on February 24, 2026, a solo miner successfully mined bitcoin block #938092, earning a standard reward of 3.125 BTC, which was over $200,000 at the time. Notably, the miner rented computing power to do so, spending only about $75. According to Braiins, the miner used a hashrate-on-demand model, renting 1 petahesh per second (PH/s) of computing power for 119,000 satoshis (about $75). The work was done through the CKPool service, which allows individual miners to mine blocks on their own, using the pool infrastructure to submit tasks and send solutions. ([cointelegraph.com](https://cointelegraph.com/news/solo-bitcoin-miner-rare-btc-jackpot-rented-hashrate?utm_source=openai)) Such cases of solo mining are rare. Over the past year, 21 solo miners were able to mine a block, generating a combined 66 BTC, equivalent to about $4.1 million at current exchange rates. That's a 17% increase from a year earlier. ([cointelegraph.com](https://cointelegraph.com/news/solo-bitcoin-miner-rare-btc-jackpot-rented-hashrate?utm_source=openai)) This event underscores the potential for significant revenue generation in mining, even for individual participants using rented computing power. However, the probability of successfully mining a block alone remains extremely low, making such cases the exception rather than the rule.