Solo bitcoin miner makes $200,000 using $150 equipment

CoinDesk·

Solo bitcoin miner makes $200,000 using $150 equipment

60-second summary

A solo Bitcoin miner is making $200,000 using $150 equipment, capitalizing on the surge in solo mining, which has seen 24 blocks found in the past 12 months, a 41% increase year over year, driven by the rise in difficulty and the desire for decentralized mining, benefiting those with low-cost, efficient equipment and a strong internet connection.

Solo Bitcoin mining has surged, with 24 blocks found in the past 12 months, a 41% increase year over year.