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Bitcoin Miner Hits the Jackpot with Ultra-Cheap (Under $100) Mining Rig and 1 to 4.6 Million Odds…
In a stunning turn of events, a solo Bitcoin miner has struck gold, or rather, digital gold, by successfully mining block #887,212 using an ultra-affordable Bitaxe rig for under $100. The odds of achieving this feat were estimated at 1 in 4.6 million, making this win an absolute anomaly.
According to reports, the miner utilized solo.ckpool, a popular platform among individual miners looking to participate in Bitcoin mining without joining massive pools. Pool developer Con Kolivas emphasized the remarkable nature of this achievement, stating that similar rigs have less than a one-in-a-million daily chance of solving a block.
The statistics are nothing short of astonishing. The average wait time for success with a rig of this size is roughly 3,500 years. To put this into perspective, industrial-scale Bitcoin miners typically employ setups approximately 2000% more powerful, making it even more extraordinary that this small-time miner managed to outdo them.
The miner’s windfall was substantial, with a reward of approximately $260,000 at the time, or 3.15 BTC plus an extra 0.025 BTC from transaction fees, as reported by mempool.space. Adding insult to injury (or rather, luck), the Bitaxe rig used in this incredible win was purchased for around $90 on Ebay.
The implications of this event are far-reaching, as it highlights the potential for even the most modest of setups to have a significant impact. This rare victory has sent shockwaves through the Bitcoin community, sparking renewed interest and enthusiasm among individual miners.
In conclusion, this exceptional achievement serves as a powerful reminder that anything is possible in the world of cryptocurrency, no matter how improbable the odds may seem.
Source: https://www.globalcryptopress.com/2025/03/bitcoin-miner-hits-jackpot-with-ultra.html
