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Friday, July 4, 2025

A Lucky Strike! Solo Bitcoin Miner Hits $350,000 Jackpot with 1-in-2,800 Odds

In the unpredictable world of Bitcoin mining, stories like this remind us why it still feels like digital gold mining — sometimes, luck changes everything.

Recently, a solo Bitcoin miner hit the crypto equivalent of a lottery win by discovering a full Bitcoin block on their own. Against staggering odds — roughly 1 in 2,800 — this miner solved a block and walked away with the entire block reward, pocketing over $350,000 in BTC.

Why is this so rare?

Bitcoin mining today is dominated by massive mining pools — large groups of miners who combine their computing power to increase the chance of solving blocks and share the rewards. For a solo miner, competing against these giant operations is like buying a single lottery ticket while everyone else has thousands.

The miner in this story was operating through a solo mining pool called Solo CK Pool, which is designed for small miners who dream of striking it big on their own. The pool’s founder, Dr. Con Kolivas, confirmed the lucky find and congratulated the miner for beating the odds.

What did the miner get?

When a miner successfully solves a block, they receive the full block reward plus the transaction fees included in that block. At today’s Bitcoin price, this reward adds up to about 6.25 BTC plus fees — totaling over $350,000 USD.

How rare is it, really?

To put it into perspective, with the hash power this miner was using — reportedly only about 1 PH/s (petahash per second) — their expected time to solve a block alone could be years or even decades. So finding one now is pure luck and a huge payout for staying in the game.

Should you try solo mining?

This story might tempt many hobbyists to try solo mining. While it’s exciting, experts caution that it’s more like playing the lottery than running a business. For most miners, joining a mining pool is still the only practical way to get steady, smaller payouts instead of chasing the one-in-thousands jackpot.

But sometimes, as this miner just proved, the impossible does happen.