The recent block 899,826 mined by a solo miner has confirmed how bitcoin mining can still reward those who dare, especially in an extreme and highly competitive technical context.
This event indeed represents a rare and significant success within a network that records a record difficulty, demonstrating how innovative strategies and tactical moves can overturn the odds.
The winning strike of the solo miner in the bitcoin network
On June 5th, a solo miner achieved an exceptional result: the validation of a one-of-a-kind block, which earned him 3.15 bitcoin, equivalent to over 330,000 dollars.
This exploit was made possible thanks to the temporary use of a computing power of 261 PH/s (PetaHash per second), provided by the pool solo.ckpool.
This increase has multiplied its chances of success, starting from a usual activity of only 6.11 PH/s weekly.
The block included a total of 3,680 transactions, all confirmed smoothly, on a day with low network congestion.
This figure highlights not only the complexity of the operation, but also the miner’s ability to handle a considerable transactional load.
The success of the miner identified as “bc1qa8r…” goes beyond the simple economic win.
It represents a signal for the community: despite the large computing centers dominating the landscape, individual operators can still emerge, especially by using tactics of temporary rental of computational power.
This strategy, partly “clandestina”, indeed allows focusing at the right time and in the right way, avoiding the continuous investment of high resources.
Since last February, similar cases have been occurring, demonstrating that solo bitcoin mining is experiencing a new lease of life, even in historically unfavorable conditions.
The workload is anything but decreased; on the contrary, the network difficulty, now at 126.98 trillion, reaches record levels that would discourage anyone without a precise plan.
Block 899,826: a technical and statistical milestone
The validation of block 899,826 marks an important milestone, being the 300th block mined solo by the CKPool.
This is not just a number: it represents a milestone that fits into a context of maximum difficulty in bitcoin mining, with the network difficulty having no historical precedent.
Con Kolivas, administrator of CKPool, highlights the nature of this success:
“This computing power has almost certainly been rented.”
The technique of rental hashrate has indeed become a popular tactic to gain a temporary advantage without incurring high fixed investments.
This allows for a more flexible and targeted approach, essential in a scenario where the struggle to extract a block is played out on probabilities that can reach 1 in millions.
The probabilities of success for this particular block are around 0.03%, or about 1 in 3,050. This figure highlights the amount of energy and strategy behind each extraction, especially for a single miner.
Recently, other similar episodes have further astonished the community: another miner, in April, won $218,000 with odds of 1 in 5,000, while yet another managed to surpass an extremely unlikely 1 in 1.3 million.
These exceptional events fuel hopes and nostalgia, demonstrating that solo mining is not just a memory of the past, but a reality that evolves, adapting to new tools and the dynamism of the bitcoin network.
Mining with pool and rental of computing power
Solo mining through pools like solo.ckpool allows a single miner to benefit from shared resources without joining large stable groups, often devastated by fees and constraints.
The temporary rental of hashrate – that is, computing power of this type – lowers the entry barriers and allows for quickly shifting one’s tools to the most promising operations.
In the absence of high congestion, agility in transaction validation becomes a key element. Block 899,826 integrated 3,680 movements, an important number that reflects an accurate and impeccable operation.
When the network is fluid, confirmation costs decrease, and validation speed increases, allowing the miner to maximize gains.
This story shows that luck sometimes rewards the boldest, but also those who know how to act with rationality and flexibility. The growth of techniques for renting computing power and the possibility of solo block validation keep the door open for those who operate independently.
For bitcoin mining, this means that not only do large data centers dominate the landscape, but small or medium operators can also carve out a competitive space thanks to intelligent and targeted strategies.
This renewed interest in solo mining can represent an opportunity to diversify the network, making it more resilient and decentralized.
As a result, enthusiasts and new miners will be able to continue dreaming and trying their luck, aware that the road is still open – albeit challenging.
Block 899,826 represents a milestone in the history of bitcoin mining, not only for the monetary reward but especially for its technical and strategic nature. The future of the network could see a renewed balance between large factions and bold soloists.
Staying updated on the developments in mining and evaluating new possibilities for renting computing power will be crucial for anyone who wants to actively participate in this fascinating and constantly evolving world.
