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Solo miner cracks a Bitcoin block and nets $347,000

A single Bitcoin miner independently confirmed block 920,440 and earned a reward of 3.125 BTC plus transaction fees, totaling about $347,000.

By Luc Vesters
• 2 min read
Solo miner cracks a Bitcoin block and nets $347,000

A single Bitcoin miner independently verified View post on X and earned a reward of 3.125 BTC plus transaction fees, totaling about $347,000. The miner ran his own solo mining pool on an Umbrel server, completely without intermediaries or large mining farms. Within the community, the find is celebrated as proof that “David vs. Goliath” in the Bitcoin ecosystem is still possible. The odds of that are, however, about one in a million.

The success comes as interest in small, open mining devices is rising again. Popular Bitaxes mini miners are available for about $150 and make it possible for private users to start mining themselves.

While the find highlights the power of decentralization, concerns are growing about the influence of Chinese mining companies in the United States. After a $300 million deal between Bitmain and a Trump-linked company, congressman Zachary Nunn called for a national security review of Bitmain and Cango due to potential risks to US infrastructure.

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