CryptoNow
  • Home
  • Market
  • Technology
  • Business
  • Blockchain
  • Regulation
  • Reviews
No Result
View All Result
CryptoNow
  • Home
  • Market
  • Technology
  • Business
  • Blockchain
  • Regulation
  • Reviews
No Result
View All Result
CryptoNow
No Result
View All Result

Against All Odds: Solo Miner Strikes Bitcoin Gold

Solo Bitcoin Miner Defies 0.004% Odds to Win $349K Block Reward

July 4, 2025
in Blockchain, Coins
A A
Dalintis FacebookDalintisShare on Twitter

A solo Bitcoin miner overcame staggering odds to claim a $349,000 jackpot. Competing against major institutions typically demands extreme precision and, some argue, a fair amount of luck, especially when the odds of success are just 0.004 percent. Meanwhile, the broader crypto market is showing signs of an uptrend, spurred by Trump’s Big Beautiful Bill and other key developments.

Solo Bitcoin Miner Mines Block 903883 and Earns $349,000

An anonymous miner successfully mined block number 903883, earning a reward of 3.173 BTC. At the current Bitcoin price of $108,400, that translates to a payout of $349,028.

According to the Bitcoin Historian, this is a rare achievement, as most blocks are mined by large corporations with significant computational resources. Remarkably, the solo miner achieved this feat using just 2.3 petahashes per second of hash power through the CKpool solo mining pool.

It was highlighted that a miner with this level of power has only a 1 in 2,800 chance of solving a block alone. That equates to a 0.004 percent probability or roughly once every eight years.

To put this in perspective, mining a block typically requires around 166,000 terahashes per second, equivalent to operating 500 Antminer S21 Hydro units. Such an operation would cost millions of dollars upfront, not to mention the ongoing electricity expenses and logistical challenges.

Other Notable Solo Miner Wins

Despite the slim odds, solo miners have occasionally struck gold. In June 2025, one mined block 899826 and earned $330,000. Earlier, in February 2025, another solo miner earned nearly $300,000 by mining block 883181.

In a separate milestone, individual trader JohnGalt turned a $500 investment in a Bitcoin Gold bar purchased in 2012 into $10 million after redeeming it this year. Over that time, Bitcoin’s value surged from just a few dollars to over six figures.

Tags: BitcoinBTCcryptoCryptocurrency

Related

Major Moves Ahead for Dogecoin, Cardano, and Chainlink in Latest Crypto Predictions

January 6, 2026

The cryptocurrency market posted a 1.99 percent gain in the past 24 hours, extending its seven-day rally to 8.76 percent....

Sustained Wintermute Sell-Off Puts Ethereum on Track for a Drop to $2,500

December 23, 2025

Ethereum has fallen sharply below the important $3000 support level, extending a decline that now places it roughly forty percent...

Bitcoin mining stocks finish Friday on a high, with a turbulent year-end on the horizon

December 21, 2025

Bitcoin mining stocks delivered a powerful close to the week, with the combined market capitalization of the top publicly traded...

BlackRock Invests $589 Million in Bitcoin and Ethereum Amid Crypto Market Recovery

November 28, 2025

BlackRock has intensified its involvement in digital assets by acquiring $589 million worth of Bitcoin and Ethereum through Coinbase. This...

Bitwise Dogecoin ETF Set for Nov. 26 Launch While DOGE and XRP ETFs Begin Trading Today

November 24, 2025

Surge in Spot Crypto ETFs A new wave of spot cryptocurrency exchange traded funds is arriving this week as issuers...

News

BTC / cryptonews.tech
Coins

What is the Best Altcoin to Buy Before the Bull Run in 2024

May 24, 2025
Market / freepik
Market

Bitcoin Breaks to Low End of Trading Range, but June Data Could Be Next Catalyst

June 3, 2024
Mining

Malaysia Records a Threefold Surge in Electricity Theft Tied to Illegal Crypto Mining

May 12, 2025
Reviews

What is Cryptocurrency? A straightforward explanation

May 11, 2025
Asset 1CryptoNow
Categories
  • AI
  • Blockchain
  • Business
  • Coins
  • Finance
  • Interesting
  • Market
  • Mining
  • News
  • Regulation
  • Reviews
  • Technology
Tags
AI AI Browser Altcoin Android Binance Binance Coin Bitcoin blockchain BNB BONK BTC Chainlink ChatGPT Circle Coinbase Coindesk crypto Cryptocurrency Crypto exchange DOGE Dogecoin ETF ETH Ethereum Google Halving Memecoin Meta Mining Mobile OpenAI pengu Pepecoin pi coin pi network Ripple Samsung SHIB Shiba Shiba Inu Solana Stablecoin technology USA XRP
  • Newsletter
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Market
  • Coins
  • News
  • Mining
  • Technology
  • Blockchain

CryptoNow.