Tiny Bitcoin Mining Rig Hits $350K Jackpot Against Impossible Odds

Bitcoin

Tiny Bitcoin Mining Rig Hits $350K Jackpot Against Impossible Odds

A solo Bitcoin miner has pulled off an astonishing win, solving a block worth nearly $350,000 using hardware with a fraction of the power of industrial setups.

The miner, operating through CKpool with just 2.3 petahashes per second, stumbled upon block 903883 — an event with odds so low it’s estimated to happen once every eight years for a rig of that size. The reward? Over 3 BTC, mined without any support from a larger pool.

While most hobbyist miners work with terahash-level devices—or even kilohash USB miners with virtually no chance at success—this individual managed to outperform expectations with modest hardware, likely made up of older ASICs.

By comparison, achieving a monthly block would require hashpower thousands of times greater, something typically seen only in multi-million-dollar operations.

These solo victories are rare but not unheard of. Similar wins occurred earlier this year, even as network difficulty reached historic highs. Still, solo mining remains a game of probability, not power.

Meanwhile, large-scale mining firms have been scaling back due to rising energy costs, particularly in heatwave-stricken regions like Texas. As corporate miners pause, individuals with patience—and a bit of luck—are proving that the underdog can still win big.

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Author

Alexander Stefanov

Reporter at Coindoo

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.

Source: https://coindoo.com/tiny-bitcoin-mining-rig-hits-350k-jackpot-against-impossible-odds/