One Solo Miner Just Beat the Whole System - And Bitcoin Will Never Be the Same | HackerNoon
Briefly

In a striking event, a solo miner with only 21.7 PH/s made headlines by mining block 899826 on June 5, 2025, winning 5.6 BTC worth over $325,000 despite the staggering odds of 0.0001%. This accomplishment highlights the resilience and unpredictability of Bitcoin's decentralized model. While mining pools have come to dominate the landscape, the successful block mining by an individual serves as a critical reminder of Bitcoin's foundational promise of open participation. This event emphasizes that while systems may become efficient, they can also suppress decentralization, which is vital for the network's integrity.
On June 5, 2025, block 899826 was mined by a solo operator running just 21.7 PH/s. This reminds us that Bitcoin's original promise of permissionless participation is alive.
Even in a system tilted toward scale, randomness and resilience sometimes win. The miner's success proved that Bitcoin's probabilistic lottery still rewards individual contributions.
Pools introduce soft gatekeeping, rent extraction, and a real 51% attack risk. Solo mining winning is a reaffirmation of Bitcoin's design integrity over mere nostalgia.
Mining isn't just about rewards; it's about participation. The importance of decentralization not only enriches the ecosystem but sustains its foundational values.
Read at Hackernoon
[
|
]