Solo Bitcoin Miner Earns $200K Block Reward With Rented Hashrate

A solo Bitcoin miner has secured more than $200,000 in rewards after successfully validating a full block using rented computing power. The miner processed block 938092 and earned the 3.125 BTC block subsidy, valued at roughly $200,000 at current prices of Bitcoin.

According to blockchain data and statements from Braiins, the miner spent approximately 119,000 satoshis about $75 to rent 1 petahash per second of on-demand hashrate. The operation was conducted through CKPool, a service that enables independent miners to submit block solutions without joining large mining collectives.

Solo Mining Remains Statistically Rare

Validating a block independently remains uncommon due to the network’s immense computational requirements. Over the past year, only 21 solo miners have successfully mined blocks, collectively earning 66 BTC.

Meanwhile, Bitcoin’s mining difficulty has climbed to 144.4 trillion following the latest network adjustment, reversing an earlier decline caused by severe winter storms in the United States. Difficulty recalibrates every 2,016 blocks to maintain the network’s average 10-minute block time, ensuring long-term stability despite fluctuations in total hashrate.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.