A solo Bitcoin miner earned nearly $200K after mining a block with a $60–$150 Bitaxe device, highlighting the rare but growing success of hobbyist solo mining

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“Growing success” mostly reflects more hobby miners buying tickets: at 995.2 GH/s against roughly 874 EH/s, [the expected wait exceeded 16,000 years](https://twitter.com/Public_Pool_BTC/status/2075431013497356538). Template decentralization starts when Bitaxes build from owners’ nodes via self-hosted Public Pool or DATUM; [block 957,382](https://mempool.space/block/00000000000000000000f4f8c91a6c400c42a40577fafa2ca2231d78f1955424) came through Public Pool’s hosted instance.

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A solo Bitcoin miner earned nearly $200K after mining a block with a $60–$150 Bitaxe device, highlighting the rare but growing success of hobbyist solo mining

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A solo Bitcoin miner earned nearly $200K after mining a block with a $60–$150 Bitaxe device, highlighting the rare but growing success of hobbyist solo mining

Explore the topic

More on Bitcoin Mining

SBI Crypto winds down Bitcoin mining pool with roughly 2% of network hashrate by July 31

Riot reports $33M in initial data center revenue as AMD doubles contracted capacity, signaling shift beyond Bitcoin mining into AI infrastructure - The Block

Core Scientific pivots from Bitcoin mining to AI, converting Texas site into 1.5GW data center campus with 1GW capacity aimed at leasing demand

Compass Mining partners with SpiderPool to offer 1% Bitcoin mining pool fees.

Tether launches MDK, an open-source infrastructure layer built to support Bitcoin mining ecosystem

Reabold Resources draws UK political heat for plan to burn Yorkshire gas — enough for 10% of national energy — on Bitcoin mining

SBI Crypto winds down Bitcoin mining pool with roughly 2% of network hashrate by July 31

Riot reports $33M in initial data center revenue as AMD doubles contracted capacity, signaling shift beyond Bitcoin mining into AI infrastructure - The Block

Core Scientific pivots from Bitcoin mining to AI, converting Texas site into 1.5GW data center campus with 1GW capacity aimed at leasing demand

Compass Mining partners with SpiderPool to offer 1% Bitcoin mining pool fees.

Tether launches MDK, an open-source infrastructure layer built to support Bitcoin mining ecosystem

Reabold Resources draws UK political heat for plan to burn Yorkshire gas — enough for 10% of national energy — on Bitcoin mining

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