🎓 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 Feb 4, 2026, against enormous odds, they hit the jackpot — block #934,911 worth $240,427. The cost of renting that hashrate? A fraction of the reward.
🎲 The Odds — Show Your Work
Miner's share of total Bitcoin hashrate
0.452532%
Miner: 4.4 EH/s vs Network: 972.38 EH/s
Miner hashrate (Estimated from block frequency (59 blocks found))
4.4 EH/s
Bitcoin network hashrate
972.38 EH/s
Chance of winning each block
1 in 221
Expected wait time at this hashrate
2 days
Expected blocks to find 1 solo block
221 blocks
Probability per block = miner_hashrate / network_hashrate
= 4.4 EH/s / 972.38 EH/s
= 1 in 221
Expected wait = blocks_to_win × 10 minutes
= 221 × 10 min = 2 days
⛏️ Miner Profile
Hashrate (24h)
4.4 EH/s (est. from 59 blocks)
Estimated from block frequency (59 blocks found)
Solo blocks found (tracked)
59 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 1,527,663,310 was the winner.
01,527,663,310 ← winner4,294,967,295
1,527,663,310
Winning Nonce
2,767,303,985
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 (98.3%)
Fixed reward, halves every 4 years
Fees — 0.054116 BTC (1.7%)
From 3,523 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 — 59 Blocks Found
185.6135
Total BTC earned
$14,037,392
Total USD value
Feb 8, 2026 · 12:53 UTC · NiceHash EasyMining
3.1545 BTC ≈ $238,567
⏱ 1 days since previous find
Feb 8, 2026 · 17:17 UTC · NiceHash EasyMining
3.1265 BTC ≈ $236,450
⏱ 0 days since previous find
Feb 8, 2026 · 18:46 UTC · NiceHash EasyMining
3.1537 BTC ≈ $238,503
⏱ 0 days since previous find
Feb 9, 2026 · 01:05 UTC · NiceHash EasyMining
3.1360 BTC ≈ $237,165
⏱ 0 days since previous find
Feb 11, 2026 · 04:19 UTC · NiceHash EasyMining
3.1293 BTC ≈ $236,663
⏱ 2 days since previous find
Feb 11, 2026 · 06:16 UTC · NiceHash EasyMining
3.1343 BTC ≈ $237,041
⏱ 0 days since previous find
Feb 13, 2026 · 00:24 UTC · NiceHash EasyMining
3.1365 BTC ≈ $237,204
⏱ 2 days since previous find
Feb 15, 2026 · 11:20 UTC · NiceHash EasyMining
3.1470 BTC ≈ $237,997
⏱ 2 days since previous find
Feb 16, 2026 · 22:23 UTC · NiceHash EasyMining
3.1295 BTC ≈ $236,672
⏱ 1 days since previous find
Feb 16, 2026 · 23:05 UTC · NiceHash EasyMining
3.1430 BTC ≈ $237,695
⏱ 0 days since previous find
Feb 17, 2026 · 07:12 UTC · NiceHash EasyMining
3.1300 BTC ≈ $236,709
⏱ 0 days since previous find
Feb 19, 2026 · 00:12 UTC · NiceHash EasyMining
3.1276 BTC ≈ $236,530
⏱ 2 days since previous find
Feb 21, 2026 · 13:41 UTC · NiceHash EasyMining
3.1422 BTC ≈ $237,636
⏱ 3 days since previous find
Feb 26, 2026 · 02:31 UTC · NiceHash EasyMining
3.1345 BTC ≈ $237,054
⏱ 5 days since previous find
Feb 27, 2026 · 08:37 UTC · NiceHash EasyMining
3.1552 BTC ≈ $238,617
⏱ 1 days since previous find
Apr 1, 2026 · 09:25 UTC · NiceHash EasyMining
3.1499 BTC ≈ $238,217
⏱ 33 days since previous find
Apr 8, 2026 · 13:08 UTC · NiceHash EasyMining
3.1382 BTC ≈ $237,336
⏱ 7 days since previous find
Apr 13, 2026 · 00:06 UTC · NiceHash EasyMining
3.1311 BTC ≈ $236,795
⏱ 4 days since previous find
Apr 16, 2026 · 00:00 UTC · NiceHash EasyMining
3.1681 BTC ≈ $239,595
⏱ 3 days since previous find
Apr 16, 2026 · 06:46 UTC · NiceHash EasyMining
3.1283 BTC ≈ $236,585
⏱ 0 days since previous find
📊 At 4.4 EH/s hashrate, statistically expected to find a block every 2 days. Actual average: 2 days. 😤 Unlucky so far.