🎓 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 Jan 23, 2026, against enormous odds, they hit the jackpot — block #933,450 worth $255,656. The cost of renting that hashrate? A fraction of the reward.
🎲 The Odds — Show Your Work
Miner's share of total Bitcoin hashrate
0.417833%
Miner: 3.91 EH/s vs Network: 935.41 EH/s
Miner hashrate (Estimated from block frequency (149 blocks found))
3.91 EH/s
Bitcoin network hashrate
935.41 EH/s
Chance of winning each block
1 in 239
Expected wait time at this hashrate
2 days
Expected blocks to find 1 solo block
239 blocks
Probability per block = miner_hashrate / network_hashrate
= 3.91 EH/s / 935.41 EH/s
= 1 in 239
Expected wait = blocks_to_win × 10 minutes
= 239 × 10 min = 2 days
⛏️ Miner Profile
Hashrate (24h)
3.91 EH/s (est. from 149 blocks)
Estimated from block frequency (149 blocks found)
Solo blocks found (tracked)
149 blocks
🏗️
Industrial mining operation
Multiple EH/s — major mining company
🎯 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 1,378,846,441 was the winner.
01,378,846,441 ← winner4,294,967,295
1,378,846,441
Winning Nonce
2,916,120,854
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 (99.96%)
Fixed reward, halves every 4 years
Fees — 0.001330 BTC (0.04%)
From 5,595 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 — 149 Blocks Found
468.7264
Total BTC earned
$38,330,104
Total USD value
Sep 11, 2026 · 11:26 UTC · NiceHash EasyMining
3.1719 BTC ≈ $259,384
⏱ 0 days since previous find
Sep 11, 2026 · 20:29 UTC · NiceHash EasyMining
3.1300 BTC ≈ $255,952
⏱ 0 days since previous find
Sep 12, 2026 · 18:20 UTC · NiceHash EasyMining
3.1348 BTC ≈ $256,346
⏱ 1 days since previous find
Sep 14, 2026 · 03:06 UTC · NiceHash EasyMining
3.1461 BTC ≈ $257,275
⏱ 1 days since previous find
Sep 15, 2026 · 01:02 UTC · NiceHash EasyMining
3.1284 BTC ≈ $255,825
⏱ 1 days since previous find
Sep 15, 2026 · 04:32 UTC · NiceHash EasyMining
3.1287 BTC ≈ $255,847
⏱ 0 days since previous find
Sep 15, 2026 · 15:35 UTC · NiceHash EasyMining
3.1323 BTC ≈ $256,143
⏱ 0 days since previous find
Sep 16, 2026 · 10:18 UTC · NiceHash EasyMining
3.1313 BTC ≈ $256,060
⏱ 1 days since previous find
Sep 17, 2026 · 07:07 UTC · NiceHash EasyMining
3.1645 BTC ≈ $258,775
⏱ 1 days since previous find
Sep 17, 2026 · 08:02 UTC · NiceHash EasyMining
3.1401 BTC ≈ $256,782
⏱ 0 days since previous find
Sep 17, 2026 · 17:51 UTC · NiceHash EasyMining
3.1324 BTC ≈ $256,150
⏱ 0 days since previous find
Sep 17, 2026 · 22:22 UTC · NiceHash EasyMining
3.1564 BTC ≈ $258,116
⏱ 0 days since previous find
Sep 17, 2026 · 23:25 UTC · NiceHash EasyMining
3.1322 BTC ≈ $256,139
⏱ 0 days since previous find
Sep 18, 2026 · 06:24 UTC · NiceHash EasyMining
3.1378 BTC ≈ $256,595
⏱ 0 days since previous find
Sep 18, 2026 · 14:14 UTC · NiceHash EasyMining
3.1513 BTC ≈ $257,699
⏱ 0 days since previous find
Sep 19, 2026 · 00:48 UTC · NiceHash EasyMining
3.1469 BTC ≈ $257,338
⏱ 0 days since previous find
Sep 19, 2026 · 20:02 UTC · NiceHash EasyMining
3.1656 BTC ≈ $258,863
⏱ 1 days since previous find
Sep 20, 2026 · 01:15 UTC · NiceHash EasyMining
3.1283 BTC ≈ $255,813
⏱ 0 days since previous find
Sep 20, 2026 · 12:19 UTC · NiceHash EasyMining
3.1363 BTC ≈ $256,473
⏱ 0 days since previous find
Sep 20, 2026 · 15:20 UTC · NiceHash EasyMining
3.1330 BTC ≈ $256,203
⏱ 0 days since previous find
📊 At 3.91 EH/s hashrate, statistically expected to find a block every 2 days. Actual average: 2 days. 😤 Unlucky so far.