Bitcoin News Update: Decentralization Scores Big with $265K Solo Miner Victory
- A solo Bitcoin miner earned $265,000 by solving block 924,569 using a 1.2 TH/s Bitaxe Gamma rig, defying 1-in-100,000 odds. - 2025 saw 13 solo-mined blocks, including a 6 TH/s win with 1-in-180 million daily odds, highlighting growing but risky accessibility. - Experts warn solo mining remains niche as Bitcoin's 855.7 EH/s network hash rate makes individual success statistically negligible. - The win underscores Bitcoin's decentralized appeal, though industrial dominance and halving events will likely sh
An individual
The miner, reportedly using a Bitaxe Gamma machine with a hash rate of 1.2 terahashes per second (TH/s), managed to solve block 924,569 and claim the reward. This outcome represents
While such achievements are uncommon, they have become a bit more frequent in 2025.
The Bitaxe Gamma, a small and budget-friendly mining rig costing less than $100, has become a symbol of Bitcoin’s grassroots possibilities. Although major mining pools control much of the network,
Still, industry experts warn that solo mining is a niche activity. With Bitcoin’s network hash rate recently exceeding 855.7 exahashes per second, the chances for individuals are extremely slim.
As Bitcoin’s halving events continue to decrease block rewards, the debate over the roles of individual versus industrial miners in decentralization is likely to persist. For now,
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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