🎓 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 May 4, 2026, against enormous odds, they hit the jackpot — block #947,911 worth $196,863. The cost of renting that hashrate? A fraction of the reward.
🎲 The Odds — Show Your Work
Miner's share of total Bitcoin hashrate
0.274770%
Miner: 2.61 EH/s vs Network: 950.98 EH/s
Miner hashrate (Estimated from block frequency (61 blocks found))
2.61 EH/s
Bitcoin network hashrate
950.98 EH/s
Chance of winning each block
1 in 364
Expected wait time at this hashrate
3 days
Expected blocks to find 1 solo block
364 blocks
Probability per block = miner_hashrate / network_hashrate
= 2.61 EH/s / 950.98 EH/s
= 1 in 364
Expected wait = blocks_to_win × 10 minutes
= 364 × 10 min = 3 days
⛏️ Miner Profile
Hashrate (24h)
2.61 EH/s (est. from 61 blocks)
Estimated from block frequency (61 blocks found)
Solo blocks found (tracked)
61 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 4,166,432,890 was the winner.
04,166,432,890 ← winner4,294,967,295
4,166,432,890
Winning Nonce
128,534,405
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 (99.27%)
Fixed reward, halves every 4 years
Fees — 0.022989 BTC (0.73%)
From 1,999 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 — 61 Blocks Found
191.9336
Total BTC earned
$12,002,760
Total USD value
Feb 8, 2026 · 18:46 UTC · NiceHash EasyMining
3.1537 BTC ≈ $197,218
⏱ 0 days since previous find
Feb 9, 2026 · 01:05 UTC · NiceHash EasyMining
3.1360 BTC ≈ $196,112
⏱ 0 days since previous find
Feb 11, 2026 · 04:19 UTC · NiceHash EasyMining
3.1293 BTC ≈ $195,697
⏱ 2 days since previous find
Feb 11, 2026 · 06:16 UTC · NiceHash EasyMining
3.1343 BTC ≈ $196,009
⏱ 0 days since previous find
Feb 13, 2026 · 00:24 UTC · NiceHash EasyMining
3.1365 BTC ≈ $196,144
⏱ 2 days since previous find
Feb 15, 2026 · 11:20 UTC · NiceHash EasyMining
3.1470 BTC ≈ $196,800
⏱ 2 days since previous find
Feb 16, 2026 · 22:23 UTC · NiceHash EasyMining
3.1295 BTC ≈ $195,704
⏱ 1 days since previous find
Feb 16, 2026 · 23:05 UTC · NiceHash EasyMining
3.1430 BTC ≈ $196,550
⏱ 0 days since previous find
Feb 17, 2026 · 07:12 UTC · NiceHash EasyMining
3.1300 BTC ≈ $195,735
⏱ 0 days since previous find
Feb 19, 2026 · 00:12 UTC · NiceHash EasyMining
3.1276 BTC ≈ $195,587
⏱ 2 days since previous find
Feb 21, 2026 · 13:41 UTC · NiceHash EasyMining
3.1422 BTC ≈ $196,502
⏱ 3 days since previous find
Feb 26, 2026 · 02:31 UTC · NiceHash EasyMining
3.1345 BTC ≈ $196,020
⏱ 5 days since previous find
Feb 27, 2026 · 08:37 UTC · NiceHash EasyMining
3.1552 BTC ≈ $197,312
⏱ 1 days since previous find
Apr 1, 2026 · 09:25 UTC · NiceHash EasyMining
3.1499 BTC ≈ $196,982
⏱ 33 days since previous find
Apr 8, 2026 · 13:08 UTC · NiceHash EasyMining
3.1382 BTC ≈ $196,254
⏱ 7 days since previous find
Apr 13, 2026 · 00:06 UTC · NiceHash EasyMining
3.1311 BTC ≈ $195,806
⏱ 4 days since previous find
Apr 16, 2026 · 00:00 UTC · NiceHash EasyMining
3.1681 BTC ≈ $198,121
⏱ 3 days since previous find
Apr 16, 2026 · 06:46 UTC · NiceHash EasyMining
3.1283 BTC ≈ $195,632
⏱ 0 days since previous find
#947,911THIS BLOCK
May 4, 2026 · 19:35 UTC · NiceHash EasyMining
3.1480 BTC ≈ $196,863
⏱ 19 days since previous find
Jun 23, 2026 · 12:45 UTC · NiceHash EasyMining
3.1721 BTC ≈ $198,372
⏱ 50 days since previous find
📊 At 2.61 EH/s hashrate, statistically expected to find a block every 3 days. Actual average: 3 days. 😤 Unlucky so far.