🎓 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 10, 2026, against enormous odds, they hit the jackpot — block #961,869 worth $267,709. The cost of renting that hashrate? A fraction of the reward.
🎲 The Odds — Show Your Work
Miner's share of total Bitcoin hashrate
0.282497%
Miner: 2.53 EH/s vs Network: 896.43 EH/s
Miner hashrate (Estimated from block frequency (80 blocks found))
2.53 EH/s
Bitcoin network hashrate
896.43 EH/s
Chance of winning each block
1 in 354
Expected wait time at this hashrate
2 days
Expected blocks to find 1 solo block
354 blocks
Probability per block = miner_hashrate / network_hashrate
= 2.53 EH/s / 896.43 EH/s
= 1 in 354
Expected wait = blocks_to_win × 10 minutes
= 354 × 10 min = 2 days
⛏️ Miner Profile
Hashrate (24h)
2.53 EH/s (est. from 80 blocks)
Estimated from block frequency (80 blocks found)
Solo blocks found (tracked)
80 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 3,140,681,829 was the winner.
03,140,681,829 ← winner4,294,967,295
3,140,681,829
Winning Nonce
1,154,285,466
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 (99.22%)
Fixed reward, halves every 4 years
Fees — 0.024512 BTC (0.78%)
From 4,030 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 — 80 Blocks Found
251.7091
Total BTC earned
$21,395,278
Total USD value
Jun 23, 2026 · 12:45 UTC · NiceHash EasyMining
3.1721 BTC ≈ $269,630
⏱ 50 days since previous find
Jun 28, 2026 · 07:04 UTC · NiceHash EasyMining
3.1361 BTC ≈ $266,565
⏱ 5 days since previous find
Jun 29, 2026 · 20:11 UTC · NiceHash EasyMining
3.1770 BTC ≈ $270,044
⏱ 2 days since previous find
Jul 11, 2026 · 21:07 UTC · NiceHash EasyMining
3.1385 BTC ≈ $266,768
⏱ 12 days since previous find
Jul 27, 2026 · 19:13 UTC · NiceHash EasyMining
3.1690 BTC ≈ $269,366
⏱ 16 days since previous find
Jul 29, 2026 · 03:39 UTC · NiceHash EasyMining
3.1318 BTC ≈ $266,202
⏱ 1 days since previous find
Jul 29, 2026 · 22:12 UTC · NiceHash EasyMining
3.1358 BTC ≈ $266,542
⏱ 1 days since previous find
Aug 3, 2026 · 13:19 UTC · NiceHash EasyMining
3.1532 BTC ≈ $268,024
⏱ 5 days since previous find
Aug 4, 2026 · 04:37 UTC · NiceHash EasyMining
3.1492 BTC ≈ $267,680
⏱ 1 days since previous find
Aug 6, 2026 · 01:13 UTC · NiceHash EasyMining
3.1519 BTC ≈ $267,910
⏱ 2 days since previous find
Aug 9, 2026 · 14:37 UTC · NiceHash EasyMining
3.1481 BTC ≈ $267,589
⏱ 4 days since previous find
Aug 10, 2026 · 02:41 UTC · NiceHash EasyMining
3.1425 BTC ≈ $267,109
⏱ 1 days since previous find
Aug 10, 2026 · 03:30 UTC · NiceHash EasyMining
3.1322 BTC ≈ $266,237
⏱ 0 days since previous find
#961,869THIS BLOCK
Aug 10, 2026 · 11:19 UTC · NiceHash EasyMining
3.1495 BTC ≈ $267,709
⏱ 0 days since previous find
Aug 10, 2026 · 15:17 UTC · NiceHash EasyMining
3.1477 BTC ≈ $267,554
⏱ 0 days since previous find
Aug 13, 2026 · 07:24 UTC · NiceHash EasyMining
3.1365 BTC ≈ $266,599
⏱ 3 days since previous find
Aug 14, 2026 · 14:14 UTC · NiceHash EasyMining
3.1347 BTC ≈ $266,454
⏱ 1 days since previous find
Aug 14, 2026 · 21:41 UTC · NiceHash EasyMining
3.1487 BTC ≈ $267,640
⏱ 0 days since previous find
Aug 14, 2026 · 23:43 UTC · NiceHash EasyMining
3.1401 BTC ≈ $266,904
⏱ 0 days since previous find
Aug 15, 2026 · 07:07 UTC · NiceHash EasyMining
3.1532 BTC ≈ $268,025
⏱ 0 days since previous find
📊 At 2.53 EH/s hashrate, statistically expected to find a block every 2 days. Actual average: 3 days. 😤 Unlucky so far.