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Bitcoin solo miner banks $350K with 2.3 petahash in ‘incredible odds’

cryptoweekly by cryptoweekly
July 4, 2025
in bitcoin, News
0

A solo miner with just 2.3 petahashes successfully mined a Bitcoin block on Thursday, netting them $349,028 in rewards.

Another solo Bitcoin miner has just hit the jackpot, mining an entire Bitcoin block with a relatively low-powered rig and netting themselves just under $350,000 in Bitcoin. 

Bitcoin historian Pete Rizzo said the solo miner “beat incredible odds” on Thursday to mine an entire block. The administrator of the Bitcoin mining pool CKpool, where the block was mined, congratulated the lucky miner, adding that they used just 2.3 petahashes to solve it.

“A miner of this size has about a 1 in 2,800 chance of solving a block every day, or once every 8 years on average,” they said. (It’s an approximately 0.004% chance.)

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Recent Posts
  • Crypto Biz: Wall Street giants bet on stablecoins
  • Bitcoin’s lower support retests shift traders’ focus to XLM, LTC, ETC, BNB
  • Trump signed the GENIUS Act into law on Friday, creating official rules for stablecoins
  • Bitcoin’s rise with Wall Street comes at a potential philosophical cost
  • Senate to consider Trump's CFTC pick as crypto oversight hangs in the balance
  • Crypto execs center stage as Trump signs stablecoin bill into law
  • XLM could follow XRP’s monster rally and hit $1 soon: Fact or fiction?

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