Solo – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sat, 29 Mar 2025 03:49:02 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Solo – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Bitcoin Mining from Bed: How a Solo Miner Struck $266,000 https://earlybirdsinvest.com/bitcoin-mining-from-bed-how-a-solo-miner-struck-266000/ https://earlybirdsinvest.com/bitcoin-mining-from-bed-how-a-solo-miner-struck-266000/#respond Sat, 29 Mar 2025 03:49:02 +0000 https://earlybirdsinvest.com/bitcoin-mining-from-bed-how-a-solo-miner-struck-266000/

A solo Bitcoin
BTC


$84,111.15

miner shared the story of how they managed to earn over $266,000 by finding block number 888,737 using a basic home setup.

The miner used three FutureBit Apollo machines and one Bitmain SK19Pro. According to an email shared with FutureBit, they explained how the equipment is usually set to run efficiently.

During colder months, the SK19Pro runs at 60 terahashes per second in the day and 100 at night. Apart from scheduled breaks during high electricity rates, all the settings remained unchanged.

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This setup, though small, was enough to solve a full block. The reward included both the standard block payout and transaction fees, which totaled over 3.15 BTC.

The miner said they were in bed, scrolling through the Apollo dashboard on their phone. The miner’s result made them stop in shock. After checking a wallet app to confirm, they ran to their computer to verify. On the screen, they saw the words “block accepted”.

Additionally, the message included more about the setup and routine. It showed that while the equipment was not high-end by industry standards, it was still enough to produce a major result. The miner highlighted that the machines were running under normal conditions and were not being pushed beyond typical usage.

On March 10, another solo Bitcoin miner secured a $263,000 reward by solving block number 887,212. How did they do it? Read the full story.

Aaron S. Editor-In-Chief

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

]]> https://earlybirdsinvest.com/bitcoin-mining-from-bed-how-a-solo-miner-struck-266000/feed/ 0 27802 Solo Miner Defies the Odds, Claims $300,000 Bitcoin Block https://earlybirdsinvest.com/solo-miner-defies-the-odds-claims-300000-bitcoin-block/ https://earlybirdsinvest.com/solo-miner-defies-the-odds-claims-300000-bitcoin-block/#respond Wed, 12 Feb 2025 06:49:58 +0000 https://earlybirdsinvest.com/solo-miner-defies-the-odds-claims-300000-bitcoin-block/

A Bitcoin
BTC


$96,073.24

miner managed to secure a reward of 3.125 BTC, worth over $300,000, after successfully mining a block on February 10.

The miner validated block 883,181, which contained 3,071 transactions, according to Mempool.space, a Bitcoin tracking platform. The total reward for the block, including fees, amounted to 3.15 BTC.

Marshall Long, a Bitcoin miner, noted in a February 10 post on X that the individual appeared to be using CKPOOL software but did not seem directly linked to it. He suggested the miner may have used a Bitaxe, a device that supports both solo and pooled mining.

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Mining Bitcoin as an individual is rare due to the growing difficulty of solving a block. Larger operations, such as Bit Digital, Riot Blockchain, and Marathon Digital, dominate the industry, using vast amounts of computing power to increase their chances of earning rewards.

Data from YCharts shows that Bitcoin’s total hashrate stood at 788.86 million on February 10. A higher hashrate means miners need more computing power, which leads to increased costs and a lower likelihood of solo miners finding blocks.

Bitcoin’s total supply is capped at 21 million, as outlined by its creator, Satoshi Nakamoto. Over 19 million BTC have already been distributed through mining rewards, according to the Blockchain Council.

Recently, a director at Coinbase



$2.45B

, Conor Grogan, suggested that Nakamoto could have a fortune larger than Bill Gates. What did he say? Read the full story.

Aaron S. Editor-In-Chief

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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