Bitaxe Bitcoin Miner with 3TH Mines 290th Block, Wins $200,000 Reward

Jul 24, 2024, 09:38 PM

A Bitaxe Bitcoin miner has successfully mined a Bitcoin block, marking a significant milestone in decentralized Bitcoin mining. The miner achieved this feat on the solo ckpool platform, using only a 500 Gh/s BitAxe with a tiny 3TH. This achievement is notable due to the extremely low probability of success, with the miner having a 1 in 1.2 million chance per day of finding the 290th solo block. The miner received a $200,000 reward for solving the block, making history in the open-source Bitcoin mining hardware community.