Solo Bitcoin Miner Defies 1-in-28,000 Odds to Claim $210,000 Block Reward

A solo bitcoin miner with 230 terahashes of computing power successfully validated a block, earning a $210,000 reward despite the rarity of such an event.

• A solo miner with 230 terahashes secured a $210,000 block reward despite a 1-in-28,000 chance.
• The miner used the solo.ckpool.org pool, which charges a 2% fee and has facilitated 312 solo blocks since 2014.
• The miner's hashrate is 0.00002% of the total network hashrate, typical of a small home-scale setup.
• Solo pools have found 20 bitcoin blocks in the past year, averaging one every 18.7 days.
• Previous solo mining successes in December, November, and February highlight the unpredictable nature of such events.
• Riot Platforms, a listed miner, operates at 30 exahashes, vastly outpacing the solo miner's output.