Solo Miner Wins $200K Bitcoin Block With $150 Bitaxe Rig
What happened: A hobbyist solo miner using a single Bitaxe Gamma device, retailing for $60–$200, successfully mined Bitcoin block #957,382 on July 9, 2026, via Public Pool.
What happened: A hobbyist solo miner using a single Bitaxe Gamma device, retailing for $60–$200, successfully mined Bitcoin block #957,382 on July 9, 2026, via Public Pool. The miner earned 3.1382 BTC, worth about $200,000, after just eight hours of operation. The odds of such a win at this hashrate are estimated at 1 in 6.5 million per day, with an expected time-to-block of over 18,000 years.
Why it matters: This event underscores the continued viability, albeit rare, of hobbyist mining in Bitcoin’s ecosystem. In 2026, solo miners have found 12 blocks so far and 24 over the past 12 months, representing a 41% year-over-year increase and totaling approximately $4.7 million in rewards. The story highlights both the lottery-like nature of solo mining and the growing accessibility of mining technology for individuals.
Source: Cointelegraph, CoinDesk