Hobbyist’s $150 Bitaxe Mines 3.1382 BTC Solo Block
A solo miner using a $150 Bitaxe mined Bitcoin block 957,382 via Public Pool on July 9, 2026, receiving the full 3.1382 BTC reward, about $200,000.
On July 9, 2026 at approximately 03:30 UTC, a solo home miner using a single Bitaxe device mined Bitcoin block 957,382 through Public Pool and received the entire 3.1382 BTC reward. The payout consisted of the 3.125 BTC block subsidy plus about 0.0132 BTC in transaction fees. The miner was the only worker connected to the address and Public Pool charges no fee for solo configurations, so the full reward went to that operator.
The Bitaxe ran at an average 995.2 gigahashes per second for about eight hours before submitting the winning share. That share carried a difficulty of 294.14 trillion, more than double the network target, which met the requirement to confirm the block.
Bitcoin’s network hashrate at the time was near 874 exahashes per second and network difficulty about 133.9 trillion. A single 1 terahash-per-second machine represents a vanishing fraction of the total network hashrate; analysts estimate a device at that performance would need on average roughly 16,000 to 18,300 years to find a block.
The Bitaxe is an open-source, single-chip miner built around Bitmain’s BM1370 chip. Gamma-series units typically provide about 1.0 to 1.3 TH/s, draw 15 to 21 watts, connect over Wi‑Fi, run community-developed AxeOS firmware and display basic statistics on a small screen. Units commonly sell for between $60 and $150.
Public Pool supports both pooled and solo modes and applies no fee for solo setups. In solo mode, the miner who submits the single share that solves a block keeps the full reward instead of splitting proceeds among contributors. Other solo pool options are available.
The event circulated on X, where users posted reactions including “Never let anyone convince you that you can’t mine a block!!!” Records show solo block discoveries by small home devices since block 853,742 in 2024; roughly six weeks earlier a Canaan Avalon Nano 3S running about 6.68 TH/s found block 951,771.
The operator’s setup combined a modest hardware purchase and minimal household electricity use; a single winning share resulted in the full block payout.
The material on GNcrypto is intended solely for informational use and must not be regarded as financial advice. We make every effort to keep the content accurate and current, but we cannot warrant its precision, completeness, or reliability. GNcrypto does not take responsibility for any mistakes, omissions, or financial losses resulting from reliance on this information. Any actions you take based on this content are done at your own risk. Always conduct independent research and seek guidance from a qualified specialist. For further details, please review our Terms, Privacy Policy and Disclaimers.
Articles by this author
