Solo Bitcoin Miner Hits $200K Block Reward with Just $75 in Rented Hashrate

A solo Bitcoin miner has achieved a remarkable feat, solving a block and earning the full 6.25 BTC reward, valued at approximately $200,000, after investing only about $75 in rented computational power. This extraordinary event, which occurred at block height 828,575, highlights the extreme variance and potential lottery-like nature of solo mining. The miner utilized a service that rents out hashrate, allowing individuals to participate in mining without owning expensive hardware. While the odds are astronomically low, this success story demonstrates that profitable solo mining, against all odds, is still technically possible in the Bitcoin network. The block was solved with a relatively modest hashrate, making the win even more surprising for the crypto community.