
A solo Bitcoin miner has successfully mined block 960804, earning the 3.125 BTC block reward, worth roughly $200,000 at current market prices.
While solo mining victories have become increasingly rare as industrial scale operations dominate the sector, this latest success may not have come from a typical home miner.
CKPool software developer Dr. ck was among the first to congratulate the miner but noted that the mining operation reached a peak hashrate of around 100 petahashes per second, far beyond what most hobby miners can achieve.
Based on that level of computing power, Dr. ck suggested the miner likely rented hashpower rather than relying on personally owned equipment.
Crypto market commentator Bitcoin Archive also said the successful miner was “not the average Joe,” while acknowledging that winning a block still required a considerable amount of luck given the intense competition across the Bitcoin mining network.
The achievement comes as the Bitcoin community continues to deal with the ongoing Coldcard wallet security incident, which has resulted in millions of dollars worth of Bitcoin being stolen from affected users. Despite those attacks, Dr. ck noted that the Bitcoin network itself has continued to function normally without disruption.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic