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Solo Bitcoin miner again finds 6.25 BTC

It happened again: A solo Bitcoin miner found 6.25 BTC worth nearly 150,000 euros, despite very small odds.

By Mike Hesp
• 1 min read
Solo Bitcoin miner again finds 6.25 BTC

It happened again: A solo Bitcoin miner found 6.25 BTC worth nearly 150,000 euros, despite very small odds.

A solo Bitcoin miner (bc1q2za4ejga366sn288273pty8trasn5zs4y9hqg6) has hit the bullseye again: He unloaded last Saturday, Aug. 19, 2023, block 803.821 up, earning a reward of 6.25 BTC, which at the time of writing is equivalent to just under 150,000 euros.

An extremely unlikely success: statistically, solo Bitcoin mining successfully awarded only once every seven years.

Con Kolivas, an administrator of solo.ckpool.org, View post on X that the Solo Bitcoin miner used ten S17 series Antminers to earn the reward. Together, they would have a hashrate of about one PetaHash per second.

According to Kolivas, this is the 277th solo Bitcoin miner ever and the third this year at solo.ckpool.org.

solo.ckpool.org is a nonprofit organization that gives its members 98 percent of the BTC they mine. Contrary to its name, it is not a mining pool, but a service. It offers a home to Bitcoin miners who want to continue using their outdated equipment and "continue cryptomining as a lottery," as it says on the website. In June, one user had managed to get a Bitcoin Block Reward on hold.

Meanwhile, the Bitcoin mining hashrate continues to reach new heights: Last weekend, it first climbed to 414 hashes per second, but has since fallen back to around 400 hashes per second.

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