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A solo Bitcoin miner hit the jackpot and validated a solo block with a single Bitaxe mining rig, marking a rare win that beat massive statistical odds.
The retail Bitcoin miner secured a 3.125 Bitcoin (BTC) block reward, currently worth about $200,000, on Friday at block number 957382, <a href="https://mempool.space/block/00000000000000000000f4f8c91a6c400c42a40577fafa2ca2231d78f1955424" rel="noopener noreferrer nofollow">according</a> to blockchain data from mempool.space.&nbsp;
The miner was using a single Bitaxe mining rig, <a href="https://x.com/Public_Pool_BTC/status/2075431013497356538" rel="noopener noreferrer nofollow">according</a> to the BTC mining pool Public Pool. The <a href="https://www.bitaxe.org/" rel="noopener noreferrer nofollow">Bitaxe</a> was a budget, lower-power Bitcoin miner that costs less than $200 and has a hashrate of about 1 terahash per second (TH/s), which is a tiny fraction of the global Bitcoin network.
The solo block reward shows that even a sub-$200 investment in a mining rig can lead to a statistically rare payday for retail miners.&nbsp;
Another <a href="https://cointelegraph.com/news/solo-bitcoin-miner-bags-210k-bitcoin-block" rel="noopener noreferrer nofollow">solo Bitcoin miner</a> validated a solo block in April, through CKPool’s solo mining service. Earlier in February, another retail miner validated a <a href="https://cointelegraph.com/news/solo-bitcoin-miner-rare-btc-jackpot-rented-hashrate" rel="noopener noreferrer nofollow">solo block using</a> rented hashrate from a mining provider, meaning that he didn’t own the physical mining rig that solved the block.
<img alt="" height="1839" src="https://s3-images.ctmedia.io/media/content/pasted-image-2016.png" width="2048">
Source: <a href="https://x.com/Public_Pool_BTC/status/2075431013497356538/photo/1" rel="noopener noreferrer nofollow">Public Pool</a>
<h2 id="solo-btc-miners-bag-4-7-million-during-the-past-year">Solo BTC miners bag $4.7 million during the past year</h2>
While mining a solo block is statistically rare, this marks the 12th Bitcoin block validated by a hobby-level miner so far in 2026, pushing the past 12 months’ total payouts to more than $4.7 million for retail miners.
<img alt="" height="659" src="https://s3-images.ctmedia.io/media/content/pasted-image-2017.png" width="1086">
Solo block stats, one-year. Source: Bennet.org&nbsp;
Solo blocks mined increased by 41% year-on-year, as solo miners have validated a total of 24 blocks during the past year, <a href="https://bennet.org/resources/solo-block-tracker/" rel="noopener noreferrer nofollow">according</a> to solo miner data aggregator Bennet.&nbsp;This brings total rewards paid to solo miners to 75.4 Bitcoin, or $4.7 million, for the past year.
Related: <a href="https://cointelegraph.com/news/bitcoin-whale-moves-188m-first-7-years" rel="noopener noreferrer nofollow">Bitcoin whale moves $188M for first time in 7 years</a>
The average interval for solo Bitcoin blocks stands at 15.2 days, while the longest drought without a successful solo block stands at 58 days.
Magazine: <a href="https://cointelegraph.com/features/bitcoin-is-approaching-the-second-half-of-the-bear-market-jamie-coutts" rel="noopener noreferrer nofollow">Bitcoin nearing late stages of bear market: Jamie Coutts, Real Vision</a>

Hobby-level miner bags $200K solo BTC block with budget Bitaxe rig

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Cointelegraph

Other articles published on Jul 14, 2026

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