Cryptocurrency miner mines a block of bitcoin and receives a record $ 300,000 reward

Solo bitcoin miner BTC $96,630.66 Bitcoin 1.08% Market capitalization $1.92 trillion VOL. 24 hours $1.13 billion unexpectedly mined an entire block and received a reward of 3,125 BTC, which is equivalent to more than $ 300,000. The event took place on February 10, 2025, on block 883,181, which contained 3,071 transactions.

The miner was using a modified version of CKPOOL, which allows individual network members to mine blocks on their own without participating in large pools. Some experts suggest that the miner may have used a Bitaxe rig, a device designed for offline mining.

Mining a block alone in today’s environment is a rarity. This is because the global computing power of the Bitcoin network (hashrate) continues to grow. Over the past year, it has increased by 53%, reaching 788.86 million TH/s. The high level of competition forces miners to join large associations such as Marathon Digital or Riot Blockchain, which have the capacity to mine blocks on a regular basis.

The event coincided with the recovery of the cryptocurrency market, after the BTC rate crossed the $ 98,000 mark again. This followed a temporary drop in prices caused by US President Donald Trump’s announcement of new duties on steel and aluminum as part of the trade war.

Despite the recent growth, Bitcoin has not yet reached its new all-time high. on January 20, 2025, its price briefly exceeded $ 109,000, on the eve of Trump’s inauguration. Analysts expect further fluctuations in the face of an unstable economic situation.