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Just read about this solo bitcoin miner who rented $75 worth of computing power and somehow validated a block yesterday, pocketing the full 3.125 BTC reward. That's over $200K for basically a lottery ticket. The odds of that happening with just 1 petahash of rented hashrate against the entire network? Absolutely insane.
What's wild is how accessible bitcoin mining has become lately. You used to need serious hardware to even attempt solo mining, but now with cloud hashrate rentals, anyone can take a shot for pocket change. This lucky miner used CKPool to coordinate their rented computing power, and apparently the timing was just right. Over the past year, 21 individual miners have actually pulled off solo blocks like this, earning around 66 BTC combined despite network difficulty climbing to 144.4 trillion. That's roughly one successful solo block every 17 days.
The whole thing feels like someone just won a scratch-off lottery, except the odds are actually transparent and you can calculate them. Network difficulty keeps adjusting, but for that brief window when it dropped during the winter storms, this miner made their move. BTC is hovering around $74.2K right now, so that block reward is sitting pretty. Makes you wonder how many other miners are out there renting cheap hashrate hoping for their own miracle moment.