Solo Bitcoin Miner Defies 1-in-100,000 Odds To Win $222K Block Reward

A solo bitcoin miner on the Bitcoin network has defied steep odds to successfully mine a block, securing the full reward of 3.128 BTC, valued at roughly $222,000 at current prices.

The miner solved block 944,306 early Thursday using CKpool in a solo configuration, according to data from mempool explorers. The payout consisted of the standard 3.125 BTC block subsidy, worth about $221,800, along with 0.003 BTC in transaction fees, adding roughly $212 to the total.

CKpool developer Con Kolivas confirmed the win, noting the miner operated with about 70 terahashes per second (TH/s) of computing power. That level of hashpower represents a fraction of the network and is comparable to a…

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