Home / News / Crypto / Bitcoin (BTC) / Solo Bitcoin Miner Strikes Digital Gold and Lands $250K Block Reward
Bitcoin (BTC)
2 min read

Solo Bitcoin Miner Strikes Digital Gold and Lands $250K Block Reward

Published
Prashant Jha
Published
By Prashant Jha
Edited by Insha Zia

Key Takeaways

  • A solo Bitcoin miner successfully mined block 888737, earning 3.125 BTC.
  • The home mining setup, which cost around $2,500, consisted of Apollo miners and a Bitmain S19Kpro.
  • While hitting a solo mining jackpot is rare, it remains an enticing possibility for independent miners.

In a world dominated by industrial-scale Bitcoin mining operations, one independent miner has defied the odds.

Using a modest home mining setup that cost just $2,500, the solo miner successfully mined block 888737—earning a 3.125 BTC reward worth roughly $250,000.

A Solo Miner’s $2,500 Bet Pays Off

The miner’s setup included four machines: BTC Apollo Full Node, BTC Apollo Standard, BTC Apollo II Standard and a Bitmain S19Kpro.

This mix of machines operated with varying levels of efficiency, with the Bitmain miner running at a higher hash rate during colder months.

“I usually have the Apollo Miners set on efficiency mode around 10TH. During the colder months, I run the SK19Pro at 60TH during the day and 100 at night,” the miner explained.

The moment of realization came unexpectedly.

“I scrolled through the Apollo website on my phone, still in the comfort of my bed,” the miner wrote. “I looked at the SOLO Mining User’s panel. What appeared next stopped me cold.”

A quick check on the BlueWallet app confirmed they had struck gold, solving a Bitcoin block on their own.

Solo Mining Is a Gamble, but the Payoff Can Be Euphoric

Solo mining was once the norm, with early Bitcoin adopters mining blocks from their home computers.

However, as Bitcoin’s value soared, mining became an industrial-scale operation.

Today, the network is dominated by massive mining farms equipped with the latest high-powered rigs, making solo mining an increasingly rare feat.

Bitcoin mining difficulty.
Bitcoin network difficulty. Source: CoinWarz

With Bitcoin mining difficulty at record highs, the odds of an individual miner solving a block are incredibly slim.

Most home miners opt to join mining pools, where they contribute hash power in exchange for a more predictable share of rewards rather than taking an all-or-nothing approach.

Yet, moments like this prove that solo mining, while impractical for most, can still deliver huge rewards, if luck is on your side.

Was this Article helpful? Yes No
Prashant Jha is a seasoned crypto journalist based in Delhi, India, with a Bachelor’s Degree in Computer Science Engineering. Passionate about the evolving world of blockchain and cryptocurrencies, he has been a dedicated voice in the industry since 2018. Prashant’s expertise lies in regulatory reporting, where he unravels complex legal and financial developments with clarity and precision. Before joining CCN in 2024, he honed his craft at Cointelegraph, establishing himself as a trusted name in crypto journalism. His coverage spans major industry events, including the high-profile collapses of FTX, Three Arrows Capital (3AC), and LUNA, offering readers insightful analyses of their regulatory and market implications. Prashant’s technical background enables him to bridge the gap between intricate blockchain technology and its real-world applications, making his work accessible to novices and experts. Beyond his professional pursuits, Prashant is an avid music enthusiast, often exploring diverse genres to unwind. A sports lover, he has a particular passion for cricket and frequently engages in discussions about the game. His multifaceted interests and sharp journalistic instincts make him a valuable contributor to CCN, where he continues shaping the crypto landscape's narrative.
See more
loading
loading