Did a lone miner really receive a $326,000 reward?

According to the blockchain information, a Bitcoin miner received a significant reward of 3,151 BTC (equivalent to $326,337 at current rates ) after processing one block.

Block 899,826 was mined by a “solo miner”, which is quite rare.

However, according to keen observers on the X platform, the situation is not as clear-cut as it might seem.

Congratulations to miner bc1qa8r4up9nchkvdnhcf9feexv2jfantrk48ef374 who recently increased his hashrate to solve block 300 at https://t.co/UWgBvLkDqc! https://t.co/36sDX051fH pic.twitter.com/NY2KJUxlQQ

— Dr. -ck (@ckpooldev) June 4, 2025

A software engineer from the CK Miner pool reported on the platform that it appears the miner has received its hashrate from another source.

Dr. CK, the administrator of Solo.ckpool, a pool for independent miners, noted that it was “obvious” that the miner was renting computing power.

“It's likely that the hashrate was rented, as there was only one employee working, although the account had been mining for some time with a significantly lower hashrate,” he wrote.

Decrypt has reached out to the mining pool for further clarification.

Decrypt previously discussed with experts that while there is a growing number of “lone miners” making big wins, they often receive support – i.e. hashrate – from outside sources.

And the term “solo miner,” as it appears on blockchain data sites, doesn’t necessarily indicate a single individual with limited resources mining new coins on his own. Rather, it may refer to a mining operation that isn’t a major brand or public company that dominates the Bitcoin mining space.

Hashrate is the computing power used to mine Bitcoin. When blocks containing transaction information are processed by miners and added to the blockchain, they are rewarded for their work in the form of newly created Bitcoin.

However, Bitcoin mining is a complex industry: while it was once done at home on a personal computer, the industry has now expanded significantly, and operations typically involve large warehouses using vast amounts of electricity to process blocks.

Entering this space is not for those who are not willing to take risks, even with a crypto-friendly president in the White House and cheap energy available at mining hubs across the country. In addition to the competitive environment, the reward for miners has dropped to 3.125 bitcoins since the last halving last year.

Edited by James Rubin

Source: cryptonews.net