Historic: Another solo miner found a Bitcoin block and earned a fortune

In an ecosystem where large crypto mining farms often dominate the landscape, a solo Bitcoin miner has just written his own success story.

With no corporate backing, no massive infrastructure, and just his personal team, he accomplished what many consider unlikely: solving an entire Bitcoin block and collecting the entire block reward. 

The solved block, #910.440 on the network, granted the solo miner a reward of 3,137 BTC, equivalent to approximately $371.000 at the time of extraction.

Solo Mining: Historic Gains on Block #910.440

These kinds of exploits don't happen every day. Bitcoin mining, in its current state, is marked by intense concentration, with clusters of hundreds of thousands of machines competing for each block on the network, optimizing every millisecond of processing. Faced with this scenario, independent or solitary miners often operate silently, with minimal chances of success. But when it happens, as in this case, the impact is twofold: economic and symbolic.

This miner's story is another powerful reminder that decentralization isn't just a technical ideal, but a living reality. His achievement not only represents a significant personal gain, but also a sign that the Bitcoin network still allows individual actors to have a voice, even amid an environment increasingly dominated by tech giants.

Beyond the amount, what this event highlights is the relevance of independent mining as an essential part of the ecosystem. In times where energy efficiency, scale, and speed seem to be the only factors that define success, this solo miner demonstrated that perseverance also has its place. And that, with a little luck and a lot of commitment, it is still possible to defy the odds and emerge victorious.

Block #910.440 contained more than 4.900 transactions with fees totaling 0,012 BTC, or about $1.450. In total, the block reward, including these fees, reached 3,137 BTC, as shown in the table. data on-chain.

Solo Mining: The Unlikely Challenge on the Bitcoin Network

Bitcoin mining today is a highly competitive endeavor, dominated by large companies with massive data centers and thousands of ASIC devices specifically designed to solve the protocol's complex calculations. 

The total global computation rate exceeds 987,24 exahashes per second (EH/s) at the time of writing, and has repeatedly exceeded 1 zetahash per second (ZH/s), greatly reducing the probability of a single miner solving a Bitcoin block on their own.

So far this year, At least seven solo miners have managed to solve complete Bitcoin blocks. on their own, an increasingly rare feat in this ecosystem dominated by industrial operations. 

CKpool platform developer Con Kolivas, who is responsible for the software used by this solo miner, said earlier this year that the probability of an individual miner managing to mine an entire block on the network is 1 in 2800 per day, or 1 every 8 years on average. 

However, while solo mining remains a kind of "statistical lottery," these cases demonstrate that there is still room for decentralization and individual initiative on the Bitcoin network.