A solo miner defied the odds and mined a Bitcoin block, earning $350.000. It's the second feat by an individual crypto miner in less than a month.
Although Bitcoin mining is dominated by large companies and groups with colossal technological resources, one independent miner has once again stood out in a remarkable way. Recently, he managed mine block #913.593 of the Bitcoin network, taking with it a total reward of 3,13 BTC, which is equivalent to about $ 350.000.
What's amazing is that this feat occurred just days after a similar achievement: on August 17, another solo Bitcoin miner mined block #910.440, earning $371.000 for doing so.
Enter Bit2Me and trade BTC, the engine of the crypto ecosystemNetwork rewards have been adjusted following the 2024 halving; however, the price of BTC has appreciated more than 90% in the last year. Therefore, these stories have captured interest and recognition within the crypto community, as they represent an example of perseverance and individual ability that inspires admiration for their rarity and significance.
The great feat: Block 913.593 and its multi-million dollar Bitcoin reward
Block #913.593 was mined on September 7, according to the records of the explorador Blockchain.com block. The solo miner used the Solo CKPool platform, which allows individuals to participate in Bitcoin mining without having to join large pools.
The total reward of said block reached 3,13 BTC, composed of the base block subsidy along with the included transaction fees. With a market price of nearly $110.900 per BTC at the time of mining the block from the network, the value of this reward translates to a total of $347.872; an amount that far exceeds the earnings of many miners over weeks of operation.
According to the explorer data, the BTC block contained 593 transactions, with a total volume of 473,61 BTC transferred, equivalent to over $52 million USD. The average transaction was 0,7987 BTC, reflecting considerable activity in that interval. Mining difficulty at that time reached historical record of 136,04 T, making it even more unlikely that a miner without corporate backing would solve the block.
Events like this highlight the efficiency of the hardware used and the persistence and strategy of the operator. Although individual mining has an extremely low success rate, platforms like Solo CKPool sometimes allow solitary efforts to translate into substantial rewards. The crypto community celebrates these milestones as reminders that in Bitcoin, even the smallest players can have their moment of glory.
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Solo miners keep Bitcoin's decentralization alive
Bitcoin mining has evolved into a highly competitive industry, dominated by corporations with access to specialized infrastructure, cheap energy, and economies of scale. In this environment, individual miners face significant challenges. mining difficulty, which adjusts every two weeks to maintain an average block time of 10 minutes, has reached unprecedented levels this year. Solving a block requires an exponentially larger amount of calculations than in previous years.
Despite this, recent cases demonstrate that individual Bitcoin mining is still prevalent. Block #910.440, mined On August 17, a solo miner generated a reward of 3,137 BTC, equivalent to approximately $365.000 USD, as reported by this outlet. Similarly, in July, at least two similar events were recorded, with solo miners earning rewards of $349.000 and $372.700 USD, respectively, after successfully mining a full Bitcoin block. Although statistically improbable, these victories reflect the continued presence of decentralization in the BTC ecosystem.
Bitcoin is autonomy, community, and resilience. Join now.From an institutional perspective, these cases don't alter the overall market dynamics, but they reinforce the idea that Bitcoin maintains elements of accessibility and fairness. The ability for an individual to compete with and occasionally surpass large conglomerates is part of the network's founding ethos. Furthermore, these events rekindle the debate about the role and importance of small operators in network security.
Beyond Price: The Key Role of Individual Miners in the Bitcoin Network
The recent triumphs of solo miners on the Bitcoin network go beyond mere anecdotes; they are a powerful reflection of the decentralized spirit that underpins this cryptocurrency. These achievements confirm that the Bitcoin blockchain remains an open protocol, accessible to anyone who wishes to participate by validating transactions and creating new blocks. This openness is at the heart of decentralization, the fundamental principle that made the revolution we know today as Bitcoin possible.
These moments generate a vibrant impact within the community. Although not all individual miners successfully extract a new block, the mere possibility of doing so encourages active participation and technological development. This drives innovation in the creation of more efficient equipment and the constant search for methods to reduce energy consumption, leading to increasingly sustainable and responsible mining.
Thus, in a landscape dominated by large corporations and mining concentration, the success of a lone BTC miner takes on a unique symbolic and technical dimension. It represents resistance to growing centralization and reaffirms the original values that underpin the network: community, equal access and transparency.
The most recent example, with block #913.593 delivering a $350.000 reward to an individual miner, is clear proof that the unexpected still exists on the Bitcoin network. Beyond monetary value, this event highlights the strength and resilience of the network, which remains a space where anyone can surprise and actively participate in the history of the crypto ecosystem.
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