The Bitaxe miner, a $150–$300 open-source Bitcoin mining device, achieved a rare solo mining success by finding Bitcoin block #887212, earning 3.17 BTC worth $246,501, as reported by Cointelegraph.

Solo mining with such a low hashrate (3.3 terahashes per second) is highly improbable due to Bitcoin’s competitive network, making this event a significant demonstration of luck in the mining process.

The Bitaxe, distributed by solo.skpool.org, supports Bitcoin’s decentralization by enabling individual miners to participate, countering the dominance of large mining pools.