Here’s another rewritten version with a more news-style tone:
Solo Bitcoin mining has gained momentum, with independent miners discovering 24 blocks over the past 12 months—a 41% increase compared with the previous year.
One solo miner recently scored a rare Bitcoin mining victory, turning a small hobbyist setup into a reward worth nearly $200,000.
The miner used a compact Bitaxe device to successfully mine Bitcoin block 957,382, receiving a block reward of 3.1382 BTC.
The device operated through Public Pool for only eight hours, maintaining an average hash rate of 995 GH/s, or approximately 1 TH/s.
The achievement marks the second known instance of a single Bitaxe device successfully mining a block through Public Pool, according to data shared by the service’s tracking account on X.
Bitaxe: A small miner with a big payoff
Bitaxe is an open-source, credit-card-sized ASIC miner designed for individual users and hobbyists. It uses the same Bitmain BM1370 chip found in enterprise-grade Antminer S21 mining equipment.
The Bitaxe Gamma model delivers between 1 and 1.3 TH/s of computing power while consuming only 15–21 watts. The device is available at a relatively low cost of around $60 to $150.
For solo miners, finding a Bitcoin block with such a small device is comparable to hitting a jackpot with a low-cost lottery ticket.
Solo mining activity picks up
The recent success follows a series of strong results from small-scale Bitcoin miners.
Solo miners have already discovered 12 blocks in 2026. On June 29, a miner using Solo CKPool earned 3.16 BTC, while another miner on May 31 successfully mined a block through Braiins Solo using a cluster of 14 Canaan Nano devices with a combined hash rate of 157 TH/s.
Across the past year, solo miners have secured 24 Bitcoin blocks and earned a combined 75.44 BTC in rewards, representing a 41% increase from the previous year.
However, the broader Bitcoin mining industry continues to face challenges. Falling profit margins have encouraged several large mining companies to expand into artificial intelligence data centers and related infrastructure as they search for new revenue streams.
Bitcoin’s mining difficulty also declined 5% to 127.17 trillion on July 12, following a drop of more than 10% in mid-June before a partial recovery.
