Single-Chip Bitaxe ASIC Miner Finds Bitcoin Block, Earns $200,580 in Rewards

According to Bitcoin News, a single-chip Bitaxe ASIC miner found Bitcoin block 957,382 on July 12, earning the full 3.1382 BTC block reward worth approximately $200,580. The miner, with a hash rate of 1 TH/s, retained 100% of the reward and transaction fees after mining through a 0% fee pool.

The discovery is extraordinarily rare—statistically, a 1 TH/s miner encounters such a probability once every 16,000 years on average, making this an exceptional occurrence.