Today's Top #1: Solo Miner Mined a Block of Bitcoin On a $299 Device
tldr; A solo Bitcoin miner using a $299 Bitax Ultra device successfully mined a block, earning 3.15 BTC (~$250,000). The miner achieved this with a hash rate of ~3.3 TH/s, a rare feat with a one-in-a-million probability, typically requiring 3,500 years of work. The device, built on an ASIC chip for Antminer S19XP, highlights the role of total computing power in mining success. CKPool users have mined 297 solo blocks to date, with the first success using Bitax devices recorded in July 2024.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Posted Mar 12, 2025, 8:00 PM UTC
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