Solo Miner Turns $75 Into $200,000 Bitcoin Block Reward Using Rented Hashrate
The post Solo Miner Turns $75 Into $200,000 Bitcoin Block Reward Using Rented Hashrate appeared on BitcoinEthereumNews.com.
A rare and remarkable event in the Bitcoin mining world occurred recently when an independent miner validated an entire Bitcoin block — earning the full block subsidy of 3.125 BTC — after spending only about $75 on rented computing power. The feat was confirmed by mining firm Braiins on social media and reflected on‑chain data. According to Braiins, the miner successfully mined Bitcoin block 938092 — earning the full 3.125 BTC subsidy, worth roughly $200,000 at current prices — after renting about 1 petahash per second (PH/s) of hashpower via an on‑demand service. The total rental cost was reported as roughly 119,000 satoshis (about $75). The operation was coordinated using CKPool, a platform that lets solo miners broadcast and submit block solutions while retaining full block rewards when successful. This result came not from owning large mining hardware, but from temporary, rented hashrate — a model that lets hobbyists and smaller operators participate in Bitcoin mining without massive upfront investment. On‑demand hashrate essentially acts like a cloud‑based mining service, allowing users to rent SHA‑256 compute for a set period and point it at a mining pool or network target. Why this is so rare Solo block rewards in Bitcoin mining have become increasingly uncommon as the network’s total computing power and difficulty have climbed. Large mining pools dominate block production because they combine massive hashpower from many miners, dramatically improving odds of finding blocks. By contrast, individual miners — especially those using modest or rented hashpower — face very low probabilities of solving a block on their own. Data aggregator Bennet shows only 21 solo miners have found blocks over the past year, a total of about 66 BTC worth approximately $4.1 million at current prices — representing roughly one solo block every 17.2 days on average. That rate is…
Filed under: News - @ February 24, 2026 9:28 pm