A solo Bitcoin miner achieved a remarkable feat by securing a $266,000 reward on Friday (August 18th), surprising experts with the modest computational power used to accomplish this. The miner, operating a hobby-grade machine, managed to solve block 924,569 with only about 1.2 terahashes per second (TH/s) – significantly less than the typical power required for such rewards. This accomplishment was highlighted by CKpool creator Con Kolivas, who noted the rarity of this outcome and estimated a 1.2 million to one probability of achieving it daily based on the miner’s hash rate. The miner’s reward consisted of 3.125 BTC from the block subsidy and an additional 0.021 BTC from transaction fees for a total of 3.146 BTC, as confirmed through onchain data.