Two Solo Miners Hit the Bitcoin Jackpot Hours Apart, Winning a Combined $476,000
Key Takeaways
- •Two solo miners using Solo CKPool each solved a Bitcoin block roughly seven hours apart on the same day, earning a combined total of approximately 6.276 BTC, or about $476,000, including transaction fees.
- •The first miner solved block 974,893 at 07:51 Turkish time, which contained 3,955 transactions and yielded roughly 3.1335 BTC, while the second solved block 974,930 at 14:41 Turkish time, which contained 1,964 transactions and yielded approximately 3.1427 BTC.
- •Bitcoin developer Mononaut highlighted the double win on his X account, and mempool records independently confirmed that both blocks were generated through Solo CKPool.
- •Unlike traditional pool mining, the miner who solves a block keeps the entire reward rather than sharing it, with Solo CKPool charging a 2% infrastructure fee, meaning the $476,000 total is calculated before that deduction.
- •Solo block discoveries are exceptionally rare because Bitcoin's difficulty adjustment keeps average block intervals near ten minutes, and the next halving will lower the base subsidy from 3.125 BTC to 1.5625 BTC per block.
Two solo miners on the Bitcoin network hit the jackpot today, each uncovering a block roughly seven hours apart and walking away with the entire reward. The two blocks were found through Solo CKPool, and the combined payout — transaction fees included — came to approximately 6.276 BTC, equivalent to about $476,000.
The double win was flagged by Bitcoin developer Mononaut on his X account, and mempool records independently confirm that both blocks were generated by Solo CKPool. Wins like these are rare by design: Bitcoin's difficulty adjustment is calibrated to keep average block intervals near ten minutes network-wide, and any single miner's hash power is normally only a tiny sliver of the network's total computing power, so solo block finds arrive more like lottery jackpots than steady income.
The first miner solved block 974,893 on the Bitcoin network at 07:51 Turkish time. The block contained a total of 3,955 transactions and contributed approximately 0.0085 BTC in transaction fees on top of the base reward of 3.125 BTC (the subsidy set at Bitcoin's April 2024 halving, which cut it from 6.25 BTC per block), lifting the total block reward to approximately 3.1335 BTC — more than $237,000.
The second success came six hours and 50 minutes later, 37 blocks deeper in the chain. Block 974,930, found at 14:41 Turkish time, contained 1,964 transactions. Approximately 0.0177 BTC in transaction fees were collected in this block, and together with the base reward, the total payout reached approximately 3.1427 BTC, which works out to roughly $239,000.
Solo mining works differently from traditional pool mining: the reward for each block found is not shared among all participants. Rather than splitting payouts, the miner who actually solves a block keeps the majority of the reward after the pool's fee deduction. Solo CKPool charges a 2% fee for the infrastructure it provides. The model trades smooth, shared pool payouts for a low-probability shot at an entire block, which is what makes two full-reward wins landing on the same day so unusual.
As a result, the combined total of approximately $476,000 represents the rewards for the two blocks before that service fee is deducted. The fixed portion of those rewards is scheduled to shrink: Bitcoin's code halves the block subsidy roughly every four years, and the next halving is set to bring the base reward down to 1.5625 BTC per block.
*This is not investment advice.
