A Bitcoin miner bagged an enormous reward of three.151 BTC—or $326,337 at immediately’s costs—after fixing a block alone, based on blockchain information.
Block 899,826 was processed by a “solo miner”—one thing that not often occurs.
However based on eagle-eyed observers on X, the image is not so simple as it seems.
Congratulations to miner bc1qa8r4up9nchkvdnhcf9feexv2jfantrk48ef374 who lately ramped up hashrate for fixing the three hundredth block solved at https://t.co/UWgBvLkDqc! https://t.co/36sDX051fH pic.twitter.com/NY2KJUxlQQ
— Dr -ck (@ckpooldev) June 4, 2025
The miner apparently obtained a hashrate from elsewhere, software program engineer of the CK Miner pool mentioned on the platform.
Dr CK, who’s the administrator of the Solo.ckpool, a pool for impartial miners, mentioned that it was “apparent” the miner rented the hashpower.
“This hashrate was nearly actually a rental primarily based on there being just one employee, although the account has been mining for some time with a a lot decrease hashrate,” he wrote.
Decrypt reached out to the mining pool for extra remark.
Decrypt beforehand spoke with specialists about how regardless of the actual fact extra “solo miners” had been hitting the jackpot, they typically had been getting assist—i.e. hashrate—from elsewhere.
And “solo miner”—because the time period seems on blockchain information web sites—does not essentially imply that one individual with restricted assets is minting new cash by themself. Somewhat, it may simply imply a mining operation that is not an enormous model or publicly traded firm that dominates the Bitcoin mining business.
Hashrate is the computational energy used to mine Bitcoin. When blocks—containing transaction information—are processed by miners and added to the blockchain, miners are rewarded for his or her work with newly minted Bitcoins.
However mining Bitcoin is a troublesome business: As soon as one thing you could possibly do at dwelling on a PC, the business now could be big and operations are usually warehouses utilizing large quantities of electrical energy to be able to course of blocks.
Coming into the house is not for the risk-averse, both—regardless of a crypto-friendly president now within the White Home and low-cost vitality accessible in mining hubs across the U.S. Except for the aggressive surroundings, the rewards for miners have decreased to three.125 Bitcoin since final 12 months’s halving.
Edited by James Rubin
