Solo Bitcoin miner earns $200,000 reward using a $150 Bitaxe mining device

A solo Bitcoin miner has stunned the crypto community after earning nearly $200,000 by successfully mining a block with a $150 Bitaxe device, a feat with odds typically measured in the millions to one for solo hardware of that scale. The event has renewed interest in solo mining as a lottery-style participation in network security, even as industrial mining pools continue to dominate overall hash rate.