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Hobbyist $150 Bitaxe Mines 3.1382 BTC Solo Block

The rare payout shows cheap, low‑power ASICs with zero‑fee solo pools can produce outsized rewards that are changing how people think about who mines Bitcoin.

Overview

  • A single Bitaxe Gamma device running at about 1 terahash per second won Bitcoin block 957,382 and collected 3.1382 BTC, a payout worth roughly $200,000 according to multiple reports and blockchain records.
  • The Bitaxe Gamma is an open‑source, credit‑card‑sized ASIC that uses Bitmain’s BM1370 chip, delivers roughly 1–1.3 TH/s while drawing 15–21 watts, and retails for roughly $60–$150.
  • The miner submitted the winning work through Public Pool, a zero‑fee, winner‑takes‑all solo pool that lets a single finder keep the entire block subsidy and fees.
  • Small solo wins have become more frequent this year, with trackers reporting 24 blocks found by solo miners in the past 12 months and a drop in network difficulty that slightly improves short‑term odds for tiny rigs.
  • Beyond the headline payoff, the trend matters because it nudges block production away from only large farms, changes the conversation about decentralization, and comes as big mining firms face tighter margins and explore moves into AI and other infrastructure.