🎓 Explain Like I'm 10
Bitcoin mining is a giant lottery. Every ~10 minutes, one miner wins 3.1498 Bitcoin — worth $198,548 today.
On Jun 22, 2026, this miner using a Large mining farm found block #954,873. They were mining alone — no big pool, just their own machines competing directly against the entire Bitcoin network (896.55 EH/s total).
Winning solo means keeping 100% of the reward — no pool fees, no sharing. High risk, high reward.
🎲 The Odds — Show Your Work
Miner's share of total Bitcoin hashrate
0.060228%
Miner: 540 PH/s vs Network: 896.55 EH/s
Miner hashrate (Estimated from block frequency (2 blocks found))
540 PH/s
Bitcoin network hashrate
896.55 EH/s
Chance of winning each block
1 in 1,660
Expected wait time at this hashrate
12 days
Expected blocks to find 1 solo block
1,660 blocks
Probability per block = miner_hashrate / network_hashrate
= 540 PH/s / 896.55 EH/s
= 1 in 1,660
Expected wait = blocks_to_win × 10 minutes
= 1,660 × 10 min = 12 days
⛏️ Miner Profile
Hashrate (24h)
540 PH/s (est. from 2 blocks)
Estimated from block frequency (2 blocks found)
Solo blocks found (tracked)
2 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 2,029,848,645 was the winner.
02,029,848,645 ← winner4,294,967,295
2,029,848,645
Winning Nonce
2,265,118,650
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 (99.21%)
Fixed reward, halves every 4 years
Fees — 0.024754 BTC (0.79%)
From 4,593 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 — 2 Blocks Found
23 days
Avg between finds
#954,873THIS BLOCK
Jun 22, 2026 · 18:25 UTC · Parasite Pool
3.1498 BTC ≈ $198,548
Jul 15, 2026 · 23:25 UTC · Parasite Pool
3.1353 BTC ≈ $197,635
⏱ 23 days since previous find
📊 At 540 PH/s hashrate, statistically expected to find a block every 12 days. Actual average: 23 days. 😤 Unlucky so far.