Solo miner with FutureBit node earns the whole 3.125 BTC reward

Source Cryptopolitan

A solo miner succeeded in producing the header for Bitcoin block 881423, taking the whole 3.125 BTC rewards. The miner is part of a new drive to use simple equipment to bring back retail BTC block production.

A Bitcoin block at height 881423 was solved by a solo miner, who took the entire 3.125 BTC reward. Despite the near-record hashrate and competition, mining remains a game of luck, and the block was discovered with a small fraction of the total hashrate. 

The discovery of a solo block usually happens a few times a year and is highly improbable but not impossible. BTC is mined at more than 775 TH/s, while the miner did not exceed 992 ph/s and mined at a much lower rate. The block, valued at $326,301, was discovered with specially created, consumer-facing equipment mining at a low baseline rate. 

The block was also discovered at peak difficulty conditions after a year of constantly increasing the complexity of the Bitcoin puzzle.

Lucky block is the second one coming from FutureBit equipment

Solo mining can be done with any equipment, including a series of rigs. This time, the miner used FutureBit’s mining setup, which aims to bring back mining to retail users, relying on a bit of luck to discover a block. 

The recently discovered block is actually the second for a FutureBit user. In October 2024, a FutureBit user solved block 867760, again with a 3.125 BTC reward. 

Solving two blocks through FutureBit usage is an achievement that may raise exposure for the project. 

The second block, which was solved this January, was also discovered accidentally during a FutureBit publicity event. FutureBit used the event to showcase its equipment and hashrate, pointing hashing power with a self-hosted Apollo node. 

The block was thus discovered during the fundraiser event of the 256 Foundation, a Bitcoin education and mining initiative. 

The event also meant that the block actually required multiple FutureBit devices to achieve the maximum hashing power. At the same time, discovering a block with such a low hashrate was an astronomically rare event. 

Essentially, owners of FutureBit equipment ran their own Apollo node, then worked as a mini-pool to point peak hashrate. With a bit of luck, the wallet connected to the node grabbed the reward. FutureBit did not give more details on who will end up with the prize. Estimates of the mining event during the fundraiser show that there were 296 participants with coordinated mining equipment, though only a single node took the reward. 

FutureBit wants to move away from large pools

The ‘Made in USA’ mining most often refers to the top US-based pools, especially Foundry. Pool competition is global, but large-scale miners are usually regional. US-based mining leaders include MARA Holdings, Canaan Minind, and other publicly traded companies. 

FutureBit aims to bring a form of solo mining that offers a mix of equipment and node operation tools and a return to solo mining. FutureBit does not limit its hashrate but aims to solve the BTC block solo without adding that hashrate to a larger pool. 

Solo mining operations can also happen with a hashrate from large mining centers. The disadvantage of solo mining is the rarity of discovering a block. The main advantage is that the block reward is not shared with all pool participants. 

FutureBit offers node equipment that can connect to extremely high hashrate and is compatible with big data centers or even pools. Apollo nodes can also handle minimal, retail-sized hashrate from one or multiple machines. 

FutureBit’s equipment is a multi-chip ASIC, capable of producing around 3 TH/s. This amount of hashing power is insufficient to solve a node with any realistic probability, but has the advantage of running a full archival Bitcoin node. 

The equipment moves away from the dominance of large mining centers, and may be used to sign and verify personal transactions faster. Running a node is also one of the key components of a more widely decentralized Bitcoin network, which relies on more diversified hardware. Apollo retails for under $700, allowing retail miners to run a node or run the chance of solving a block with a relatively smaller investment.

Cryptopolitan Academy: FREE Web3 Resume Cheat Sheet - Download Now

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin falls below $75,000 as the CLARITY Act fails in the Senate — what the vote means for cryptoThe US Senate blocked the Digital Asset Market CLARITY Act in a 49-50 procedural vote, sending Bitcoin briefly below $75,000 — its biggest one-day drop since June. Ethereum fell more than 8%, Coinbase slid 10% and $75 billion of crypto market value evaporated. Here is what the vote was, why it failed, and the levels that matter now.
Author  Suzie
Sep 16, Wed
The US Senate blocked the Digital Asset Market CLARITY Act in a 49-50 procedural vote, sending Bitcoin briefly below $75,000 — its biggest one-day drop since June. Ethereum fell more than 8%, Coinbase slid 10% and $75 billion of crypto market value evaporated. Here is what the vote was, why it failed, and the levels that matter now.
placeholder
Dollar index tops 100 for the first time since July as the Fed's hawkish dot plot sinks inThe U.S. dollar index broke back above 100 for the first time since 31 July after the Fed delivered its first rate hike since 2023, with the dot plot showing 16 of 18 officials expect at least one more increase this year. Here are the levels that matter for DXY, the currencies feeling it most, and what to watch next.
Author  Irene Q.
Sep 17, Thu
The U.S. dollar index broke back above 100 for the first time since 31 July after the Fed delivered its first rate hike since 2023, with the dot plot showing 16 of 18 officials expect at least one more increase this year. Here are the levels that matter for DXY, the currencies feeling it most, and what to watch next.
placeholder
Gold ends three-week slide at the $4,400 line — eight straight days of ETF inflows vs a 5% 10-year and a 100 dollarSpot gold closed Friday at $4,378.39, up 0.84% on the day and about 0.8% for the week — its first weekly gain in four weeks — with the intraday high of $4,399.67 leaving it 33 cents shy of the $4,400 line. Gold ETFs have now logged eight straight sessions of inflows, but with the 10-year back above 5% and the dollar index near 100, here is what decides whether this is a reversal or a bounce.
Author  Suzie
Yesterday 05: 53
Spot gold closed Friday at $4,378.39, up 0.84% on the day and about 0.8% for the week — its first weekly gain in four weeks — with the intraday high of $4,399.67 leaving it 33 cents shy of the $4,400 line. Gold ETFs have now logged eight straight sessions of inflows, but with the 10-year back above 5% and the dollar index near 100, here is what decides whether this is a reversal or a bounce.
placeholder
Bitcoin squeezes back above $80,000 — 110,000 traders liquidated as the hawkish Fed and CLARITY setback fail to hold it down; is $83,000 next?Bitcoin closed above $80,000 on Friday for the first time since September 7, and pushed to $81,299 over the weekend, triggering about $603 million of liquidations — $523 million of them shorts — across more than 110,000 traders. With the Fed's hike already priced and the SEC and CFTC advancing crypto rules after the CLARITY Act failed, here is what stands between BTC and the $83,000 gate.
Author  Suzie
Yesterday 06: 19
Bitcoin closed above $80,000 on Friday for the first time since September 7, and pushed to $81,299 over the weekend, triggering about $603 million of liquidations — $523 million of them shorts — across more than 110,000 traders. With the Fed's hike already priced and the SEC and CFTC advancing crypto rules after the CLARITY Act failed, here is what stands between BTC and the $83,000 gate.
placeholder
Brent slides below $102 after Houthis' first strike on Riyadh — why oil can't hold $100Houthi forces struck Riyadh for the first time on September 19 and hit Yanbu facilities — yet Brent opened at $104.71, peaked at $104.90 and settled at $101.68 (-1.63% on the day). Here is the four-way data tug-of-war between strike escalation and supply recovery, and the two switches that decide where oil goes next.
Author  Irene Q.
10 hours ago
Houthi forces struck Riyadh for the first time on September 19 and hit Yanbu facilities — yet Brent opened at $104.71, peaked at $104.90 and settled at $101.68 (-1.63% on the day). Here is the four-way data tug-of-war between strike escalation and supply recovery, and the two switches that decide where oil goes next.
goTop
quote