A $300 desktop miner, the Canaan Avalon Nano 3S, unexpectedly mined a Bitcoin block worth approximately $232,000 on May 30, 2026. This rare event occurred at block height 951771, with the block reward totaling 3.1404 bitcoins. The miner, part of a small fleet with a total hash rate of 147 TH/s, achieved this feat despite its individual hash rate of just 6.68 TH/s, highlighting the improbable odds akin to winning a lottery. The event underscores the enduring potential for small-scale miners to compete in a landscape dominated by large mining farms. The miner used Braiins Solo, a mining pool designed for solo miners, allowing it to claim the full reward. Despite the low probability of success, this incident reaffirms the decentralized ethos of Bitcoin, where even modest participants can achieve significant rewards.
$300 Desktop Miner Unexpectedly Mines $232,000 Bitcoin Block
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