Massive Hashrate Solo Miner Earns 3.175 BTC Block Reward

Bitcoin

Massive Hashrate Solo Miner Earns 3.175 BTC Block Reward

Bitcoin developer Con Kolivas has launched a new solo mining pool in Brisbane, Australia, aimed at supporting miners in the Asia-Pacific region with lower latency and more reliable performance.

The pool, dubbed “ckpoolau,” is part of the CKpool network but operates independently from its global and EU counterparts due to regional connectivity demands.

While the infrastructure is optimized for the region, Kolivas anticipates that the new pool will be dominated by low-power Bitaxe rigs and remain the lowest in hashrate across CKpool’s network—largely due to Australia’s steep electricity prices, which are nearly double those in the U.S.

Solo mining in Australia isn’t cheap. Running a Bitaxe unit can cost up to AUD 22 cents per day, and the odds of winning a Bitcoin block with one are staggeringly slim—estimated at once every 14,000 years. Despite this, some hobbyists are still drawn to the challenge.

Meanwhile, one lucky solo miner recently bagged 3.175 BTC after solving block 904,989 with a massive 200 PH/s of hashrate. Kolivas suspects the miner was renting this power rather than operating local hardware, given the scale. At that size, a block win is expected roughly once a month.

Kolivas, known for previously running a zero-fee shared mining pool, sees the Australian expansion as part of a broader push to decentralize access to solo mining globally—even in high-cost environments.

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Author

Alexander Zdravkov

Reporter at Coindoo

Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.

Source: https://coindoo.com/massive-hashrate-solo-miner-earns-3-175-btc-block-reward/