A solo miner managed to confirm a Bitcoin block and received over $200,000 in rewards by using rented hash rate instead of their own equipment. This case serves as another illustration of the capabilities of cloud services, which allow individual market participants to achieve significant profits in the cryptocurrency mining sector.
This is reported by Business • Media
Details of the successful mining
According to Braiins, the miner processed block #938092, receiving the standard reward of 3.125 BTC along with transaction fees. At the time of mining, this amount was equivalent to over $200,000. Rented computing power was used in the process—the miner acquired about 1 PH/s of hash rate for 119,000 satoshis (approximately $75), also paying a service fee. The operation was conducted through CKPool—a tool that allows for solo block mining using the pool’s servers for task distribution and solution submission.
“Solo mining remains a rarity, but such cases occur regularly.”
The on-demand hash rate model involves renting computing resources for a specified period without the need to purchase one’s own equipment. This significantly lowers the entry barrier to mining; however, it does not eliminate the main difficulty—the extremely low probability of successfully mining a block.
Information about the mined Bitcoin block. Data: Mempool.
According to Mempool.space, the block was processed at 08:04 UTC. Although such successes are rare, solo miners managed to mine 21 blocks over the past year, earning a total of about 66 BTC. Over the past 12 months, the number of successful attempts has increased by approximately 17%.
Statistics and other examples
Analytics from Solo Block Tracker indicate that, on average, a solo block is mined once every 17.2 days. The chances of success directly depend on the size of the rented power and the duration of its use.
For example, on February 11, 2026, a solo miner mined block #936100 and received 3.153 BTC (about $213,000 at that time), renting 450 PH/s for 90 minutes. The estimated probability of success at that time was only 0.4485%, according to AtlasPool.
A similar case occurred on December 12, 2025: another miner mined block #927474 through CKPool, earning about $285,000 including fees. Such stories prove that even minimal investments in rented hash rate can sometimes yield significant payouts.
It was previously reported that an anonymous miner accumulated Bitcoins worth $375 million over about eight years and never sold them.