CoinDesk·3 min read·medium
Solo bitcoin miner makes $200,000 using $150 equipment
O
Omkar Godbole
✦AI Summary
A solo Bitcoin miner successfully mined a block using a low-cost, hobbyist-grade Bitaxe device, earning approximately $200,000 in rewards. This rare event highlights the lottery-like nature of solo mining, even as the broader industrial mining sector faces increased financial pressure.
The miner equipped with a small, hobbyist-grade device called a Bitaxe recently struck Bitcoin block number 957,382 and walked away with 3.1382 BTC, worth roughly $200,000.
technologybusinesscryptoeconomy
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in