- Solo Bitcoin miners have successfully earned full block rewards despite high network competition.
- The Bitcoin network’s hashrate remains near its peak at about 902 exahashes per second (EH/s).
- Recent solo mining wins were achieved using efficient hardware with significant hashrate.
- Experts note solo mining is mostly a gamble due to the low odds of solving a block alone.
- Some miners choose solo mining for potential large rewards and to promote network decentralization.
Solo Bitcoin miners have recently earned entire block rewards, overcoming challenging odds even as the network reaches record levels of competition. In one recent case, a solo miner secured block 907,283 through the Solo CK pool, collecting the full 3.125 BTC block reward valued at over $372,000, plus about $3,400 in transaction fees. Several other similar solo mining successes have been reported in recent months.
The current Bitcoin network hashrate is around 902 EH/s, according to Blockchain.com. This level means that competition among miners is extremely intense, and the difficulty of mining a block has increased. Despite these odds, some solo miners have won because they use powerful and energy-efficient hardware.
According to Samuel Li, chief technology officer at ASICKey, modern mining machines can deliver high hashrate with less power. Li said, “We’re seeing solo miners win blocks not because of luck, but because they’re running powerful, efficient hardware.” He highlighted the KEYMINER A1, which operates at 650 watts and delivers 1,100 terahashes per second (TH/s), earning about $1,200 per month on Bitcoin under recent market conditions.
ASICKey‘s devices include models offering up to 5,800 TH/s at 2,800 watts, with estimated returns for the KEYMINER PRO up to $6,300 per month. However, Li cautioned that solo mining remains unpredictable. He explained that at today’s network size, a miner with one petahash (PH/s) — equal to 1,000 TH/s — has about a 1 in 650,000 chance of finding a block every 10 minutes.
Interest in solo mining has slightly increased, but experts say many choose it not for regular earnings, but for the possibility of earning a large single payout. Li also said some miners value network independence and decentralization over steady income.
Data from Hashrate Index shows that large mining pools like Foundry USA, AntPool, ViaBTC, and F2Pool control most of the network’s hashrate. If a single pool or group surpasses 50% control, it risks a “51% attack,” which can undermine trust in the network by allowing double-spending of coins.
Li suggested that more solo miners using efficient, clean energy hardware could help support a healthier and more decentralized Bitcoin network.
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