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Solo Miner Nabs $200K Bitcoin Block Reward Amid Coldcard Saga

Solo Miner Nabs $200K Bitcoin Block Reward Amid Coldcard Saga

A solo miner hit the jackpot this week, mining Bitcoin block 960804 and pocketing the full 3.125 BTC reward — worth roughly $200,000 at current prices. The miner's hashrate peaked at 100 PH/s, far above what typical hobbyists run, but still a fraction of the network's total power. The lucky strike comes as the Coldcard saga drags on, with investors losing millions of dollars worth of BTC to ongoing attacks.

The solo miner's setup

Dr-ck, a pseudonymous software developer at CKPool, said the miner likely rented the equipment. That would explain the unusually high hashrate for a solo operation. Bitcoin Archive, a market observer, described the miner as 'not the average Joe' but acknowledged the substantial luck needed to win a block solo. The odds of a single miner with 100 PH/s finding a block are slim — the network's total hashrate is in the exahash range.

The Coldcard backdrop

This block reward lands during a rough patch for Coldcard users. Investors have lost millions of dollars worth of BTC due to a series of attacks targeting the hardware wallet. The exact scale of the losses isn't public, but the saga has rattled the community. Dr-ck noted that the Coldcard chaos has not deterred the Bitcoin network from operating as intended. The network keeps chugging, blocks keep coming, and solo miners still get their shot.

Network keeps chugging

Dr-ck's point is blunt: the attacks are bad for those affected, but they don't break Bitcoin. The network processed block 960804 without a hitch. For the solo miner, it's a life-changing payday. For everyone else, it's a reminder that the system doesn't care about the drama — it just runs.

The Coldcard saga shows no sign of ending soon. Attackers continue to drain funds, and the community is still waiting for a fix or a definitive response from the wallet's developers. Meanwhile, the solo miner's $200,000 windfall is a bright spot in an otherwise grim week for some Bitcoin holders.