🎓 Explain Like I'm 10
Bitcoin mining is a giant lottery. Every ~10 minutes, one miner wins 6.6242 Bitcoin — worth $563,058 today.
On Jun 3, 2020, this miner using a Small mining farm found block #632,928. They were mining alone — no big pool, just their own machines competing directly against the entire Bitcoin network (1020.75 EH/s total).
Winning solo means keeping 100% of the reward — no pool fees, no sharing. High risk, high reward.
🎲 The Odds — Show Your Work
Miner's share of total Bitcoin hashrate
0.000065%
Miner: 666.2 TH/s vs Network: 1020.75 EH/s
Miner hashrate (Estimated from block frequency (2 blocks found))
666.2 TH/s
Bitcoin network hashrate
1020.75 EH/s
Chance of winning each block
1 in 1,532,129
Expected wait time at this hashrate
29.2 years
Expected blocks to find 1 solo block
1,532,129 blocks
Probability per block = miner_hashrate / network_hashrate
= 666.2 TH/s / 1020.75 EH/s
= 1 in 1,532,129
Expected wait = blocks_to_win × 10 minutes
= 1,532,129 × 10 min = 29.1 years
⛏️ Miner Profile
Hashrate (24h)
666.2 TH/s (est. from 2 blocks)
Estimated from block frequency (2 blocks found)
Solo blocks found (tracked)
2 blocks
🏭
Small mining farm
50–500 machines in a dedicated location
🎯 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 1,739,130,669 was the winner.
01,739,130,669 ← winner4,294,967,295
1,739,130,669
Winning Nonce
2,555,836,626
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 — 6.2500 BTC (94.35%)
Fixed reward, halves every 4 years
Fees — 0.374208 BTC (5.65%)
From 2,403 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 — 2 Blocks Found
$1,715,715
Total USD value
1165 days
Avg between finds
Mar 26, 2017 · 21:14 UTC · CKPool Solo
13.5607 BTC ≈ $1,152,657
#632,928THIS BLOCK
Jun 3, 2020 · 21:29 UTC · CKPool Solo
6.6242 BTC ≈ $563,058
⏱ 1165 days since previous find
📊 At 666.2 TH/s hashrate, statistically expected to find a block every 29 years. Actual average: 1165 days. 🍀 Running hot!