Bitcoin News Update: Decentralization Scores Big with $265K Solo Miner Victory

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Bitcoin News Update: Decentralization Scores Big with $265K Solo Miner Victory

Bitget-RWA2025/11/23 22:54

By:Bitget-RWA

- 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

Bitcoin

miner has beaten overwhelming odds to earn a block reward valued at about $265,000, utilizing a small-scale mining device typically favored by enthusiasts

according to reports

. This accomplishment, verified by blockchain analytics services and social media accounts that monitor solo mining, highlights the enduring interest in solo participation within Bitcoin’s decentralized ecosystem, even as large-scale mining operations dominate

as data shows

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

odds of less than 1 in 100,000

per day, based on CKPool statistics. The payout included 3.125 Bitcoin (BTC) from the block subsidy and an additional 0.021 BTC in transaction fees, totaling 3.146 BTC. At present market rates,

this amounts to nearly $266,000

While such achievements are uncommon, they have become a bit more frequent in 2025.

CKPool has documented 13 solo-mined blocks

so far this year, averaging about one every three weeks. In a separate event last November, a miner with 6 TH/s—just 0.0000007% of Bitcoin’s total network hashpower—also succeeded, with the probability described as

1 in 180 million per day

. These stories illustrate

the increasing attainability of solo mining

, though the risks are comparable to playing a high-stakes lottery.

Bitcoin News Update: Decentralization Scores Big with $265K Solo Miner Victory image 0

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,

individual miners help strengthen decentralization

by spreading out hashpower. “Another block for the plebs,” posted Bee Evolved,

pointing out that these successes

are within reach for persistent solo miners.

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.

To put it in perspective, a miner running at 126 TH/s

—considered a significant setup for solo mining in 2022—would face odds of 1 in 1.3 million. The recent wins at 1.2 TH/s and 6 TH/s are

rare events that demand both expertise

and a great deal of luck.

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,

the most recent solo mining windfall

stands as proof that, in the crypto world, even small-scale participants can sometimes hit the jackpot.

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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