Did a $400 Bitcoin Mining Rig Really Just Mine a $330K Reward? Not Exactly
https://decrypt.co/303682/did-solo-bitcoin-mining-rig-330k-rewardA low-cost solo mining rig was used to mine a Bitcoin block on Wednesday, though they secured the $330K prize with a little help.
And that’s what initially appeared to happen this week, when journalist Pete Rizzo flagged on X (formerly Twitter) that a solo miner using just a cheap home machine (valued at about $400) managed to mine a block and take home a reward of 3.125 Bitcoin—worth almost $330,000 at today’s prices.