How a Solo Bitcoin Miner Beat the Odds and Banked $266K

Image created by Decrypt using AI

The solo miner of Bitcoin block 888,737—received final week with a $266,000 BTC reward—shared their story with Bitcoin mining {hardware} creator FutureBit, whose Apollo miners helped result in the sizable rating. 

The nameless miner, who took house greater than 3.15 BTC or round $266,000 final week between the fastened reward and transaction charges, did so with a house setup composed of three FutureBit Apollo miners and one Bitmain SK19pro, in line with the shared e mail posted to X.

“I often have the Apollo miners set on effectivity mode,” the e-mail reads. “Throughout the colder months, I run the SK19Pro at 60TH throughout the day and 100 at night time,” it continues, including that aside from some scheduled duties that cease hashing throughout the peak electrical energy occasions, “every little thing else is the default settings.”

That setup was sufficient to get the last word reward for a solo miner. It’s additionally a extremely unlikely win, on condition that large-scale publicly traded corporations and mining swimming pools dominate the business.

“I scrolled by means of the Apollo web site on my cellphone, nonetheless within the consolation of my mattress,” the miner wrote. “I seemed on the SOLO Mining Person’s panel. What appeared subsequent stopped me chilly.” 

Moments later, launching the BlueWallet app on their iPhone, the miner confirmed their suspicions that that they had efficiently “discovered a block.”

“‘We discovered a block! We discovered a block!’ I yelled, my voice echoing by means of the home,” wrote the nameless miner. “I bolted from mattress, racing downstairs to my pc… there, in daring, stunning letters have been the phrases: block accepted. A smile unfold throughout my face—victory was mine, and it felt unimaginable.” 

Regardless of a number of solo scores in latest months, the energy-intensive nature of mining sometimes results in industrial-sized setups or mining swimming pools taking house the overwhelming majority of block rewards—the brand new Bitcoin provide that’s created to reward those that confirm and validate the community.

FutureBit affords varied mining merchandise on its web site for people seeking to pursue a house mining rig. Its least expensive product begins at $376 after a reduction, with different miners ranging as much as a worth of $2,100.

The agency didn’t instantly reply to Decrypt’s request for remark.

Edited by Andrew Hayward

Lesley John

John Lesley, known as LeadZevs, is a seasoned trader with extensive expertise in technical analysis and cryptocurrency market forecasting. With over 14 years of experience across diverse markets and assets, including currencies, indices, and commodities, John has established himself as a leading voice in the trading community.

As the author of highly popular topics on major forums, which have garnered millions of views, John serves as both a skilled analyst and professional trader. He provides expert insights and trading services for clients while also managing his own trading portfolio. His deep understanding of market trends and technical indicators makes him a trusted figure in the cryptocurrency space.

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