A solo Bitcoin miner secured a $200,000 block reward with a budget mining rig, pushing payouts to hobby-level miners to $4.7 million for the past year.
A solo Bitcoin miner hit the jackpot and validated a solo block with a single Bitaxe mining rig, marking a rare win that beat massive statistical odds.
The retail Bitcoin miner secured a 3.125 Bitcoin (BTC) block reward, currently worth about $200,000, on Friday at block number 957382, according to blockchain data from mempool.space.
The miner was using a single Bitaxe mining rig, according to the BTC mining pool Public Pool. The Bitaxe was a budget, lower-power Bitcoin miner that costs less than $200 and has a hashrate of about 1 terahash per second (TH/s), which is a tiny fraction of the global Bitcoin network.
The solo block reward shows that even a sub-$200 investment in a mining rig can lead to a statistically rare payday for retail miners.
Another solo Bitcoin miner validated a solo block in April, through CKPool’s solo mining service. Earlier in February, another retail miner validated a solo block using rented hashrate from a mining provider, meaning that he didn’t own the physical mining rig that solved the block.
While mining a solo block is statistically rare, this marks the 12th Bitcoin block validated by a hobby-level miner so far in 2026, pushing the past 12 months’ total payouts to more than $4.7 million for retail miners.
Solo blocks mined increased by 41% year-on-year, as solo miners have validated a total of 24 blocks during the past year, according to solo miner data aggregator Bennet. This brings total rewards paid to solo miners to 75.4 Bitcoin, or $4.7 million, for the past year.
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The average interval for solo Bitcoin blocks stands at 15.2 days, while the longest drought without a successful solo block stands at 58 days.
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