- A $150 Bitaxe Gamma ASIC miner successfully mined a Bitcoin block worth approximately $200,000, earning the full 3.1382 BTC block reward.
- The solo miner found Bitcoin block 957382 through Public Pool, an open-source, zero-fee solo mining platform.
- The Bitaxe Gamma delivers around 1–1.3 TH/s while consuming just 15–21 watts, making it a popular choice for hobbyist Bitcoin miners.
The cryptocurrency community has taken notice of an incredible Bitcoin mining achievement after a low-cost Bitaxe Gamma ASIC miner allegedly found a Bitcoin block valued at almost $200,000. The incident has rekindled debates over the decentralized nature of Bitcoin and demonstrated that even small-scale miners may contribute to network security.
Bitcoin block 957382 was successfully mined on July 9, 2026, by a lone miner utilizing a Bitaxe Gamma device via Public Pool, an open-source, free solo mining pool. The entire block reward of 3.1382 BTC, which includes transaction fees and the regular block subsidy, was sent to the miner. The award was worth about $200,000 at the time, based on the market price of Bitcoin.
$150 Bitaxe Gamma Miner Delivers One Of Bitcoin’s Biggest Solo Mining Wins
Typically priced between $60 and $150, the Bitaxe Gamma is a small, open-source ASIC miner. It is appropriate for enthusiasts and household users because it generates about 1 to 1.3 terahashes per second (TH/s) while using only 15 to 21 watts of power.
Another Bitaxe just found a solo Bitcoin block. ⚡️
A reminder that open-source hardware isn’t just for learning, it can make history.
Most Bitaxes will never find a block, but every hash is a real chance.
Congratulations to the lucky miner! 🍀⛏️ pic.twitter.com/56PtLnyQan
— Bitaxe.de (@Bitaxeshop) July 10, 2026
Even if it is reasonably priced, there is very little chance that a gadget with this much processing power will mine a Bitcoin block. A single 1 TH/s miner only makes up a very small portion of the entire hashrate of the Bitcoin network, which operates at about 900 exahashes per second (EH/s). This outcome is a very uncommon occurrence because industry estimates indicate that such a miner may statistically wait thousands of years before discovering a block.
After just eight hours of operation, the miner is said to have solved the block. Additionally, it is the second instance of a Bitaxe device successfully mining a single block via Public Pool, which raises awareness of open-source mining gear.
Bitcoin Mining Isn’t Just For Large ASIC Farms Anymore
Public Pool uses a solo mining model, in contrast to conventional mining pools that split rewards among participants. A miner receives 100% of the reward if they discover a legitimate block; pool fees are not subtracted. This strategy has a significantly smaller chance of regularly receiving rewards, even though it offers the potential for a sizable payment.
The narrative has rekindled interest in accessible Bitcoin mining. One of Bitcoin’s distinguishing characteristics, according to supporters, is that anyone with appropriate hardware and an internet connection can contribute to the network. The protocol itself does not stop smaller players from competing, even though big industrial mining firms still control the majority of the world’s hashrate.
However, experts warn that rather than being a predicted investment strategy, this result should be seen as an unusual statistical achievement. The majority of lone miners are unlikely to have comparable outcomes and frequently view mining as a pastime rather than a reliable source of revenue.
Stay informed with the latest trends in Web3, blockchain innovation, and cybersecurity updates at 3verseTV
You need to login in order to Like
Leave a comment