How solo mining works
Your Moonshot Miner plugs you into the Bitcoin network’s nonstop guessing game, where the winner of the guessing game is rewarded 3.125 Bitcoins (worth about about $300,000). And this guessing game happens roughly every 10 minutes like a very serious, very nerdy raffle.
To win, a miner has to guess the correct solution to a cryptographic puzzle, and the big mining farms throw trillions of guesses per second at it using industrial hardware. Your Moonshot Miner hums along at about 1 million guesses per second (1,000 KH/s), which is tiny by comparison, but still a real participant in the global race.
What on earth is a "hash"?
Think of Bitcoin mining like a giant guessing game. There's a secret number, and the goal is to guess it. Every time your miner makes a guess, that's called a hash.
So:
One hash = one guess.
Your miner is basically sitting there going:
"Is it this number? ... nope.
Is it this one? ... nope.
What about this? ... nope..."
And it does this over and over again, ridiculously fast.
So how fast are we guessing?
Here's where it gets kind of mind-blowing.
Your Moonshot Miner runs at 1,000 KH/s - that's one thousand kilohashes per second. So 1,000 KH/s means your little miner is making:
1,000,000 guesses every single second.
That's one million guesses. Per second. Your miner is out here going absolutely feral while you sit on the couch watching Netflix.
Now step up to the Bitaxe Gamma at 1.2 Th/s - that's 1.2 terahashes per second. One terahash is one trillion guesses. So the Bitaxe is cranking through:
1,200,000,000,000 guesses every single second.
One point two trillion. Every. Freaking. Second.
To put that in perspective - if every single person on Earth made one guess per second, that's about 8 billion guesses a second. The Bitaxe Gamma is making 150 times more guesses than every human on the planet combined, without even breaking a sweat.
And it just keeps going. All day. All night. Rain, hail or shine. Quietly sitting on your desk, making trillions of guesses while you sleep, hoping that one of them - just one - hits the jackpot.
What are the odds?
Let's be real, the Bitcoin network is massive, and that's part of what makes it so exciting.
Finding a block with a small miner is rare, but not impossible. Think of it less like chasing a needle in a haystack, and more like holding a lottery ticket that never expires - and keeps playing automatically, 24/7.
Every 10 minutes, a new Bitcoin block is created. That means a brand new "round" begins - and your miner is right there, submitting guesses nonstop. You're always in the game, always taking your shot.
How your chances compare
Not all miners are created equal - and the difference in power directly affects how many “tickets” you effectively hold in each round.
Let's get honest about the numbers - and why context makes them more exciting than they first appear.
Running a Moonshot Miner at 1,000 Kh/s, your annual odds of hitting a solo block are roughly 1 in 15 billion. That's a long shot - no sugarcoating it. But it costs you next to nothing in electricity, runs silently in the background, and gives you a genuine, non-zero chance every single day.
Step up to the Bitaxe Gamma at 1.2 Th/s, and the picture changes dramatically. At that hashrate, your annual odds of solving a block jump to around 1 in 12,000. That means if 12,000 Bitaxe Gamma miners each ran for a year, statistically one of them would strike gold - and that winner walks away with the full block reward of 3.125 Bitcoins (worth over $300,000 at today's prices).
Now compare that to Powerball. Playing every single week for a full year gives you roughly 1 in 2.6 million odds of winning Division 1 - and that costs you $10–$20 a week. The Bitaxe Gamma's annual odds are actually more than 200 times better than a year of Powerball tickets, and your miner keeps running year after year, compounding your chances over time.
The Moonshot Miner is your fun, low-cost ticket in the game - always on, always in the draw. The Bitaxe Gamma is for the serious dreamers who want the best odds a solo home miner can deliver. Either way, you're not just watching from the sidelines - you're in the race, 24/7, with blinking lights to prove it.
Why people love it
People love Moonshot Miner because it’s fun and engaging - you can watch it live as it joins the worldwide block race, instead of imagining some distant warehouse of mystery machines. It offers a true lottery‑style thrill, where the tiny chance of winning keeps things exciting, and it doubles as an educational tool that helps you understand how Bitcoin mining actually works. It’s efficient too, sipping just about 1W of power, which usually costs only cents a month to operate - cheaper than your coffee habit, and jitters not included.
Disclaimer: The Moonshot Miner is a novelty, hobbyist device built for entertainment and educational use. It does not guarantee Bitcoin rewards, income, or any kind of financial returns, and the odds of success are extremely low - so treat it like a techno-toy, not an investment plan.