A solo miner managed to mine Bitcoin block #927474 and received 3.133 BTC, equivalent to $284,661. To achieve this, the miner used just three devices with a total hashrate of 270 Th/s, connecting to the CKpool solo mining pool. Such an event is extremely rare and attracts attention from both newcomers and experienced participants in the market.
Solo Bitcoin Mining: What It Is and How It Works
Solo mining is a method of mining Bitcoin where the miner works independently rather than as part of a large pool. In this case, the miner connected to CKpool, which allows users to participate in solo mining even with relatively low hashrate. This approach carries high risks: the chances of finding a block alone are extremely low, but the entire block reward goes to the individual miner.
Mining Block #927474: Details and Reward
The miner succeeded in adding block #927474 to the Bitcoin blockchain, for which they received 3.133 BTC. Of this amount, 3.125 BTC was the standard block reward ($283,971), and 0.008 BTC ($689) came from transaction fees included in the block. The total reward amounted to $284,661, the result of a fortunate coincidence and significant luck.
Technical Specifications of the Miner’s Equipment
All computing power was distributed across three devices, each providing about 90 TH/s. This performance matches that of popular ASIC miners like the Bitmain Antminer S19 with air cooling. This equipment is considered among the most efficient for mining Bitcoin in home or small industrial settings. See also: Solo Miner Finds Bitcoin Block and Earns Around $260,000
Probability and Rarity of a Solo Miner Finding a Block
The chance of finding a block with 270 Th/s is about 1 in 30,000 per day, making such events extremely rare. According to The Block, such luck might occur once every 82 years. However, there have been even more unusual cases: for example, in July 2024, a solo miner with just 3 Th/s also mined a block, despite having odds of 1 in 1.2 million.
Why This Matters
For Russian miners, this story shows that even with relatively modest hashrate, there is still a chance to earn a significant reward. However, one should not count on such success—these cases are extremely rare and depend primarily on luck. Nevertheless, this example confirms the possibility of participating in mining without massive investments in equipment.
What Should You Do?
- Assess your capabilities and risks: solo mining can bring substantial income, but the odds of success are very low.
- Use reliable equipment, such as ASIC miners like the Bitmain Antminer S19, if you decide to try solo mining.
- Consider joining pools that support solo mode, so you’re not entirely dependent on your own infrastructure.
- Don’t forget to factor in electricity and maintenance costs when planning your mining activities.
