🎓 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 16, 2026, against enormous odds, they hit the jackpot — block #936,985 worth $270,420. The cost of renting that hashrate? A fraction of the reward.
🎲 The Odds — Show Your Work
Miner's share of total Bitcoin hashrate
0.425049%
Miner: 4 EH/s vs Network: 939.91 EH/s
Miner hashrate (Estimated from block frequency (153 blocks found))
4 EH/s
Bitcoin network hashrate
939.91 EH/s
Chance of winning each block
1 in 235
Expected wait time at this hashrate
2 days
Expected blocks to find 1 solo block
235 blocks
Probability per block = miner_hashrate / network_hashrate
= 4 EH/s / 939.91 EH/s
= 1 in 235
Expected wait = blocks_to_win × 10 minutes
= 235 × 10 min = 2 days
⛏️ Miner Profile
Hashrate (24h)
4 EH/s (est. from 153 blocks)
Estimated from block frequency (153 blocks found)
Solo blocks found (tracked)
153 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 3,604,268,263 was the winner.
03,604,268,263 ← winner4,294,967,295
3,604,268,263
Winning Nonce
690,699,032
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 (99.43%)
Fixed reward, halves every 4 years
Fees — 0.017989 BTC (0.57%)
From 2,927 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 — 153 Blocks Found
481.3479
Total BTC earned
$41,414,691
Total USD value
Sep 15, 2026 · 01:02 UTC · NiceHash EasyMining
3.1284 BTC ≈ $269,164
⏱ 1 days since previous find
Sep 15, 2026 · 04:32 UTC · NiceHash EasyMining
3.1287 BTC ≈ $269,188
⏱ 0 days since previous find
Sep 15, 2026 · 15:35 UTC · NiceHash EasyMining
3.1323 BTC ≈ $269,499
⏱ 0 days since previous find
Sep 16, 2026 · 10:18 UTC · NiceHash EasyMining
3.1313 BTC ≈ $269,412
⏱ 1 days since previous find
Sep 17, 2026 · 07:07 UTC · NiceHash EasyMining
3.1645 BTC ≈ $272,269
⏱ 1 days since previous find
Sep 17, 2026 · 08:02 UTC · NiceHash EasyMining
3.1401 BTC ≈ $270,171
⏱ 0 days since previous find
Sep 17, 2026 · 17:51 UTC · NiceHash EasyMining
3.1324 BTC ≈ $269,506
⏱ 0 days since previous find
Sep 17, 2026 · 22:22 UTC · NiceHash EasyMining
3.1564 BTC ≈ $271,575
⏱ 0 days since previous find
Sep 17, 2026 · 23:25 UTC · NiceHash EasyMining
3.1322 BTC ≈ $269,495
⏱ 0 days since previous find
Sep 18, 2026 · 06:24 UTC · NiceHash EasyMining
3.1378 BTC ≈ $269,975
⏱ 0 days since previous find
Sep 18, 2026 · 14:14 UTC · NiceHash EasyMining
3.1513 BTC ≈ $271,136
⏱ 0 days since previous find
Sep 19, 2026 · 00:48 UTC · NiceHash EasyMining
3.1469 BTC ≈ $270,756
⏱ 0 days since previous find
Sep 19, 2026 · 20:02 UTC · NiceHash EasyMining
3.1656 BTC ≈ $272,361
⏱ 1 days since previous find
Sep 20, 2026 · 01:15 UTC · NiceHash EasyMining
3.1283 BTC ≈ $269,152
⏱ 0 days since previous find
Sep 20, 2026 · 12:19 UTC · NiceHash EasyMining
3.1363 BTC ≈ $269,846
⏱ 0 days since previous find
Sep 20, 2026 · 15:20 UTC · NiceHash EasyMining
3.1330 BTC ≈ $269,562
⏱ 0 days since previous find
Sep 21, 2026 · 03:25 UTC · NiceHash EasyMining
3.1410 BTC ≈ $270,246
⏱ 1 days since previous find
Sep 21, 2026 · 03:34 UTC · NiceHash EasyMining
3.1380 BTC ≈ $269,991
⏱ 0 days since previous find
Sep 21, 2026 · 18:26 UTC · NiceHash EasyMining
3.1856 BTC ≈ $274,083
⏱ 1 days since previous find
Sep 21, 2026 · 19:49 UTC · NiceHash EasyMining
3.1569 BTC ≈ $271,618
⏱ 0 days since previous find
📊 At 4 EH/s hashrate, statistically expected to find a block every 2 days. Actual average: 2 days. 😤 Unlucky so far.