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Solo Miner Earns 6.36 BTC on 1 Block of Bitcoin as Halving Approaches

Apr 5, 2024

On April 5, a solo miner with an equipment hashrate of 7 PH/s successfully mined block #837,814 on the Bitcoin blockchain, earning a total of 6.36 BTC, which was equivalent to $422,750 at the time of mining. The user also received a commission of 0.1 BTC according to data from Mempool.

Miner earns 6.36 BTC on 1 block of Bitcoin as halving approaches - 1

Source: Mempool

The pool administrator of CKPool, Con Kolyvas, mentioned that the miner had been mining intermittently since the last restart of the pool and had accumulated approximately 0.05% of the shares needed to solve a block.

In October 2023, another solo miner managed to include a block in the Bitcoin network with a hardware power of 11 PH/s, receiving a reward of 6.25 BTC and a commission of 0.09 BTC. In May 2023, a different individual also earned $177,115 by mining a block, getting a reward of 6.25 BTC and a commission of 0.24 BTC.

By the end of March 2024, the difficulty of mining Bitcoin decreased by 0.97%, reaching a difficulty level of 83.13 T. The average hashrate during this period was 593.99 EH/s, with blocks being generated approximately every 10 minutes and 7 seconds.

For more insights, you can read about how a solo bitcoin miner managed to mine BTC despite the record high difficulty.

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