Solo Bitcoin Miner Nabs $200K After Renting $75 Worth of Hash Power

Decrypt02-24 19:33

In brief A Bitcoin miner rented $75 worth of hash power and earned a $200,000 BTC reward by finding a block. Based on current Bitcoin mining dynamics, such an event is likely to happen only once ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2614424107?lang=en_US&edition=fundamental","thumbnail":"https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2025/09/bitcoin-miners-decrypt-style-01-gID_7.jpg@webp","is_english":true,"pubTime":"2026-02-24 19:33","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2614424107","market":"nz","top_or_hot":-1,"title":"Solo Bitcoin Miner Nabs $200K After Renting $75 Worth of Hash Power","media":"Decrypt","content":"<div>\n<p>In brief\nA Bitcoin miner rented $75 worth of hash power and earned a $200,000 BTC reward by finding a block. \nBased on current Bitcoin mining dynamics, such an event is likely to happen only once ...</p>\n\n<a href=\"https://decrypt.co//359005/solo-bitcoin-miner-wins-200k-block-reward-renting-hash-power\">Source Link</a>\n\n</div>\n","source":"decrypt_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Solo Bitcoin Miner Nabs $200K After Renting $75 Worth of Hash Power</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSolo Bitcoin Miner Nabs $200K After Renting $75 Worth of Hash Power\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-02-24 19:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://decrypt.co//359005/solo-bitcoin-miner-wins-200k-block-reward-renting-hash-power><strong>Decrypt</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In brief\nA Bitcoin miner rented $75 worth of hash power and earned a $200,000 BTC reward by finding a block. \nBased on current Bitcoin mining dynamics, such an event is likely to happen only once ...</p>\n\n<a href=\"https://decrypt.co//359005/solo-bitcoin-miner-wins-200k-block-reward-renting-hash-power\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BTC","symbol_name":"Grayscale Bitcoin Mini Trust","start_time":0,"source_url":"https://decrypt.co//359005/solo-bitcoin-miner-wins-200k-block-reward-renting-hash-power","article_id":"2614424107","we_media_id":null,"thumbnails":["https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2025/09/bitcoin-miners-decrypt-style-01-gID_7.jpg@webp"],"rights":{"source":"decrypt_highlight","url":"https://decrypt.co//359005/solo-bitcoin-miner-wins-200k-block-reward-renting-hash-power","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2614424107","pubTimestamp":1771932786,"columns":[],"sourceInfo":{"source_id":"decrypt_highlight","name":"Decrypt"},"weMediaInfo":null,"summary":"Despite incredibly long odds, someone scored a $200K BTC block reward after spending just $75 to rent Bitcoin mining power.","collect":0,"end_time":0,"defaultTopTitle":"decrypt.co","property":[],"viewcount":null,"language":"en","relate_stocks":{"BTC":"Grayscale Bitcoin Mini Trust","BITO":"比特币期货ETF-ProShares","BITX":"2倍比特币期货ETF-Volatility Shares"},"translate_title":"比特币矿工租用价值75美元的哈希电源后获得20万美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BITO":0.6,"BITX":0.6,"BTC":0.6},"content_text":"In brief\nA Bitcoin miner rented $75 worth of hash power and earned a $200,000 BTC reward by finding a block. \nBased on current Bitcoin mining dynamics, such an event is likely to happen only once every 21 years.\nParticipating in solo Bitcoin mining has been likened by experts to \"playing the lottery.\"\nA Bitcoin miner that rented $75 of mining power defied the odds by finding a solo block reward, earning more than 3.1 BTC worth around $200,000 early Tuesday. The individual rented the minimum 1 Petahash/s (PH) of hash power via Braiins hash power marketplace, which allows users to rent Bitcoin mining capacity directly from the company without needing to install or operate any physical hardware themselves. Based on the current hash rate of the Bitcoin network, at that mining capacity, a success would only occur approximately every 1 out of 1.1 million blocks, or about 21 years’ worth of mining, according to estimates from SoloChance.com. \n💥BREAKING\nA miner just found a 3.125 BTC block using on-demand hashrate.\n• 1 PH/s rented• 119k sats (~$75) spent• Block 938092• Worker: spiral• Hashpower fees: 0• Solo fee: 0.5% (CKPool open-source contribution)\nCongratulations! Try Hashpower today. Link in bio🍀 pic.twitter.com/S1F4MfuHPN\n— Braiins (@Braiins) February 24, 2026Solo mining wins are rare, as most Bitcoin blocks are found and awarded to large mining pools that have dedicated massive amounts of computational power to solving cryptographic puzzles, which underpin Bitcoin’s public ledger and network. But the act, likened by experts to “playing the lottery,” has provided a handful of jackpot winners of late. In January, two solo Bitcoin miners pulled in more than 3.1 BTC in respective rewards worth around $300,000 at the time. In December, another miner beat the odds, scoring a reward of more than $282,000 based on BTC’s price at that time. The feats are even more impressive when you consider the growing hashrate, or the total computational power of the network, which is above 1.1 Zhash/s on average per day according to data from Bitinfo. At this time last year, the network’s overall computational power was around 730 Ehash/s—about 61% of its current capacity.That growing share may be coming from miners in China or elsewhere, as North American mining pools saw a declining share of computation power in 2025. A portion of that decline can be attributed to pools and miners that had previously been focused on mining BTC shifting their attention to growing demand for AI compute.For example, publicly traded Bitcoin miners like Bitfarms are completely winding down their mining operations, while others like Riot Platforms are being urged by investors to capitalize on opportunities in AI.A representative for Braiins did not immediately respond to Decrypt’s request for comment. Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.Your EmailGet it!Get it!","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2614424107","isCrawlerRequest":true}