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October 24, 2025cryptonews logocryptonews

Solo Miner Strikes Gold With $347,455 Bitcoin Block Reward

A solo Bitcoin miner has defied the odds to earn a $347,455 block reward, becoming the latest to win what many in the community call the “Bitcoin mining lottery.” Key Takeaways: A solo Bitcoin miner earned $347,455 after independently confirming block 920,440 through the Public Pool mining ￰0￱ miner ran their own solo mining pool on an Umbrel server, showcasing Bitcoin’s decentralized ￰1￱ win highlights the growing movement toward small-scale, open-source ￰2￱ to Bitcoin node infrastructure firm Umbrel , the miner struck lucky through the Public Pool mining pool, successfully confirming block 920,440 at 7:32 pm UTC on Thursday, data from ￰3￱ ￰4￱ miner received 3.125 BTC in block rewards plus an additional 0.016 BTC in transaction ￰5￱ Miner Wins Block Using Own Pool in Rare Display of Bitcoin Self-Sovereignty What makes the feat remarkable is that the miner did it entirely alone, running a solo mining pool instead of joining collective hash pools, where thousands of miners combine computing power.

“No ￰6￱ ￰7￱ pure self-sovereignty in action,” Umbrel ￰8￱ account Bitcoin Bazaar on X added: “A solo block has been mined by a solominer, mining on his own mining pool, hosted on an Umbrel ￰9￱ ￰10￱ need more of this.” Solo mining has long been viewed as an increasingly rare event, given Bitcoin’s massive global hash rate dominated by industrial-scale operations. However, such wins highlight how even small, independent miners can still make an impact, a reminder of Bitcoin’s decentralized roots. Wow, must have been a self ￰11￱ showing up on main public pool. — Matthias || FCT (@Muh_Thahy_Uhs) October 23, 2025 The trend coincides with renewed interest in pocket-sized Bitcoin miners, like those from Bitaxes, which sell for as little as $155.

While these devices contribute only a fraction of total hash power, advocates say they promote decentralization and transparency, offering an alternative to the closed-source ASIC miners used by major ￰12￱ the Bitcoin network continues to grow, solo mining remains a symbol of individual sovereignty, where one lucky miner can still compete with the giants and walk away with a life-changing ￰13￱ Lawmaker Calls for National Security Probe Into China-Linked Bitcoin Mining Firms In September, Congressman Zachary Nunn asked the US Treasury to launch a national security review of Chinese firms Bitmain and Cango, citing concerns over their expanding presence in the US crypto mining ￰14￱ a letter sent to Treasury Secretary Scott Bessent, Nunn pointed to opaque ownership structures, potential state ties, and risks to national infrastructure as grounds for a Committee on Foreign Investment in the United States (CFIUS) investigation.

Bitmain, which dominates over 80% of the global Bitcoin mining hardware market, and Nasdaq-listed Cango have both denied any merger plans. Still, Nunn raised alarms over their growth strategies in the US, complex financing arrangements, and possible involvement in US energy ￰15￱ concerns follow a $300 million equipment deal between Bitmain’s US arm and a Trump-linked mining ￰16￱ companies have stated they comply with US laws and have no ties to foreign governments.

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