• Latest
  • Trending
Bitcoin’s Lottery Jackpot: Solo Home Miner Wins $200,000 With a $150 Mining Device

Bitcoin’s Lottery Jackpot: Solo Home Miner Wins $200,000 With a $150 Mining Device

July 12, 2026
Bitcoin nears the $58,000 floor that has marked every cycle bottom since 2015

Bitcoin nears the $58,000 floor that has marked every cycle bottom since 2015

July 12, 2026
Best Affordable Crypto Press Release Services: How to Get Maximum Exposure Without Overspending

Best Affordable Crypto Press Release Services: How to Get Maximum Exposure Without Overspending

July 12, 2026
US Bitcoin ETFs break 8-week outflow streak

US Bitcoin ETFs break 8-week outflow streak

July 12, 2026
Bitcoin (BTC), Dogecoin (DOGE), Shiba Inu (SHIB) and Zcash (ZEC) Price Analysis for June 13: Outliers Gain More Traction

Bitcoin (BTC), Dogecoin (DOGE), Shiba Inu (SHIB) and Zcash (ZEC) Price Analysis for June 13: Outliers Gain More Traction

July 12, 2026
Is Meta Stock the Best Value Among the AI Megacaps?

Is Meta Stock the Best Value Among the AI Megacaps?

July 12, 2026
Signs of life?: State of Crypto

Signs of life?: State of Crypto

July 12, 2026
Grayscale Places XRP at the Center of the Global Payments Narrative

Grayscale Places XRP at the Center of the Global Payments Narrative

July 12, 2026
Microsoft (MSFT) Stock Looks Undervalued to Wall Street – Is It a Buy?

Microsoft (MSFT) Stock Looks Undervalued to Wall Street – Is It a Buy?

July 12, 2026
OpenX Network Goes Live, Locks Core Architecture to Accelerate Mainstream AI Scaling

OpenX Network Goes Live, Locks Core Architecture to Accelerate Mainstream AI Scaling

July 12, 2026
  • Privacy Policy
Sunday, July 12, 2026
MtRushmoreCrypto - Where Crypto Rocks
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
No Result
View All Result
Logo
No Result
View All Result
Home Crypto

Bitcoin’s Lottery Jackpot: Solo Home Miner Wins $200,000 With a $150 Mining Device

J_News by J_News
July 12, 2026
in Crypto, Top News
0
Bitcoin’s Lottery Jackpot: Solo Home Miner Wins $200,000 With a $150 Mining Device
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter


Key Takeaways

  • A solo home miner claimed the full 3.1382 BTC reward from block #957382 via Public Pool on July 9, 2026.
  • Bitaxe ran at 995.2 GH/s for eight hours before beating roughly 900 EH/s of network hashrate.
  • Win adds to solo block wins tracked by Soloblocks.io and D-Central.tech since block 853,742 in 2024.

On July 9, 2026, at approximately 03:30 UTC, a solo miner using a palm-sized Bitaxe device mined block 957382 through Public Pool, claiming the full 3.1382 BTC block reward. That includes the 3.125 BTC subsidy plus roughly 0.0132 BTC in transaction fees, worth roughly $200,000 at the time.

The device ran at an average of 995.2 GH/s, close to its rated 1 TH/s, for about eight hours before submitting the winning share. That share carried a difficulty of 294.14 trillion, more than double the network target, which is what confirmed the block solve. Because the miner was the only worker on the address, the entire reward went to one person, with no pool fee taken.

Related articles

Bitcoin nears the $58,000 floor that has marked every cycle bottom since 2015

Bitcoin nears the $58,000 floor that has marked every cycle bottom since 2015

July 12, 2026
Best Affordable Crypto Press Release Services: How to Get Maximum Exposure Without Overspending

Best Affordable Crypto Press Release Services: How to Get Maximum Exposure Without Overspending

July 12, 2026

The Odds Behind the Win

Bitcoin’s network hashrate sat at roughly 874 exahash per second (EH/s) at the time, with difficulty near 133.9 trillion. A miner running 1 terahash per second (TH/s) controls about one-eighty-seventh-millionth of the network’s total hashrate.

Visual perspective on the odds and timeline of winning a BTC block with a 1TH/s machine.

Analysts estimate a device with that hashrate would need roughly 16,000 to 18,300 years on average to find a block. This miner found one in a single overnight eight-hour session.

That is the nature of bitcoin mining. Every hash has an equal shot at solving the current block, regardless of who owns it or how much hashrate they control. Someone wins every block. Most solo miners run for years without a payout. A small number hit the jackpot on their first attempt.

What a Bitaxe Actually Is

The Bitaxe is an open-source, single-chip bitcoin miner built around Bitmain’s BM1370 chip, the same silicon family used in some industrial Antminer S21 units. A Gamma-series Bitaxe ships with roughly 1.0 to 1.3 TH/s of stock hashrate, draws 15 to 21 watts, and typically sells for $60 to $150.

It connects over Wi-Fi, runs community-built AxeOS firmware, and displays live stats on a small screen. Hobbyists built the platform a few years ago as an educational tool rather than a profit machine. Its share of global hashrate is too small to guarantee steady payouts through a shared pool, which is exactly why solo mining exists.

How the Public Pool Made the Win Possible

In pooled mining, rewards are split among everyone contributing hashrate. Solo mining works differently. If a miner’s device finds the winning share, that miner keeps the entire block reward.

Image of Bitcoin block 957382
Image of Bitcoin block 957382 via mempool.space.

Public Pool supports both modes and charges 0% fees on solo configurations, which has made it a common choice for Bitaxe owners. Miners connect through a Stratum address, use their own bitcoin address as the username, and watch the dashboard track hashrate and best difficulty share in real time.

This marks the second Public Pool solo win attributed to a single Bitaxe that the community has tracked in quite some time. Solo CKPool remains another major solo pool option, charging a small fee in exchange for a longer operating history. There’s also Braiins Solo, Parasite Pool, and Futurebit Solo among the list of solo pools available, each with different features and rules.

Roughly 42 days ago, Bitcoin.com News reported on a $300 machine, a Canaan Avalon Nano 3S with 6.68 TH/s of hashpower, discovering block height 951771. At the time, our newsdesk calculated that a Canaan Avalon Nano 3S, operating at just under 7 TH/s, has roughly a 6.72-in-a-billion chance of discovering any given Bitcoin block, or about one in 148,904,370.

Community Response

The win spread quickly on X under tags including #Bitaxe and #SoloMining. One widely shared post read, “Never let anyone convince you that you can’t mine a block!!!”

X post on the Bitaxe solo mining win.
Image source: X

Several sites that track solo block wins logged the event alongside prior Bitaxe victories.

What This Means for Home Miners

The expected value of solo mining at this scale remains tiny, often pennies a day in BTC terms. Consistent income still comes from pooled mining. What events like this show is that the door stays open. A device costing less than a mid-range smartphone, running on standard household power, can still claim the same reward as a warehouse full of industrial rigs. In that respect, solo mining closely resembles a lottery: the odds of winning are extraordinarily long, but someone eventually beats them.

For the operator behind block 957,382, a $150 piece of hardware and a $1 to $2 monthly electricity bill turned into a life-changing payout in under a day.



Source link

ShareTweetShareShare

Related Posts

Bitcoin nears the $58,000 floor that has marked every cycle bottom since 2015

Bitcoin nears the $58,000 floor that has marked every cycle bottom since 2015

by J_News
July 12, 2026
0

Jurrien Timmer, Fidelity's director of global macro, says bitcoin is drifting toward the bottom edge of the model he has...

Best Affordable Crypto Press Release Services: How to Get Maximum Exposure Without Overspending

Best Affordable Crypto Press Release Services: How to Get Maximum Exposure Without Overspending

by J_News
July 12, 2026
0

Why Choosing the Right Crypto Press Release Service Matters A crypto press release is one of the fastest ways to...

US Bitcoin ETFs break 8-week outflow streak

US Bitcoin ETFs break 8-week outflow streak

by J_News
July 12, 2026
0

US-listed spot Bitcoin exchange-traded funds recorded a net inflow of $197.4 million in the week ended Friday, snapping an eight-week...

Bitcoin (BTC), Dogecoin (DOGE), Shiba Inu (SHIB) and Zcash (ZEC) Price Analysis for June 13: Outliers Gain More Traction

Bitcoin (BTC), Dogecoin (DOGE), Shiba Inu (SHIB) and Zcash (ZEC) Price Analysis for June 13: Outliers Gain More Traction

by J_News
July 12, 2026
0

Following a violent selloff that drove the price of the cryptocurrency from the $82,000 range to $59,000, it is now...

Is Meta Stock the Best Value Among the AI Megacaps?

Is Meta Stock the Best Value Among the AI Megacaps?

by J_News
July 12, 2026
0

TLDR Meta posted Q1 2026 revenue of $56.31 billion, up 33% year-over-year, with ad revenue hitting $55.02 billion AI is...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store
  • About Us

Top News

NFP, FOMC minutes, and CPI span the next two weeks

JPMorgan Targets $250B Stablecoin Market With Ethereum-Based Treasury Fund Launch

The NFT market was ‘oversold’ and prices fell too far, says Yuga Labs’ new CEO

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us

© 2021 mtrushmorecrypto - Crypto Related News Blog