🎓 Explain Like I'm 10
Bitcoin mining is a giant lottery. Every ~10 minutes, one miner wins 3.1487 Bitcoin — worth $243,861 today.
On Mar 17, 2026, this miner using a Large mining farm found block #941,048. They were mining alone — no big pool, just their own machines competing directly against the entire Bitcoin network (965.9 EH/s total).
Winning solo means keeping 100% of the reward — no pool fees, no sharing. High risk, high reward.
⚠️ Miner Identity Assessment
🏭
🏭 Large Unknown Pool
Based on 37 blocks found from this address
1.12 EH/s
Implied Hashrate
How we estimate: Each Bitcoin block found requires approximately difficulty × 2³² hashes.
With 37 blocks over 252 days,
the implied sustained hashrate is 1.12 EH/s.
⚠️ Not a solo miner. At 1.12 EH/s this is a large mining operation — likely an unregistered pool or industrial farm that mempool.space doesn't yet have a signature for. We display the block for completeness but mark it accordingly.
🎲 The Odds — Show Your Work
Miner's share of total Bitcoin hashrate
0.027383%
Miner: 264.5 PH/s vs Network: 965.9 EH/s
Miner hashrate (Estimated from block frequency (37 blocks found))
264.5 PH/s
Bitcoin network hashrate
965.9 EH/s
Chance of winning each block
1 in 3,652
Expected wait time at this hashrate
25 days
Expected blocks to find 1 solo block
3,652 blocks
Probability per block = miner_hashrate / network_hashrate
= 264.5 PH/s / 965.9 EH/s
= 1 in 3,652
Expected wait = blocks_to_win × 10 minutes
= 3,652 × 10 min = 25 days
⛏️ Miner Profile
Hashrate (24h)
264.5 PH/s (est. from 37 blocks)
Estimated from block frequency (37 blocks found)
Solo blocks found (tracked)
37 blocks
🏗️
Large mining farm
Thousands of ASICs, industrial power
🎯 The Winning Number — Nonce Visualizer
To mine a block, the miner cycles through numbers from 0 to 4,294,967,295 at billions per second, checking if each produces a valid hash. Number 1,707,824,218 was the winner.
01,707,824,218 ← winner4,294,967,295
1,707,824,218
Winning Nonce
2,587,143,077
Numbers after
💡 The miner also tried different extra nonce values — restarting from 0 each time the full 4.29B range was exhausted. Modern ASICs can cycle through the entire nonce space in ~0ms.
💸 Fee Breakdown — What the Miner Captured
The block reward has two parts: a fixed subsidy set by Bitcoin protocol, plus transaction fees paid by users who wanted their transactions included.
Subsidy — 3.1250 BTC (99.25%)
Fixed reward, halves every 4 years
Fees — 0.023660 BTC (0.75%)
From 2,925 transactions in this block
⚡ Solo miners keep 100% of fees — no pool takes a cut. In pool mining, the fee revenue is also split among all pool members.
🏆 Miner Block History — 37 Blocks Found
116.3918
Total BTC earned
$9,014,427
Total USD value
Mar 5, 2026 · 07:01 UTC · Self-Hosted Solo
3.1335 BTC ≈ $242,690
⏱ 2 days since previous find
Mar 7, 2026 · 15:44 UTC · Self-Hosted Solo
3.1731 BTC ≈ $245,756
⏱ 2 days since previous find
Mar 9, 2026 · 15:56 UTC · Self-Hosted Solo
3.1639 BTC ≈ $245,044
⏱ 2 days since previous find
#941,048THIS BLOCK
Mar 17, 2026 · 19:48 UTC · Self-Hosted Solo
3.1487 BTC ≈ $243,861
⏱ 8 days since previous find
Mar 27, 2026 · 00:06 UTC · Self-Hosted Solo
3.1388 BTC ≈ $243,099
⏱ 9 days since previous find
Mar 31, 2026 · 15:39 UTC · Self-Hosted Solo
3.1410 BTC ≈ $243,268
⏱ 5 days since previous find
Apr 2, 2026 · 14:02 UTC · Self-Hosted Solo
3.1353 BTC ≈ $242,825
⏱ 2 days since previous find
Apr 6, 2026 · 17:25 UTC · Self-Hosted Solo
3.1827 BTC ≈ $246,498
⏱ 4 days since previous find
Apr 8, 2026 · 16:59 UTC · Self-Hosted Solo
3.1347 BTC ≈ $242,782
⏱ 2 days since previous find
Apr 8, 2026 · 23:12 UTC · Self-Hosted Solo
3.1270 BTC ≈ $242,183
⏱ 0 days since previous find
Apr 11, 2026 · 23:29 UTC · Self-Hosted Solo
3.1413 BTC ≈ $243,294
⏱ 3 days since previous find
Apr 23, 2026 · 19:57 UTC · Self-Hosted Solo
3.1416 BTC ≈ $243,314
⏱ 12 days since previous find
Apr 26, 2026 · 01:24 UTC · Self-Hosted Solo
3.1396 BTC ≈ $243,160
⏱ 2 days since previous find
May 3, 2026 · 16:19 UTC · Self-Hosted Solo
3.1379 BTC ≈ $243,027
⏱ 8 days since previous find
May 4, 2026 · 09:12 UTC · Self-Hosted Solo
3.1517 BTC ≈ $244,095
⏱ 1 days since previous find
May 8, 2026 · 09:22 UTC · Self-Hosted Solo
3.1384 BTC ≈ $243,066
⏱ 4 days since previous find
May 9, 2026 · 19:24 UTC · Self-Hosted Solo
3.1908 BTC ≈ $247,125
⏱ 1 days since previous find
May 10, 2026 · 14:35 UTC · Self-Hosted Solo
3.1301 BTC ≈ $242,420
⏱ 1 days since previous find
May 14, 2026 · 03:10 UTC · Self-Hosted Solo
3.1347 BTC ≈ $242,780
⏱ 4 days since previous find
May 15, 2026 · 16:01 UTC · Self-Hosted Solo
3.1576 BTC ≈ $244,549
⏱ 2 days since previous find
📊 At 264.5 PH/s hashrate, statistically expected to find a block every 25 days. Actual average: 7 days. 🍀 Running hot!