Solo Bitcoin Miner Earns ¥31 Million After Renting 1PH/s Hash Power

A retail participant mined 3.1 BTC by temporarily renting 1 petahash per second (PH/s) of computing power, reflecting the rise of independent mining activity.

BTC

Summary

An individual Bitcoin miner successfully mined 3.1 BTC valued at approximately ¥31 million after renting 1PH/s of hash power for several days. The achievement underscores the increasing popularity of solo mining among retail investors, who are leveraging short-term rentals of computing resources to participate in the Bitcoin network without large-scale infrastructure.

Terms & Concepts
  • Hash Power: Computational strength used in cryptocurrency mining to solve blockchain transactions.
  • Solo Mining: Mining method where an individual attempts to find and validate a block without joining a mining pool.
  • Petahash per second (PH/s): A unit measuring one quadrillion hashing operations per second used to gauge mining performance.