsidy and transaction fees.

Riot Platforms runs over 30 exahashes, 130,000 times the hashrate of this solo miner.

Cryptonews.net

The win came the same week Riot, MARA, and Genius Group sold over 19,000 BTC from treasuries.

CKpool solo miners have won a total of 5,553 BTC since 2014, worth about $511 million.

Experts emphasize the extreme improbability of solo mining success.

“En Resumen - Un minero solitario obtuvo 3,13 BTC valorados en $282”

Decrypt

Solo pools have found just 20 bitcoin blocks over the past 12 months.

The Block highlighted this as a high-risk gamble with unclear objectives.

Wu Blockchain said the event underscores the enduring possibility for individual participants to compete.