🎓 Explain Like I'm 10
Bitcoin mining is a giant lottery. Every ~10 minutes, one miner wins 3.1379 Bitcoin — worth $205,598 today.
On May 3, 2026, this miner using a Large mining farm found block #947,745. They were mining alone — no big pool, just their own machines competing directly against the entire Bitcoin network (897.25 EH/s total).
Winning solo means keeping 100% of the reward — no pool fees, no sharing. High risk, high reward.
⚠️ Miner Identity Assessment
🏭
🏭 Large Unknown Pool
Based on 40 blocks found from this address
1.08 EH/s
Implied Hashrate
How we estimate: Each Bitcoin block found requires approximately difficulty × 2³² hashes.
With 40 blocks over 273 days,
the implied sustained hashrate is 1.08 EH/s.
⚠️ Not a solo miner. At 1.08 EH/s this is a large mining operation — likely an unregistered pool or industrial farm that mempool.space doesn't yet have a signature for. We display the block for completeness but mark it accordingly.
🎲 The Odds — Show Your Work
Miner's share of total Bitcoin hashrate
0.026750%
Miner: 240 PH/s vs Network: 897.25 EH/s
Miner hashrate (Estimated from block frequency (40 blocks found))
240 PH/s
Bitcoin network hashrate
897.25 EH/s
Chance of winning each block
1 in 3,738
Expected wait time at this hashrate
26 days
Expected blocks to find 1 solo block
3,738 blocks
Probability per block = miner_hashrate / network_hashrate
= 240 PH/s / 897.25 EH/s
= 1 in 3,738
Expected wait = blocks_to_win × 10 minutes
= 3,738 × 10 min = 26 days
⛏️ Miner Profile
Hashrate (24h)
240 PH/s (est. from 40 blocks)
Estimated from block frequency (40 blocks found)
Solo blocks found (tracked)
40 blocks
🏗️
Large mining farm
Thousands of ASICs, industrial power
🎯 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 3,177,193,065 was the winner.
03,177,193,065 ← winner4,294,967,295
3,177,193,065
Winning Nonce
1,117,774,230
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 (99.59%)
Fixed reward, halves every 4 years
Fees — 0.012895 BTC (0.41%)
From 4,560 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 — 40 Blocks Found
125.8531
Total BTC earned
$8,246,022
Total USD value
Mar 17, 2026 · 19:48 UTC · Self-Hosted Solo
3.1487 BTC ≈ $206,303
⏱ 8 days since previous find
Mar 27, 2026 · 00:06 UTC · Self-Hosted Solo
3.1388 BTC ≈ $205,659
⏱ 9 days since previous find
Mar 31, 2026 · 15:39 UTC · Self-Hosted Solo
3.1410 BTC ≈ $205,802
⏱ 5 days since previous find
Apr 2, 2026 · 14:02 UTC · Self-Hosted Solo
3.1353 BTC ≈ $205,428
⏱ 2 days since previous find
Apr 6, 2026 · 17:25 UTC · Self-Hosted Solo
3.1827 BTC ≈ $208,534
⏱ 4 days since previous find
Apr 8, 2026 · 16:59 UTC · Self-Hosted Solo
3.1347 BTC ≈ $205,391
⏱ 2 days since previous find
Apr 8, 2026 · 23:12 UTC · Self-Hosted Solo
3.1270 BTC ≈ $204,884
⏱ 0 days since previous find
Apr 11, 2026 · 23:29 UTC · Self-Hosted Solo
3.1413 BTC ≈ $205,824
⏱ 3 days since previous find
Apr 23, 2026 · 19:57 UTC · Self-Hosted Solo
3.1416 BTC ≈ $205,841
⏱ 12 days since previous find
Apr 26, 2026 · 01:24 UTC · Self-Hosted Solo
3.1396 BTC ≈ $205,711
⏱ 2 days since previous find
#947,745THIS BLOCK
May 3, 2026 · 16:19 UTC · Self-Hosted Solo
3.1379 BTC ≈ $205,598
⏱ 8 days since previous find
May 4, 2026 · 09:12 UTC · Self-Hosted Solo
3.1517 BTC ≈ $206,502
⏱ 1 days since previous find
May 8, 2026 · 09:22 UTC · Self-Hosted Solo
3.1384 BTC ≈ $205,631
⏱ 4 days since previous find
May 9, 2026 · 19:24 UTC · Self-Hosted Solo
3.1908 BTC ≈ $209,065
⏱ 1 days since previous find
May 10, 2026 · 14:35 UTC · Self-Hosted Solo
3.1301 BTC ≈ $205,085
⏱ 1 days since previous find
May 14, 2026 · 03:10 UTC · Self-Hosted Solo
3.1347 BTC ≈ $205,389
⏱ 4 days since previous find
May 15, 2026 · 16:01 UTC · Self-Hosted Solo
3.1576 BTC ≈ $206,886
⏱ 2 days since previous find
May 22, 2026 · 14:07 UTC · Self-Hosted Solo
3.1421 BTC ≈ $205,875
⏱ 7 days since previous find
Jun 8, 2026 · 22:48 UTC · Self-Hosted Solo
3.1459 BTC ≈ $206,124
⏱ 17 days since previous find
Jun 9, 2026 · 00:11 UTC · Self-Hosted Solo
3.1733 BTC ≈ $207,917
⏱ 0 days since previous find
📊 At 240 PH/s hashrate, statistically expected to find a block every 26 days. Actual average: 7 days. 🍀 Running hot!