Solo Bitcoin miners are achieving significant success by claiming full block rewards despite the Bitcoin network’s hashrate nearing all-time highs at approximately 902 EH/s. Recently, a solo miner won 3.125 BTC, valued over $372,000, along with nearly $3,500 in transaction fees. This trend suggests a modest resurgence in solo mining, driven by miners utilizing efficient ASICs. These modern devices deliver high hashrates with limited power consumption, fostering profitability. For instance, one hardware model showcased offers 1,100 TH/s from just 650 watts, with potential monthly earnings of about $1,200, while other models offer even higher returns. While financial incentives attract miners, some also pursue solo mining for ideological reasons, preferring the independence it provides and its potential to enhance network decentralization. As powerhouses like Foundry USA and AntPool dominate the mining industry, a diversified base of solo miners could lead to a healthier Bitcoin network, aligned with the original vision of decentralization.

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