Hobbyist solo miner scores a full Bitcoin block worth $270,000 despite 1 in 180 million odds — 3.146 Bitcoins mined by a single low-powered 6 TH/s ASIC with about 0.0000007% of the network’s hashrate

Dig up some Bitcoins
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A solo miner running just 6 terahashes per second of computing power has overcome odds of about 1 in 180 million to mine a full Bitcoin block via the CKpool pool. According to CoinDesk, the miner secured 3.146 BTC plus transaction fees — a payout worth around US$270,000 at current rates, despite commanding only about 0.0000007% of the network’s estimated 855.7 exahashes/sec of hash‑rate.

The figure was confirmed by CKpool creator Con Kolivas, who said that the miner only had “a one in 180 million chance” of solving a block on any given day. The miner employed an older‑generation ASIC capable of roughly 6 TH/s, submitted shares to CKpool’s solo‑mining infrastructure, and retained the full block reward minus CKpool’s 2% pool fee.

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Luke James
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Luke James is a freelance writer and journalist.  Although his background is in legal, he has a personal interest in all things tech, especially hardware and microelectronics, and anything regulatory. 

  • Co BIY
    How is the expected economic return compared to a lotto ticket ?

    Seems like a sound basis for a currency no ?
    Reply
  • ejolson
    If the big datacenters devoted to crypto switch to AI, maybe hash rates will go down. That would help solo mining, but could also cause the Bitcoin block chain to stall to the point where new transactions happen so slowly there is additional trouble.
    Reply
  • edzieba
    ejolson said:
    If the big datacenters devoted to crypto switch to AI, maybe hash rates will go down. That would help solo mining, but could also cause the Bitcoin block chain to stall to the point where new transactions happen so slowly there is additional trouble.
    Bitcoin mining using GPUs has been dead for over a decade and a half: it's all done with custom ASICs now. Those ASICs are not useful to repurpose to other tasks, so no Bitcoin miners will ever be 'switching' to other tasks, in the same way your oven timer cannot 'switch to AI'.

    In addition, part of the Bitcoin architecture is already regular adjustment in 'block difficulty' (average hashes computed to solve the hash collision challenge that constitutes 'mining' a block). If hashrate were to drop, 'difficulty' would also drop to maintain the average of 10 minutes between blocks.
    Reply