A solo miner successfully mined Block 883,181 on the Bitcoin blockchain, earning approximately $310,000. This case is unique as the miner operated without the backing of major companies.
The Mining Method
Crypto journalist Pete Rizzo reported this rare event on X, noting that the miner processed a block containing 3,071 transactions. The miner received a reward of 3.158 BTC, amounting to about $310,000 with the cryptocurrency priced at approximately $98,300.
Previous Solo Mining Successes
Solo mining involves an individual attempting to solve complex cryptographic puzzles without assistance from a mining pool. There have been other successful instances in the past. On April 29, 2024, a miner mined Block 841,286, earning 3.125 BTC. In July 2024, a BitAXE device successfully mined Block 853,742, earning $206,000.
Probability and Competition
According to BitInfoCharts, as of February 11, 2025, the Bitcoin network’s average hash rate is approximately 800.52 EH/s, making the chances for a solo miner extremely low. Most Bitcoin blocks are generated by large-scale industrial operations, but occasionally, a solo miner can beat the odds.
The successful solo mining of a Bitcoin block highlights the uniqueness and rarity of such events in the cryptocurrency world, where competition and process difficulty continue to rise.
