🎓 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 24, 2026, against enormous odds, they hit the jackpot — block #963,857 worth $249,188. The cost of renting that hashrate? A fraction of the reward.
🎲 The Odds — Show Your Work
Miner's share of total Bitcoin hashrate
0.319897%
Miner: 2.79 EH/s vs Network: 870.88 EH/s
Miner hashrate (Estimated from block frequency (93 blocks found))
2.79 EH/s
Bitcoin network hashrate
870.88 EH/s
Chance of winning each block
1 in 313
Expected wait time at this hashrate
2 days
Expected blocks to find 1 solo block
313 blocks
Probability per block = miner_hashrate / network_hashrate
= 2.79 EH/s / 870.88 EH/s
= 1 in 313
Expected wait = blocks_to_win × 10 minutes
= 313 × 10 min = 2 days
⛏️ Miner Profile
Hashrate (24h)
2.79 EH/s (est. from 93 blocks)
Estimated from block frequency (93 blocks found)
Solo blocks found (tracked)
93 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 3,726,622,515 was the winner.
03,726,622,515 ← winner4,294,967,295
3,726,622,515
Winning Nonce
568,344,780
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 (99.18%)
Fixed reward, halves every 4 years
Fees — 0.025849 BTC (0.82%)
From 4,049 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 — 93 Blocks Found
292.5809
Total BTC earned
$23,139,051
Total USD value
Aug 10, 2026 · 11:19 UTC · NiceHash EasyMining
3.1495 BTC ≈ $249,082
⏱ 0 days since previous find
Aug 10, 2026 · 15:17 UTC · NiceHash EasyMining
3.1477 BTC ≈ $248,938
⏱ 0 days since previous find
Aug 13, 2026 · 07:24 UTC · NiceHash EasyMining
3.1365 BTC ≈ $248,050
⏱ 3 days since previous find
Aug 14, 2026 · 14:14 UTC · NiceHash EasyMining
3.1347 BTC ≈ $247,915
⏱ 1 days since previous find
Aug 14, 2026 · 21:41 UTC · NiceHash EasyMining
3.1487 BTC ≈ $249,019
⏱ 0 days since previous find
Aug 14, 2026 · 23:43 UTC · NiceHash EasyMining
3.1401 BTC ≈ $248,334
⏱ 0 days since previous find
Aug 15, 2026 · 07:07 UTC · NiceHash EasyMining
3.1532 BTC ≈ $249,377
⏱ 0 days since previous find
Aug 15, 2026 · 19:27 UTC · NiceHash EasyMining
3.1432 BTC ≈ $248,582
⏱ 1 days since previous find
Aug 17, 2026 · 19:05 UTC · NiceHash EasyMining
3.1305 BTC ≈ $247,580
⏱ 2 days since previous find
Aug 18, 2026 · 10:36 UTC · NiceHash EasyMining
3.1329 BTC ≈ $247,765
⏱ 1 days since previous find
Aug 18, 2026 · 11:41 UTC · NiceHash EasyMining
3.1308 BTC ≈ $247,599
⏱ 0 days since previous find
Aug 18, 2026 · 15:41 UTC · NiceHash EasyMining
3.1512 BTC ≈ $249,218
⏱ 0 days since previous find
Aug 21, 2026 · 03:35 UTC · NiceHash EasyMining
3.1314 BTC ≈ $247,649
⏱ 2 days since previous find
Aug 22, 2026 · 00:39 UTC · NiceHash EasyMining
3.1390 BTC ≈ $248,250
⏱ 1 days since previous find
Aug 22, 2026 · 10:25 UTC · NiceHash EasyMining
3.1805 BTC ≈ $251,530
⏱ 0 days since previous find
Aug 22, 2026 · 17:39 UTC · NiceHash EasyMining
3.1373 BTC ≈ $248,116
⏱ 0 days since previous find
#963,857THIS BLOCK
Aug 24, 2026 · 12:33 UTC · NiceHash EasyMining
3.1508 BTC ≈ $249,188
⏱ 2 days since previous find
Aug 24, 2026 · 20:33 UTC · NiceHash EasyMining
3.1668 BTC ≈ $250,453
⏱ 0 days since previous find
Aug 24, 2026 · 20:47 UTC · NiceHash EasyMining
3.1385 BTC ≈ $248,215
⏱ 0 days since previous find
Aug 25, 2026 · 07:21 UTC · NiceHash EasyMining
3.1388 BTC ≈ $248,237
⏱ 0 days since previous find
📊 At 2.79 EH/s hashrate, statistically expected to find a block every 2 days. Actual average: 2 days. ✅ Right on track.