One Bitaxe equipment, sold for about $150, recently dug out bitcoin blocks through the independent mining service Public Pool and received 3.182 BTC awards of approximately $200,000. At the time of this incident, bitcoin-wide mining was in the July fall phase.
Eight hours to dig the block.
Reports indicate that after approximately eight hours of operation on the Public Pool, the equipment submitted its effective share of the final winning bid. The average computing power of the equipment is approximately 995 GH/s, which is a low-capacity, small-volume miner.
The block chain records show that the incentive consists of 3.125 BTC block subsidies and approximately 0.0132 BTC transaction fees. Bitaxe Gamma shows that this type of equipment usually uses a single BM1370 chip, which is very close to 1.2 TH/s.
Public Pool does not share the incentive
Unlike common ponds, Public Pool uses a stand-alone mining model and does not allocate revenues as a proportion of the value. Without the extraction of effective blocks, the user would not have earned income; once successful, block subsidies and fees would have been unique.
Public Pool described the incident as a part of its hosting service, the second of which was dug by a single channel, Bitaxe. This means that the rewards are not shared by many, but are directly generated by a successful Hashi.
The whole network continues to fall back.
According to the data cited in the paper, 24 bitcoin blocks were dug by independent miners in the past 12 months, an increase of 41 per cent over the previous year, of which 12 blocks were dug by independent miners in 2026. However, such success stories remain rare.
Bitcoin's mining difficulty was reduced by 5 per cent to 127.17 trillion on the block on July 11th. The June difficulty was also reduced by 10.09 per cent. It was mentioned that miners still faced weak prices, some machine shutdowns and profit constraints, and that some miners were shifting power and infrastructure to AI and high performance computing.
Declining difficulty will slightly improve the probability of active miners coming out of the block, which will benefit from household equipment. However, the calculation gap between small-scale and industrial-scale mines has not changed. For most individual miners, the award of about $200,000 remains a low-probability event.
