An Almost Impossible Event Occurred in Bitcoin: Solo Miner Mined a BTC Block with a Single Device – Here’s How Much Money He Made

A rare event has occurred on the Bitcoin network. An independent miner with just 200 TH/s of processing power has successfully solved Bitcoin block number 913,593, earning a total reward of 3,129 BTC (approximately $347,980). The block reward consisted of 3.125 BTC block subsidies ($347,509) and 0.004 BTC transaction fees ($471). CKpool developer Con Kolivas argued that solving a block with such low processing power is statistically nearly impossible: “The probability of a miner with 200 TH/s solving a block each day is 1 in 36,000, or approximately 1 in 100 years.” Related News: Analysis Firm Warns, Reveals Expectations for Bitcoin and Altcoins! "Pay Attention to US Inflation Data!" This processing power is equivalent to just one 2024 Bitmain Antminer S21. The miner's hashrate is only 0.00002% of the Bitcoin network's total processing power of 1.04 ZH/s. For comparison, major publicly traded mining companies MARA operate at 59.4 EH/s and IREN at 50 EH/s. Bitcoin's total processing power has recently surpassed 1 ZH/s, reaching record levels. Due to rising difficulty, falling fees, and shrinking revenues, small-scale miners often opt for stable returns by joining pools. However, this incident has once again demonstrated that solo mining, while rare, can be a lottery. *This is not investment advice. Continue Reading: An Almost Impossible Event Occurred in Bitcoin: Solo Miner Mined a BTC Block with a Single Device – Here’s How Much Money He Made