One Miner, $150 Rig, $200K Payday in Bitcoin Windfall

Here’s a refined and smoothly reworded version:


Solo Bitcoin mining is experiencing a revival, with 24 blocks mined over the past year—a 41% increase compared to the prior period.

In a striking turn of events, a solo miner recently transformed a small-scale setup into a substantial payout.

Using a compact Bitaxe device designed for hobbyists, the miner successfully solved Bitcoin block 957,382, earning 3.1382 BTC—worth დაახლოებით $200,000.

The device had been running for only eight hours on the Public Pool network, operating at an average hash rate of just 995 GH/s, or roughly 1 TH/s.

This milestone represents only the second time a single Bitaxe unit has mined a block through Public Pool, with the accomplishment shared by the platform’s tracking account on X.

What is a Bitaxe?

The Bitaxe is a small, open-source ASIC miner roughly the size of a credit card. It uses the same Bitmain BM1370 chip found in large-scale Antminer S21 machines. The Gamma variant delivers between 1 and 1.3 TH/s while consuming just 15–21 watts of power, and typically costs between $60 and $150.

In simple terms, it’s akin to winning a lottery jackpot with a low-cost ticket.

Solo mining gains momentum

This isn’t the first time smaller miners have secured outsized rewards.

In 2026 alone, solo miners have already discovered 12 blocks. On June 29, a miner using Solo CKPool earned 3.16 BTC, while on May 31, another miner operating a group of 14 Canaan Nano devices (totaling 157 TH/s) successfully mined a block via Braiins Solo.

Over the past year, solo miners have collectively found 24 blocks, earning 75.44 BTC—a 41% increase year over year.

Despite these successes, the broader mining industry is under increasing strain. Tightening profit margins are pushing several major Bitcoin mining companies to shift toward AI data centers and related infrastructure to stay competitive.

Meanwhile, Bitcoin mining difficulty fell 5% to 127.17 trillion on July 12, after dropping more than 10% in mid-June before partially rebounding.

  • Related Posts

    XRP, ETH Dip Sparks Fresh Buying Calls While Traders Brace for More Volatility

    Here’s another rewritten version with a more polished financial-news style: XRP has seen a sharp increase in bullish social media sentiment even as its price continues to decline, a combination…

    Continue reading
    Government Moves Seized Bitcoin and Ether Holdings as $288M Transfer Hits Coinbase

    Here’s another rewritten version with a different structure and smoother narrative: The U.S. government transferred nearly $288 million worth of seized bitcoin and ether to Coinbase Prime, with bitcoin from…

    Continue reading