‘Extremely Lucky’ Solo Bitcoin Miner Wins Big: $266K Jackpot

A solo Bitcoin miner achieved a remarkable victory by earning 3.146 BTC, approximately $266,000, after solving block 924,569 with minimal computational power. This event highlights the surprising potential and rewards in the world of Bitcoin mining, even for those not operating at industrial scales.

Key Takeaways

A solo miner earned about $266,000 after solving a Bitcoin block using only a fraction of the common computational power.
The odds of this win were estimated at around 1.2 million to one based on the miner's hash rate.
2025 has seen an uptick in successful solo mining attempts, with notable rewards from various blocks.
Major mining operations are exploring new revenue avenues beyond Bitcoin, including AI infrastructure.

‘Extremely lucky’ solo Bitcoin miner beats massive odds to win $266K

A Solo Bitcoin Miner Hits the Jackpot

On Friday, a solo Bitcoin miner struck it rich by earning 3.146 BTC, valued at around $266,000, after successfully solving block 924,569 using a remarkably low amount of computational power. The miner is thought to be using a hobby-grade machine that operates at approximately 1.2 terahashes per second (TH/s). This is minimal compared to the exahashes (one quintillion hashes per second) produced by larger, industrial mining operations.

CKpool creator Con Kolivas took to X to announce this remarkable win, celebrating the "extremely lucky" miner and emphasizing how unusual the occurrence was. He calculated that the odds of winning at the miner's reported hash rate are about 1.2 million to one per day. The miner received a total of 3.125 Bitcoin.

CKpool creator announces win on X. Source: Dr ck

Related: Bitcoin ASIC producer Bitmain under US investigation over national security risks: Report

Solo Bitcoin Mining on the Rise in 2025

In spite of the dominance of large-scale mining operations, 2025 has been a standout year for solo miners. Data from Mempool Space reveals that there have been 13 solo-mined blocks discovered through CKpool this year, averaging just over one each month. Not so long ago, a solo miner managed to secure a reward of $347,455 by independently solving block 920,440, earning 3.125 BTC plus transaction fees completely on their own.

Earlier this July, another miner with a modest 2.3 petahashes of power successfully claimed a full block reward. Additional successful solo mining events have also been noted in June, March, and February.

Related: Bitcoin miner HIVE shares boost 7.5% on record quarterly revenue

Exploring New Revenue Sources: Bitcoin Miners Embrace AI

As Bitcoin miners strive to adapt to the changing landscape and tighter profit margins following the recent halving, many are looking for new revenue streams outside of traditional Bitcoin mining. CleanSpark has started transitioning towards AI-focused data center infrastructure, which notably increased its stock by 13% after the announcement of this expansion in October. Similarly, TeraWulf aims to raise $500 million through a convertible note offering to finance the development of a new data center campus in Abernathy, Texas.

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