Bitcoin News Update: Decentralization Scores Big with $265K Solo Miner Victory

Bitget App

Trade smarter

Bitget

News

Markets

Bitcoin News Update: Decentralization Scores Big with $265K Solo Miner Victory

Bitget-RWA2025/11/23 22:54

By:Bitget-RWA

- A solo Bitcoin miner earned $265,000 by solving block 924,569 using a 1.2 TH/s Bitaxe Gamma rig, defying 1-in-100,000 odds. - 2025 saw 13 solo-mined blocks, including a 6 TH/s win with 1-in-180 million daily odds, highlighting growing but risky accessibility. - Experts warn solo mining remains niche as Bitcoin's 855.7 EH/s network hash rate makes individual success statistically negligible. - The win underscores Bitcoin's decentralized appeal, though industrial dominance and halving events will likely sh

An individual

Bitcoin

miner has beaten overwhelming odds to earn a block reward valued at about $265,000, utilizing a small-scale mining device typically favored by enthusiasts

according to reports

. This accomplishment, verified by blockchain analytics services and social media accounts that monitor solo mining, highlights the enduring interest in solo participation within Bitcoin’s decentralized ecosystem, even as large-scale mining operations dominate

as data shows

The miner, reportedly using a Bitaxe Gamma machine with a hash rate of 1.2 terahashes per second (TH/s), managed to solve block 924,569 and claim the reward. This outcome represents

odds of less than 1 in 100,000

per day, based on CKPool statistics. The payout included 3.125 Bitcoin (BTC) from the block subsidy and an additional 0.021 BTC in transaction fees, totaling 3.146 BTC. At present market rates,

this amounts to nearly $266,000

While such achievements are uncommon, they have become a bit more frequent in 2025.

CKPool has documented 13 solo-mined blocks

so far this year, averaging about one every three weeks. In a separate event last November, a miner with 6 TH/s—just 0.0000007% of Bitcoin’s total network hashpower—also succeeded, with the probability described as

1 in 180 million per day

. These stories illustrate

the increasing attainability of solo mining

, though the risks are comparable to playing a high-stakes lottery.

Bitcoin News Update: Decentralization Scores Big with $265K Solo Miner Victory image 0

The Bitaxe Gamma, a small and budget-friendly mining rig costing less than $100, has become a symbol of Bitcoin’s grassroots possibilities. Although major mining pools control much of the network,

individual miners help strengthen decentralization

by spreading out hashpower. “Another block for the plebs,” posted Bee Evolved,

pointing out that these successes

are within reach for persistent solo miners.

Still, industry experts warn that solo mining is a niche activity. With Bitcoin’s network hash rate recently exceeding 855.7 exahashes per second, the chances for individuals are extremely slim.

To put it in perspective, a miner running at 126 TH/s

—considered a significant setup for solo mining in 2022—would face odds of 1 in 1.3 million. The recent wins at 1.2 TH/s and 6 TH/s are

rare events that demand both expertise

and a great deal of luck.

As Bitcoin’s halving events continue to decrease block rewards, the debate over the roles of individual versus industrial miners in decentralization is likely to persist. For now,

the most recent solo mining windfall

stands as proof that, in the crypto world, even small-scale participants can sometimes hit the jackpot.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- Bitcoin maintains market dominance with Altcoin Season Index at 24, indicating most altcoins lag behind. - Bitcoin’s price decline correlates with waning Trump support, as highlighted by economist Paul Krugman. - BlackRock’s IBIT ETF sees $3.2B unrealized gains as Bitcoin rebounds to $90,000. - Technical indicators show mixed near-term prospects, while a few altcoins like Aster surged over 1,200%. - Analysts suggest regulatory clarity or tech breakthroughs could trigger next altcoin season after prolonge

Bitget-RWA•2025/12/01 01:32

Bitcoin News Update: Bitcoin's Value Drops in Parallel with Declining Political Clout of Trump

XRP News Today: Is the $2.25 Barrier for XRP the Gateway to a Bullish Surge or a Signal for a Bearish Turn?

- XRP stabilized near $2.226 support, showing ETF-driven demand and improved technical indicators amid market rotation. - A $2.25 breakout is critical for confirming an upward trend, with failure risking a retest of $2.15 support. - Broader crypto-USD rotation and Bitcoin halving anticipation create favorable conditions but remain sensitive to equity market shifts. - Traders must monitor $2.25 resistance and maintain tight risk management as ETF inflows and macroeconomic factors shape near-term volatility.

Bitget-RWA•2025/12/01 01:32

XRP News Today: Is the $2.25 Barrier for XRP the Gateway to a Bullish Surge or a Signal for a Bearish Turn?

Fed's Leadership Ambiguity and Divergent Policy Views Fuel Market Fluctuations Ahead of December Meeting

- U.S. Federal Reserve faces speculation over Chair Powell's future amid mixed signals and internal divisions on rate cuts. - Market expectations for a December rate cut surged to 84.7% as officials like John Williams shifted toward easing, while dissenters like Stephen Miran face criticism. - Trump's reported plan to nominate Kevin Hassett as next Fed chair risks politicizing monetary policy, with Treasury yields dipping below 4% on speculation. - OPEC+ supply pauses and political pressures complicate the

Bitget-RWA•2025/12/01 01:14

Fed's Leadership Ambiguity and Divergent Policy Views Fuel Market Fluctuations Ahead of December Meeting

XRP News Today: Clearer Regulations Propel XRP ETFs to $628M as the Asset Earns Greater Legitimacy

- Canary Capital's XRPC ETF dominates XRP ETF market with $250M inflows, outpacing all competitors combined. - Grayscale's GXRP and Franklin Templeton's XRPZ drove $164M debut inflows, boosting total XRP ETF AUM to $628M. - 2025 SEC ruling cleared XRP's secondary sales as non-securities, enabling institutional adoption and $2.19 price rebound. - XRPC's 0.2% fee waiver and institutional focus fueled $6B+ ETF trading volumes, reversing prior outflows. - Analysts project $6.7B XRP ETF growth within 12 months

Bitget-RWA•2025/12/01 00:56