Solo Bitcoin Miner Nabs $200K After Renting $75 Worth of Hash Power

https://decrypt.co/359005/solo-bitcoin-miner-wins-200k-block-reward-renting-hash-power

10 Comments

  1. This is no different to some guy winning the Lotto of a small ticket. Yes believe it or not some solo miners do win. But for this guy there are 50 million other small rigs that will never solve a block in this lifetime.

  2. tldr; A solo Bitcoin miner rented $75 worth of hash power via Braiins marketplace and defied the odds by earning a block reward of over 3.1 BTC, valued at approximately $200,000. Solo mining is rare due to the high computational power required, with success rates estimated at 1 in 1.1 million blocks. Despite the growing Bitcoin network hashrate, solo mining has seen occasional jackpot wins, likened to playing the lottery. The miner’s achievement highlights the unpredictability and potential rewards of solo Bitcoin mining.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  3. IrregularSweetRoll on

    A lot of luck going around right now and I ain’t apart of it. Coworker just won 10k at the casino 🙃

  4. ReallyOrdinaryMan on

    Source: company itself. Yeah very trustworthy. I call this bs, advertising their scam mining rental

  5. Yeah well for every solo miner that does this most others are going to be churning for decades with nothing to show.