Here’s a smoother, more concise rewrite:
Solo Bitcoin mining is on the rise, with 24 blocks mined over the past 12 months—a 41% increase from the previous year.
In a remarkable stroke of luck, a solo miner recently turned a small investment into a major payday.
Using a compact, hobbyist-grade device called a Bitaxe, the miner successfully processed Bitcoin block 957,382, earning 3.1382 BTC—worth დაახლოებით $200,000.
The setup had been running for only eight hours via the Public Pool platform, with an average hash rate of just 995 GH/s, or about 1 terahash per second.
This marks only the second time a single Bitaxe unit has mined a block through Public Pool, with the achievement shared by the platform’s tracking account on X.
What is a Bitaxe?
The Bitaxe is an open-source ASIC miner roughly the size of a credit card. It uses the same Bitmain BM1370 chip found in large-scale Antminer S21 machines. The Gamma version delivers between 1 and 1.3 TH/s while consuming just 15–21 watts of power, and typically sells for $60 to $150.
In essence, it’s comparable to winning the lottery with a low-cost scratch ticket.
Solo mining gains momentum
This isn’t the first instance of solo miners achieving outsized returns with minimal setups.
So far in 2026, solo miners have discovered 12 blocks. On June 29, a miner using Solo CKPool earned 3.16 BTC, while on May 31, another miner operating a small cluster of 14 Canaan Nano devices (totaling 157 TH/s) successfully mined a block via Braiins Solo.
Over the past year, solo miners have uncovered 24 blocks in total, securing 75.44 BTC in rewards—a 41% increase year-over-year.
Despite these successes, the broader mining industry is under pressure. Tightening margins are pushing several large Bitcoin mining companies to pivot toward artificial intelligence data centers and related infrastructure to stay competitive.
Meanwhile, Bitcoin mining difficulty dropped 5% to 127.17 trillion on July 12, after falling more than 10% in mid-June before partially rebounding.
