A 1 TH/s Bitaxe miner found Bitcoin block 957382 in July 2026. The miner received the full block reward of 3.1382 BTC, worth about $200,000. For a miner with this hash rate, the theoretical time to find a block is about 16,000 to 18,000 years.
A leading global cryptocurrency platform,suitable for both beginners and experienced traders.
New user benefit: 20% off trading fees upon registration!！
After seeing this news, you might think: Is the spring of solo mining finally here? The answer is — what you saw is a "lottery win," not a "salary."
A Quick Check: This Is Not a Profit Model, It Is a Lottery Win
Solo block discovery and pool mining follow two completely different income logics. That is why this event cannot be used as stable proof that solo mining is profitable.
| Dimension | Pool Mining | Solo Block Discovery (This Event) |
|---|---|---|
| Income method | Shared by hash rate contribution; small, frequent, and stable | Reward only when a block is found; one block gives the full reward |
| Expected frequency | Income every day | At 1 TH/s, one block on average every 16,000 years |
| Who it suits | Almost all miners | Large farms with massive hash rate, or geeks who accept a "lottery mindset" |
The 2026 data is very direct: the total network hash rate is about 900 EH/s, and 1 TH/s accounts for only about one 90-billionth of the network. A small or medium miner with 230–270 TH/s has a daily solo win rate of only about 1/30,000, meaning it would take about 80 years on average to win once. The 1 TH/s block you saw was simply a statistical "lucky point," not the result of algorithm optimization or a successful strategy.
Why This Kind of Event Gets So Much Attention
Over the past 12 months, the number of solo-mined blocks rose 41% year over year, with 24 blocks mined in total. That increase is real, but there are several structural reasons behind it. It has nothing to do with solo mining becoming easier:
- Low-barrier devices became popular: Open-source micro ASIC miners like Bitaxe consume only 15–25 watts, so electricity costs are almost negligible. This lets ordinary hobbyists participate at a "lottery ticket cost."
- Solo mining pool tools matured: Services like CKPool and Braiins Solo allow miners to compete independently. After finding a block, miners keep the full reward after a 2% fee.
- Social media amplification: Every "small miner beats the odds" story brings huge traffic and encourages more people to try. But more people trying does not change the mathematical expectation of solo mining itself.
About 15%–20% of miners were operating at a loss in 2026. The 30-day average network hash rate had fallen about 21% from its peak, and miners' net holdings had turned negative. The real situation for miners is this: hash rate is shrinking, coins are being sold, and income is falling. In this context, a solo block is more a "symbol of geek spirit" than a signal that the industry is improving.
A leading global cryptocurrency platform,suitable for both beginners and experienced traders.
New user benefit: 20% off trading fees upon registration!！
So Should You Try Solo Mining or Not?
You can, but you should treat it as entertainment spending, not an investment strategy. If you use a micro device like Bitaxe with almost zero electricity cost, you can think of it as buying one lottery ticket. But do not expect it to pay your electricity bill. If you are a larger miner who needs stable cash flow, pool mining is still the only rational choice.
A simple way to check for yourself: Open a mining pool or miner monitoring page, enter your device's hash rate in TH/s, compare it with the current network difficulty and total hash rate, and calculate the theoretical time to find a block. If that number is measured in years and is not a single digit, then this news is just another "someone else won the lottery" story — look at it, but do not take it seriously.
