Solo miner with $219 rig lands a block and earns 3.14 BTC
- —The block reward was 3.14 BTC, worth roughly $251,906
- —The rig's hashrate was about 16.4 TH/s and reportedly cost $219
- —It was the 318th block found by solo miners via CKPool
- —A miner of this size has less than a one-in-3,400 chance of solving a block in a year
Why it matters: The case highlights that solo mining remains a long shot with very low odds of success but a large one-off payout.
Source: Incrypted