🎓 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 #933,522 worth $271,533. The cost of renting that hashrate? A fraction of the reward.
🎲 The Odds — Show Your Work
Miner's share of total Bitcoin hashrate
0.438302%
Miner: 4.03 EH/s vs Network: 918.46 EH/s
Miner hashrate (Estimated from block frequency (155 blocks found))
4.03 EH/s
Bitcoin network hashrate
918.46 EH/s
Chance of winning each block
1 in 228
Expected wait time at this hashrate
2 days
Expected blocks to find 1 solo block
228 blocks
Probability per block = miner_hashrate / network_hashrate
= 4.03 EH/s / 918.46 EH/s
= 1 in 228
Expected wait = blocks_to_win × 10 minutes
= 228 × 10 min = 2 days
⛏️ Miner Profile
Hashrate (24h)
4.03 EH/s (est. from 155 blocks)
Estimated from block frequency (155 blocks found)
Solo blocks found (tracked)
155 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 1,131,757,202 was the winner.
01,131,757,202 ← winner4,294,967,295
1,131,757,202
Winning Nonce
3,163,210,093
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 (99.16%)
Fixed reward, halves every 4 years
Fees — 0.026387 BTC (0.84%)
From 3,002 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 — 155 Blocks Found
487.6514
Total BTC earned
$42,017,504
Total USD value
Sep 15, 2026 · 15:35 UTC · NiceHash EasyMining
3.1323 BTC ≈ $269,887
⏱ 0 days since previous find
Sep 16, 2026 · 10:18 UTC · NiceHash EasyMining
3.1313 BTC ≈ $269,800
⏱ 1 days since previous find
Sep 17, 2026 · 07:07 UTC · NiceHash EasyMining
3.1645 BTC ≈ $272,661
⏱ 1 days since previous find
Sep 17, 2026 · 08:02 UTC · NiceHash EasyMining
3.1401 BTC ≈ $270,560
⏱ 0 days since previous find
Sep 17, 2026 · 17:51 UTC · NiceHash EasyMining
3.1324 BTC ≈ $269,895
⏱ 0 days since previous find
Sep 17, 2026 · 22:22 UTC · NiceHash EasyMining
3.1564 BTC ≈ $271,966
⏱ 0 days since previous find
Sep 17, 2026 · 23:25 UTC · NiceHash EasyMining
3.1322 BTC ≈ $269,883
⏱ 0 days since previous find
Sep 18, 2026 · 06:24 UTC · NiceHash EasyMining
3.1378 BTC ≈ $270,364
⏱ 0 days since previous find
Sep 18, 2026 · 14:14 UTC · NiceHash EasyMining
3.1513 BTC ≈ $271,527
⏱ 0 days since previous find
Sep 19, 2026 · 00:48 UTC · NiceHash EasyMining
3.1469 BTC ≈ $271,146
⏱ 0 days since previous find
Sep 19, 2026 · 20:02 UTC · NiceHash EasyMining
3.1656 BTC ≈ $272,753
⏱ 1 days since previous find
Sep 20, 2026 · 01:15 UTC · NiceHash EasyMining
3.1283 BTC ≈ $269,540
⏱ 0 days since previous find
Sep 20, 2026 · 12:19 UTC · NiceHash EasyMining
3.1363 BTC ≈ $270,235
⏱ 0 days since previous find
Sep 20, 2026 · 15:20 UTC · NiceHash EasyMining
3.1330 BTC ≈ $269,950
⏱ 0 days since previous find
Sep 21, 2026 · 03:25 UTC · NiceHash EasyMining
3.1410 BTC ≈ $270,636
⏱ 1 days since previous find
Sep 21, 2026 · 03:34 UTC · NiceHash EasyMining
3.1380 BTC ≈ $270,380
⏱ 0 days since previous find
Sep 21, 2026 · 18:26 UTC · NiceHash EasyMining
3.1856 BTC ≈ $274,478
⏱ 1 days since previous find
Sep 21, 2026 · 19:49 UTC · NiceHash EasyMining
3.1569 BTC ≈ $272,009
⏱ 0 days since previous find
Sep 22, 2026 · 21:07 UTC · NiceHash EasyMining
3.1544 BTC ≈ $271,794
⏱ 1 days since previous find
Sep 23, 2026 · 04:48 UTC · NiceHash EasyMining
3.1491 BTC ≈ $271,332
⏱ 0 days since previous find
📊 At 4.03 EH/s hashrate, statistically expected to find a block every 2 days. Actual average: 2 days. 😤 Unlucky so far.