🎓 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 Aug 3, 2026, against enormous odds, they hit the jackpot — block #960,871 worth $201,302. The cost of renting that hashrate? A fraction of the reward.
🎲 The Odds — Show Your Work
Miner's share of total Bitcoin hashrate
0.250700%
Miner: 2.3 EH/s vs Network: 918.88 EH/s
Miner hashrate (Estimated from block frequency (68 blocks found))
2.3 EH/s
Bitcoin network hashrate
918.88 EH/s
Chance of winning each block
1 in 399
Expected wait time at this hashrate
3 days
Expected blocks to find 1 solo block
399 blocks
Probability per block = miner_hashrate / network_hashrate
= 2.3 EH/s / 918.88 EH/s
= 1 in 399
Expected wait = blocks_to_win × 10 minutes
= 399 × 10 min = 3 days
⛏️ Miner Profile
Hashrate (24h)
2.3 EH/s (est. from 68 blocks)
Estimated from block frequency (68 blocks found)
Solo blocks found (tracked)
68 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 1,675,049,871 was the winner.
01,675,049,871 ← winner4,294,967,295
1,675,049,871
Winning Nonce
2,619,917,424
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 (99.11%)
Fixed reward, halves every 4 years
Fees — 0.028220 BTC (0.89%)
From 4,244 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 — 68 Blocks Found
213.9749
Total BTC earned
$13,660,158
Total USD value
Feb 16, 2026 · 23:05 UTC · NiceHash EasyMining
3.1430 BTC ≈ $200,648
⏱ 0 days since previous find
Feb 17, 2026 · 07:12 UTC · NiceHash EasyMining
3.1300 BTC ≈ $199,817
⏱ 0 days since previous find
Feb 19, 2026 · 00:12 UTC · NiceHash EasyMining
3.1276 BTC ≈ $199,665
⏱ 2 days since previous find
Feb 21, 2026 · 13:41 UTC · NiceHash EasyMining
3.1422 BTC ≈ $200,599
⏱ 3 days since previous find
Feb 26, 2026 · 02:31 UTC · NiceHash EasyMining
3.1345 BTC ≈ $200,108
⏱ 5 days since previous find
Feb 27, 2026 · 08:37 UTC · NiceHash EasyMining
3.1552 BTC ≈ $201,427
⏱ 1 days since previous find
Apr 1, 2026 · 09:25 UTC · NiceHash EasyMining
3.1499 BTC ≈ $201,089
⏱ 33 days since previous find
Apr 8, 2026 · 13:08 UTC · NiceHash EasyMining
3.1382 BTC ≈ $200,346
⏱ 7 days since previous find
Apr 13, 2026 · 00:06 UTC · NiceHash EasyMining
3.1311 BTC ≈ $199,889
⏱ 4 days since previous find
Apr 16, 2026 · 00:00 UTC · NiceHash EasyMining
3.1681 BTC ≈ $202,253
⏱ 3 days since previous find
Apr 16, 2026 · 06:46 UTC · NiceHash EasyMining
3.1283 BTC ≈ $199,711
⏱ 0 days since previous find
May 4, 2026 · 19:35 UTC · NiceHash EasyMining
3.1480 BTC ≈ $200,968
⏱ 19 days since previous find
Jun 23, 2026 · 12:45 UTC · NiceHash EasyMining
3.1721 BTC ≈ $202,508
⏱ 50 days since previous find
Jun 28, 2026 · 07:04 UTC · NiceHash EasyMining
3.1361 BTC ≈ $200,206
⏱ 5 days since previous find
Jun 29, 2026 · 20:11 UTC · NiceHash EasyMining
3.1770 BTC ≈ $202,819
⏱ 2 days since previous find
Jul 11, 2026 · 21:07 UTC · NiceHash EasyMining
3.1385 BTC ≈ $200,359
⏱ 12 days since previous find
Jul 27, 2026 · 19:13 UTC · NiceHash EasyMining
3.1690 BTC ≈ $202,310
⏱ 16 days since previous find
Jul 29, 2026 · 03:39 UTC · NiceHash EasyMining
3.1318 BTC ≈ $199,933
⏱ 1 days since previous find
Jul 29, 2026 · 22:12 UTC · NiceHash EasyMining
3.1358 BTC ≈ $200,189
⏱ 1 days since previous find
#960,871THIS BLOCK
Aug 3, 2026 · 13:19 UTC · NiceHash EasyMining
3.1532 BTC ≈ $201,302
⏱ 5 days since previous find
📊 At 2.3 EH/s hashrate, statistically expected to find a block every 3 days. Actual average: 3 days. ✅ Right on track.