🎓 Explain Like I'm 10
Someone spent a small amount of money to rent mining power from NiceHash for a short time. They pointed it at the Bitcoin network solo, hoping to win the lottery.
On May 17, 2026, against enormous odds, they hit the jackpot — block #949,768 worth $194,604. The cost of renting that hashrate? A fraction of the reward.
🎲 The Odds — Show Your Work
Miner's share of total Bitcoin hashrate
0.010821%
Miner: 95.2 PH/s vs Network: 879.5 EH/s
Miner hashrate (Estimated from block frequency (7 blocks found))
95.2 PH/s
Bitcoin network hashrate
879.5 EH/s
Chance of winning each block
1 in 9,241
Expected wait time at this hashrate
64 days
Expected blocks to find 1 solo block
9,241 blocks
Probability per block = miner_hashrate / network_hashrate
= 95.2 PH/s / 879.5 EH/s
= 1 in 9,241
Expected wait = blocks_to_win × 10 minutes
= 9,241 × 10 min = 2.1 months
⛏️ Miner Profile
Hashrate (24h)
95.2 PH/s (est. from 7 blocks)
Estimated from block frequency (7 blocks found)
Solo blocks found (tracked)
7 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 1,754,149,198 was the winner.
01,754,149,198 ← winner4,294,967,295
1,754,149,198
Winning Nonce
2,540,818,097
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 (99.45%)
Fixed reward, halves every 4 years
Fees — 0.017168 BTC (0.55%)
From 1,856 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 — 7 Blocks Found
$1,366,464
Total USD value
79 days
Avg between finds
Mar 4, 2025 · 18:28 UTC · NiceHash EasyMining
3.2007 BTC ≈ $198,226
May 7, 2025 · 05:07 UTC · NiceHash EasyMining
3.1439 BTC ≈ $194,712
⏱ 63 days since previous find
Jan 6, 2026 · 01:41 UTC · NiceHash EasyMining
3.1298 BTC ≈ $193,838
⏱ 244 days since previous find
Feb 7, 2026 · 14:39 UTC · NiceHash EasyMining
3.1496 BTC ≈ $195,066
⏱ 33 days since previous find
#949,768THIS BLOCK
May 17, 2026 · 06:18 UTC · NiceHash EasyMining
3.1422 BTC ≈ $194,604
⏱ 99 days since previous find
Jun 4, 2026 · 17:25 UTC · NiceHash EasyMining
3.1547 BTC ≈ $195,380
⏱ 18 days since previous find
Jun 20, 2026 · 02:12 UTC · NiceHash EasyMining
3.1427 BTC ≈ $194,638
⏱ 15 days since previous find
📊 At 95.2 PH/s hashrate, statistically expected to find a block every 64 days. Actual average: 79 days. 😤 Unlucky so far.