Rented Power, Real Profit: One Miner’s $330K Bitcoin Win

Crypto News Cryptocurrencies

Rented Power, Real Profit: One Miner’s $330,000 Bitcoin Win

Written by Aaron S.,

Editor-In-Chief

Last Updated: June 05, 2025

Key Takeaways

A solo Bitcoin miner earned $330,000 by mining block 899,826 on June 5 using the Solo CK pool;
The miner likely rented 259 petahashes per second of hashrate, far above their usual power level;
The win came just days after Bitcoin's mining difficulty hit a record 126.98 trillion.

Stop overpaying - start transferring money with Ogvio. Sign up, invite friends & grab Rewards now! 🎁

Rented Power, Real Profit: One Miner’s $330,000 Bitcoin Win

BITDEGREE IN YOUR SOCIAL FEED

A Bitcoin miner recently managed to mine block number 899,826 and received a payout worth about $330,386.

Data from mempool.space showed the block was confirmed on June 5 at 03:48 AM UTC. It included 3,680 transactions.

The miner used the Solo CK mining pool and received the standard block reward of 3.125 BTC BTC $91,134.27 , along with 0.026 BTC in transaction fees. The average fee per transaction in that block was around $0.29, while the typical fee rate was about 2 satoshis per virtual byte.

Toobit Tutorial For Beginners (FULL Animated 2025 Guide)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

On June 1, the Bitcoin network adjusted its mining difficulty to a new peak of 126.98 trillion hashes per second.

After the block was confirmed, Con Kolivas, who manages the ckpool mining pool, said in a post on X that the miner had recently increased their hashrate to 259 petahashes per second. This is a high level of mining power for one person and was likely not from personal equipment.

Kolivas explained that only one worker ID was linked to the mining account, which likely means the miner rented the hashrate for a short time from a cloud mining service or online marketplace. He added that the account usually had a much smaller hashrate.

Meanwhile, GameStop confirmed it holds Bitcoin as part of its financial strategy. How much BTC did the company buy? Read the full story.