Just saw something wild on chain - a solo miner rented about $75 worth of computing power and ended up validating a block for the full 3.125 BTC reward. That's over $200K from a $75 bet. The numbers on that are insane.



They rented 1 petahash per second through CKPool and basically hit the lottery. The odds of that happening are absurd - like finding one specific grain of sand on a beach. But someone has to win each block, and this time it was them.

What's interesting is how much easier this is getting. Used to be you needed your own bitcoin mining machine or serious hardware setup to even attempt solo mining. Now you can just rent hashrate on demand for a few dollars and take a shot. Over the past year, 21 different solo miners have found blocks this way and pulled in 66 BTC combined. That's happening more frequently too - roughly every 17 days on average.

Network difficulty just jumped 15% to 144.4 trillion after the latest adjustment, so the odds are getting tougher. But that $75 miner got lucky right in the window before it recalibrated. Pretty crazy that cloud-based hashrate rental has made solo mining accessible enough that these lottery wins are actually happening with some regularity now.
BTC0.48%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin