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Solo Miner Strikes Bitcoin Block, Earns $222,000

Solo Miner Strikes Bitcoin Block, Earns $222,000

A solo miner with a hashrate of merely 70 TH/s successfully mined block #944,306 on the Bitcoin network. The reward amounted to 3.128 BTC ($222,074).

Source: mempool.space.

The participant also received an additional 0.003 BTC ($212) in transaction fees. The block contained 6,755 transactions. 

CKPool administrator Con Kolivas stated that the chance of generating a blockchain unit with such equipment is approximately 1 in 100,000 per day. On average, a similar result occurs once every 300 years of continuous operation.

“Congratulations to miner bc1q~edvj with a power of only 70 TH/s for solving the 313th solo block on eusolo.ckpool.org!” he wrote. 

This hashrate is equivalent to a Bitmain Antminer S17+ mining device from 2019. The equipment of the fortunate user constitutes approximately 0.0000069% of the total Bitcoin network hashrate. 

This marks the second instance this month of a solo miner successfully mining a block. On April 3, a CKPool participant with a power of 230 TH/s earned 3.139 BTC (around $210,000). However, such occurrences remain rare. 

According to Bennet, over the past year, solo miners have found only 22 blocks, earning 69.24 BTC. 

Source: Bennet. 

In the first quarter of 2026, the Bitcoin network’s hashrate declined by 6% — from 1066 EH/s to 1004 EH/s.

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