A Solo Miner Solves a Valid Block and Wins 3.125 BTC Reward

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A lone Bitcoin miner has accomplished a remarkable feat by solving a Bitcoin block on their own, earning the full 3.125 Bitcoin block reward.

On April 28, Con Kolivas, who works in software and administers the solo mining pool ckpool, announced on X that the 282nd solo block in Bitcoin’s history had been solved by a solo miner.

This miner had an impressive hash rate of about 120 petahashes per second (PH/s) at the time, equivalent to about 0.12 exahashes per second (EH/s).

This amounted to about 0.02% of the total network hash rate, with an average of 12 PH/s over a week.

The Bitcoin block reward, which was recently reduced from 6.25 BTC to 3.125 BTC due to the Bitcoin halving at block 840,000 on April 20, was worth approximately $200,000 when block 841,286 was solved.