Home Miner Using FutureBit Apollo Solo Discovers Bitcoin Block Worth 3.154 BTC

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A home miner using FutureBit’s Apollo Solo mined Bitcoin block 973,262 on October 26, earning 3.154 BTC in block rewards and fees. On-chain data shows the block was attributed to 'FutureBit Apollo Solo,' with the coinbase referencing the company and its Apollo product. FutureBit announced the block propagation via X, noting the device was connected to a Solo Node. The miner likely used an Apollo BTC, Apollo II, or Apollo III. This is the fourth block credited to FutureBit Apollo Solo. Solo mining remains viable for individuals despite the dominance of large mining pools. FutureBit highlights the privacy and potential tax benefits of solo mining in certain jurisdictions.

A miner using FutureBit's Apollo Solo setup discovered Bitcoin block 973,262 earlier this week, earning the entire 3.154 BTC reward plus fees from 2,477 transactions. The block was found on October 26. Blockchain explorers including mempool.space identify the finder as "FutureBit Apollo Solo". The coinbase transaction contains references to FutureBit and Apollo.

FutureBit announced the discovery on X. FutureBit said an Apollo device or Solo Node used the built-in solo pool to construct the block template, distribute mining work and submit the finished block. Public blockchain records do not reveal the exact mining hardware or hashrate responsible for the winning hash. According to FutureBit, the equipment could have been an Apollo BTC, Apollo II, Apollo III or another compatible machine connected to a Solo Node.

The discovery represents at least the fourth block credited to FutureBit Apollo Solo. Previous discoveries include blocks 867,760, 881,423 and 888,737. FutureBit makes Apollo equipment for people seeking to operate a full Bitcoin node and mine independently at home instead of joining large commercial pools. The latest model, Apollo III, combines a full node with a mining capacity rated at up to 18 TH/s in turbo mode.

Solo mining is commonly described as lottery mining because a successful discovery offers a large reward despite very low odds. Solo mining remains uncommon, with the network's hashrate recently around 1,070-1,087 EH/s. Home equipment operating at 10-18 TH/s faces an expected wait of centuries to find a block at current difficulty. Nevertheless, blockchain records continue to show verified solo discoveries. Another solo miner found a block through CKPool Solo the following day. Individual operators can still earn entire block rewards, although industrial pools mine most blocks.

FutureBit says users of FutureBit hardware control the node and solo pool and keep the entire reward following a successful discovery. Solo mining offers substantial privacy advantages. Some jurisdictions allow hardware and electricity expenses to be deducted for tax purposes.

The October 26 discovery provides further evidence that solo mining can be viable. Satoshi Nakamoto's original Bitcoin design envisioned full nodes mining blocks as well as validating and auditing the blockchain. Subsequent hardware advances and mining optimizations gave rise to pools and a highly competitive industrial mining sector. Industrial Bitcoin mining has benefited states such as Texas through reliable electricity demand that can help stabilize the grid. However, FutureBit, Bitaxe and HeatBit continue pursuing household mining by developing home equipment or turning heating appliances into Bitcoin miners.

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