A Bitcoin miner bagged a giant reward of three.151 BTC—or $326,337 at right now’s costs—after fixing a block alone, in accordance with blockchain information.
Block 899,826 was processed by a “solo miner”—one thing that hardly ever occurs.
However in accordance with eagle-eyed observers on X, the image is not so simple as it seems.
Congratulations to miner bc1qa8r4up9nchkvdnhcf9feexv2jfantrk48ef374 who lately ramped up hashrate for fixing the three hundredth block solved at https://t.co/UWgBvLkDqc! https://t.co/36sDX051fH pic.twitter.com/NY2KJUxlQQ
— Dr -ck (@ckpooldev) June 4, 2025
The miner apparently obtained a hashrate from elsewhere, software program engineer of the CK Miner pool mentioned on the platform.
Dr CK, who’s the administrator of the Solo.ckpool, a pool for impartial miners, mentioned that it was “apparent” the miner rented the hashpower.
“This hashrate was virtually actually a rental based mostly on there being just one employee, although the account has been mining for some time with a a lot decrease hashrate,” he wrote.
Decrypt reached out to the mining pool for extra remark.
Decrypt beforehand spoke with consultants about how regardless of the very fact extra “solo miners” had been hitting the jackpot, they typically had been getting assist—i.e. hashrate—from elsewhere.
And “solo miner”—because the time period seems on blockchain information web sites—does not essentially imply that one individual with restricted assets is minting new cash by themself. Quite, it may simply imply a mining operation that is not a giant model or publicly traded firm that dominates the Bitcoin mining business.
Hashrate is the computational energy used to mine Bitcoin. When blocks—containing transaction information—are processed by miners and added to the blockchain, miners are rewarded for his or her work with newly minted Bitcoins.
However mining Bitcoin is a troublesome business: As soon as one thing you possibly can do at house on a PC, the business now could be large and operations are usually warehouses utilizing great quantities of electrical energy with a purpose to course of blocks.
Getting into the house is not for the risk-averse, both—regardless of a crypto-friendly president now within the White Home and low-cost vitality accessible in mining hubs across the U.S. Except for the aggressive setting, the rewards for miners have decreased to three.125 Bitcoin since final yr’s halving.
Edited by James Rubin
