A solo miner solved Bitcoin block 960,804 early Monday, earning a reward worth close to $200,000. The find was the 317th solo block through CKPool and arrived as the network absorbed news of a separate $114 million Coldcard wallet exploit.
A solo miner solved block 960,804 at 02:11 UTC on Monday, netting a reward worth about $200,000. The block paid 3.15689830 BTC, combining the 3.125 BTC subsidy with 0.032 BTC in fees from the 4,243 transactions it carried. It was the 317th solo block found through CKPool.
Long odds, briefly shortened
Bitcoin mining pits machines against each other to solve a cryptographic puzzle, with the winner claiming the block reward — currently 3.125 BTC, a figure that halves roughly every four years. This find was less of a lottery ticket than most. The pseudonymous developer known as Dr -ck described the winner as running "a wildly variable – presumably rental – hashrate peaking at 100PH", according to CKPool.
Network hashrate stood at 924 exahashes per second, so that peak hashrate amounted to roughly 0.011% of the network, or one block every 64 days or so. A hobbyist running a single 100 TH/s machine, by contrast, faces odds nearer 1 in 62,750 on any given day — an average wait of 172 years.
Solo jackpots keep landing
Solo finds keep happening. A miner running 70 TH/s took $225,000 in April, a week after another scored $210,000. Earlier finds brought $266,000, $365,000 and $350,000. The dollar values track Bitcoin's price rather than any change in the odds, and the reward stays fixed at 3.125 BTC until the next halving at block 1,050,000, about 89,000 blocks away and expected in the spring of 2028, when it drops to 1.5625 BTC.
CKPool, a mining pool that takes a 2% cut of each block found, lets solo miners point hardware at its infrastructure without running a full node. Dr -ck noted that this block arrived despite the chaos from the Coldcard hardware wallet exploit, which has seen losses estimated at $114 million.
Bitcoin itself changed hands around $63,700 Monday, up 1.1% on the day.
Source: Decrypt
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