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Author Topic: 2 solo-miners each mined 1 block on the bitcoin network  (Read 39 times)
m2017 (OP)
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October 29, 2026, 09:31:05 AM
 #1

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"Two anonymous solo Bitcoin miners each found a block on back-to-back days in late October. Each walked away with the full 3.125 BTC block subsidy plus transaction fees.

The first win came on October 26, 2026, with block #973,262. The miner behind it was running FutureBit Apollo Solo.

That block paid out approximately 3.154 BTC. Most of that is the fixed 3.125 BTC subsidy, and transaction fees supplied the rest.

The next day, October 27, a second solo miner landed block #973,413 through CKPool Solo. That reward came in at around 3.14 BTC.

At prevailing prices, each payout works out to approximately $253,000 to $255,000."

Source: https://www.tradingview.com/news/cryptobriefing:bed82777f094b:0-two-solo-bitcoin-miners-hit-jackpot-blocks-on-consecutive-days/

A little over 3 BTC (~$250k.) for a solo miner - not bad, right? In the case of the miner who successfully mined block #973,413, the computing power involved was approximately 16.4 TH/s. What kind of ASIC (or perhaps several older miners) do you think this might have been?

Naturally, it would be interesting to learn more details about these stories, for instance, how long these solo-miners had been operating in solo mode and what kind of equipment they were using. It would also be worth knowing their electricity costs leading up to the "win", as this is essentially a lottery or a form of gambling. With one key advantage, though: the resources spent on solo mining actually benefit the BTC-network and the BTC-community.

Would you ever take the risk of solo-mining (perhaps using an old ASIC to keep your feet warm while you're at it Smiley) - even knowing that the odds of successfully mining a block on your own are extremely low?

Karl_3000
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October 29, 2026, 09:39:20 AM
 #2

It is better you correct your subject title. People will think you are talking about one being a stale block while miners continue building on the other.

For solo miners to mine a block, this is something that occur frequently, but news just think that it can draw attention of people to their site is the reason they are talking about it like something that is new. I do not know if this will change later but since bitcoin mining reward halved to 3.125, there have been several solo miner that mine blocks.

I am also referring to miners participating in solo pools as solo miners.

Would you ever take the risk of solo-mining (perhaps using an old ASIC to keep your feet warm while you're at it Smiley) - even knowing that the odds of successfully mining a block on your own are extremely low?
I do not mine I hodl.

We are having El Nino here and it can become intensed later up to next year February.

FP91G
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October 29, 2026, 09:52:57 AM
 #3

Quote
"Two anonymous solo Bitcoin miners each found a block on back-to-back days in late October. Each walked away with the full 3.125 BTC block subsidy plus transaction fees.

The first win came on October 26, 2026, with block #973,262. The miner behind it was running FutureBit Apollo Solo.

That block paid out approximately 3.154 BTC. Most of that is the fixed 3.125 BTC subsidy, and transaction fees supplied the rest.

The next day, October 27, a second solo miner landed block #973,413 through CKPool Solo. That reward came in at around 3.14 BTC.

At prevailing prices, each payout works out to approximately $253,000 to $255,000."

Source: https://www.tradingview.com/news/cryptobriefing:bed82777f094b:0-two-solo-bitcoin-miners-hit-jackpot-blocks-on-consecutive-days/

A little over 3 BTC (~$250k.) for a solo miner - not bad, right? In the case of the miner who successfully mined block #973,413, the computing power involved was approximately 16.4 TH/s. What kind of ASIC (or perhaps several older miners) do you think this might have been?

Naturally, it would be interesting to learn more details about these stories, for instance, how long these solo-miners had been operating in solo mode and what kind of equipment they were using. It would also be worth knowing their electricity costs leading up to the "win", as this is essentially a lottery or a form of gambling. With one key advantage, though: the resources spent on solo mining actually benefit the BTC-network and the BTC-community.

Would you ever take the risk of solo-mining (perhaps using an old ASIC to keep your feet warm while you're at it Smiley) - even knowing that the odds of successfully mining a block on your own are extremely low?

People do win the lottery, too but that happens more often than finding a block via solo mining. It is extremely rare to successfully mine a block when you have a low hashrate.
Just look at the market for solo-mining hardware, it’s flooded with offerings from various manufacturers ranging from simple mini ASICs to water heaters and space heaters that double as Bitcoin miners. I am certain that the volume of these ASICs being sold far exceeds the actual profit they generate.

zina13
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October 29, 2026, 11:18:59 AM
 #4

16.4 TH/s against ~800 EH/s is about 2e-8 of the network, so at 144 blocks/day you expect one block every ~900 years. Per year that is ~0.1%. Lottery, yes.

Solo EV is just pooled EV minus the pool fee - you trade steady small payouts for a tiny chance at the whole block. Old S9-class unit, ~1.3 kW, maybe $100 a month in power. If you already own it, the jackpot is free variance.
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