Lightning Strikes Twice as Solo Bitcoin Miners Beat the Odds, Each Earning $300K
Two solo Bitcoin miners each earned around $300,000 worth of BTC this week by independently mining a block—a rare feat in a landscape dominated by large mining pools like Foundry USA, AntPool, and F2Pool, which collectively mine nearly 57% of all Bitcoin blocks. Solo mining requires significant luck because the probability of successfully mining a block increases with more computing power, usually favoring large operations. The identities and locations of these solo miners are unknown, but this streak highlights the ongoing possibility of solo success despite industry trends. Meanwhile, U.S. Bitcoin mining firms have shifted some focus toward AI infrastructure, contributing to a decline in North American pools' market share—from over 40% to 35% within a year—while other regions, including China, have regained some ground in Bitcoin mining.
