{"id":26164,"date":"2025-08-18T15:10:03","date_gmt":"2025-08-18T12:10:03","guid":{"rendered":"https:\/\/forklog.com\/en\/solo-miner-strikes-bitcoin-block-earns-371000\/"},"modified":"2025-08-18T15:10:03","modified_gmt":"2025-08-18T12:10:03","slug":"solo-miner-strikes-bitcoin-block-earns-371000","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/solo-miner-strikes-bitcoin-block-earns-371000\/","title":{"rendered":"Solo Miner Strikes Bitcoin Block, Earns $371,000"},"content":{"rendered":"<p>On August 17, a solo miner independently mined block #910,440 on the Bitcoin network, earning 3.137 BTC (~$371,576) in rewards and fees. This was reported by CK Pool administrator Con Kolivas.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Congratulations to miner bc1q~nwsgdw0wfh4trqal69fz with 9PH for solving the 305th solo block at <a href=\"https:\/\/t.co\/UWgBvLk5AE\">https:\/\/t.co\/UWgBvLk5AE<\/a>! A miner of this size has about a 1 in 800 chance of solving a block per day.<a href=\"https:\/\/t.co\/6WKLc4IshW\">https:\/\/t.co\/6WKLc4IshW<\/a> <a href=\"https:\/\/t.co\/Z0OSzvBCFs\">pic.twitter.com\/Z0OSzvBCFs<\/a><\/p>\n<p>\u2014 Dr -ck (@ckpooldev) <a href=\"https:\/\/twitter.com\/ckpooldev\/status\/1957025456709886189?ref_src=twsrc%5Etfw\">August 17, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to him, the miner was using equipment with a hash rate of 9 TH\/s. The probability of such an event is approximately 1 in 800 per day.<\/p>\n<p>The block contained 4,900 transactions, about 3,300 of which had a fee of less than a satoshi per virtual byte (sat\/vB). The additional income from these operations amounted to only 0.0018 BTC (~$220) \u2014 0.06% of the block reward.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/AD_4nXcMJRykG3wX4AERBsxbTKMl_ssbx37kkZcge-1XIM_WKr7i5XUqr-csxr0oCxE-7Ps0zMEH5mbzvfLU6C-J7pG0Sp7QXkv3Kd9gG8X1czOoK0RY2Im5MllmEQi4hsHWFRqGpWVKig.webp\" alt=\"Solo miner earns $371,000 by mining a Bitcoin block\" class=\"wp-image-264106\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/mempool.space\/ru\/\">mempool.space<\/a>.<\/figcaption><\/figure>\n<p>Each such transaction created new <span data-descr=\"Unspent transaction output, unspent transaction output\" class=\"old_tooltip\">UTXO<\/span>, increasing the network load without significant benefit to the miner.<\/p>\n<p>Kolivas noted that including low-fee transactions was an experiment. Network participants like F2Pool have already started processing them, and abandoning this practice put solo miners at a disadvantage in mining new blocks.<\/p>\n<p>The creator of CK Pool concluded that the potential damage from the mass creation of new UTXOs outweighs the &#8220;insignificant financial benefit.&#8221; The pool will now only monitor such transactions but not include them in blocks.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;For transactions with such low fees to become somewhat significant for mining pools, the block reward would have to decrease to extremely low levels. I would only consider them if they increased income by at least 1%. However, this would require the total block reward to fall below 0.2 BTC \u2014 a level we are unlikely to reach in the coming decades,&#8221; the expert emphasized.<\/p>\n<\/blockquote>\n<p>Kolivas urged other pools to reconsider their policies, as such transactions could negatively impact the fee structure in the long term.<\/p>\n<h2 class=\"wp-block-heading\">Community Reaction<\/h2>\n<p>Users <a href=\"https:\/\/x.com\/philip_dath\/status\/1957260507616068030\">thanked<\/a> the creator of CK Pool for the analysis. Fedora project founder Warren Togami called UTXO expansion &#8220;a negative factor that most have ignored for years.&#8221;<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">UTXO expansion is a negative externality that most people have ignored all these years. Mining UTXO expansion at a too-low fee privatizes gain while socializing the cost to everyone else.<\/p>\n<p>Thank you for taking the time to analyze and to raise awareness of the issue.<\/p>\n<p>\u2014 Warren Togami (@wtogami) <a href=\"https:\/\/twitter.com\/wtogami\/status\/1957304460809474218?ref_src=twsrc%5Etfw\">August 18, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Mining blocks that increase UTXO at too low a fee privatizes profit while passing costs onto everyone else,&#8221; he wrote.<\/p>\n<\/blockquote>\n<p>On July 27, another solo miner <a href=\"https:\/\/u1f987.com\/en\/news\/solo-miner-earns-372773-for-bitcoin-block-discovery\">managed<\/a> to earn $372,773 by mining block #907,283.<\/p>\n<p>On August 15, the company GoMining <a href=\"https:\/\/u1f987.com\/en\/news\/gomining-predicts-renewed-bitcoin-mining-hype\">predicted<\/a> a new hype around Bitcoin mining.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On August 17, a solo miner independently mined block #910,440 on the Bitcoin network, earning 3.137 BTC (~$371,576) in rewards and fees. This was reported by CK Pool administrator Con Kolivas. Congratulations to miner bc1q~nwsgdw0wfh4trqal69fz with 9PH for solving the 305th solo block at https:\/\/t.co\/UWgBvLk5AE! A miner of this size has about a 1 in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":26163,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1137],"class_list":["post-26164","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"191","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/26164","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=26164"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/26164\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26163"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=26164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=26164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=26164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}