🎓 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 #963,903 worth $247,435. The cost of renting that hashrate? A fraction of the reward.
🎲 The Odds — Show Your Work
Miner's share of total Bitcoin hashrate
0.325462%
Miner: 2.85 EH/s vs Network: 876.66 EH/s
Miner hashrate (Estimated from block frequency (96 blocks found))
2.85 EH/s
Bitcoin network hashrate
876.66 EH/s
Chance of winning each block
1 in 307
Expected wait time at this hashrate
2 days
Expected blocks to find 1 solo block
307 blocks
Probability per block = miner_hashrate / network_hashrate
= 2.85 EH/s / 876.66 EH/s
= 1 in 307
Expected wait = blocks_to_win × 10 minutes
= 307 × 10 min = 2 days
⛏️ Miner Profile
Hashrate (24h)
2.85 EH/s (est. from 96 blocks)
Estimated from block frequency (96 blocks found)
Solo blocks found (tracked)
96 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 1,078,743,407 was the winner.
01,078,743,407 ← winner4,294,967,295
1,078,743,407
Winning Nonce
3,216,223,888
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 (98.68%)
Fixed reward, halves every 4 years
Fees — 0.041839 BTC (1.32%)
From 4,440 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 — 96 Blocks Found
302.0231
Total BTC earned
$23,597,971
Total USD value
Aug 14, 2026 · 14:14 UTC · NiceHash EasyMining
3.1347 BTC ≈ $244,927
⏱ 1 days since previous find
Aug 14, 2026 · 21:41 UTC · NiceHash EasyMining
3.1487 BTC ≈ $246,018
⏱ 0 days since previous find
Aug 14, 2026 · 23:43 UTC · NiceHash EasyMining
3.1401 BTC ≈ $245,342
⏱ 0 days since previous find
Aug 15, 2026 · 07:07 UTC · NiceHash EasyMining
3.1532 BTC ≈ $246,372
⏱ 0 days since previous find
Aug 15, 2026 · 19:27 UTC · NiceHash EasyMining
3.1432 BTC ≈ $245,587
⏱ 1 days since previous find
Aug 17, 2026 · 19:05 UTC · NiceHash EasyMining
3.1305 BTC ≈ $244,597
⏱ 2 days since previous find
Aug 18, 2026 · 10:36 UTC · NiceHash EasyMining
3.1329 BTC ≈ $244,779
⏱ 1 days since previous find
Aug 18, 2026 · 11:41 UTC · NiceHash EasyMining
3.1308 BTC ≈ $244,615
⏱ 0 days since previous find
Aug 18, 2026 · 15:41 UTC · NiceHash EasyMining
3.1512 BTC ≈ $246,215
⏱ 0 days since previous find
Aug 21, 2026 · 03:35 UTC · NiceHash EasyMining
3.1314 BTC ≈ $244,665
⏱ 2 days since previous find
Aug 22, 2026 · 00:39 UTC · NiceHash EasyMining
3.1390 BTC ≈ $245,259
⏱ 1 days since previous find
Aug 22, 2026 · 10:25 UTC · NiceHash EasyMining
3.1805 BTC ≈ $248,499
⏱ 0 days since previous find
Aug 22, 2026 · 17:39 UTC · NiceHash EasyMining
3.1373 BTC ≈ $245,126
⏱ 0 days since previous find
Aug 24, 2026 · 12:33 UTC · NiceHash EasyMining
3.1508 BTC ≈ $246,185
⏱ 2 days since previous find
#963,903THIS BLOCK
Aug 24, 2026 · 20:33 UTC · NiceHash EasyMining
3.1668 BTC ≈ $247,435
⏱ 0 days since previous find
Aug 24, 2026 · 20:47 UTC · NiceHash EasyMining
3.1385 BTC ≈ $245,224
⏱ 0 days since previous find
Aug 25, 2026 · 07:21 UTC · NiceHash EasyMining
3.1388 BTC ≈ $245,246
⏱ 0 days since previous find
Aug 25, 2026 · 23:13 UTC · NiceHash EasyMining
3.1635 BTC ≈ $247,174
⏱ 1 days since previous find
Aug 26, 2026 · 11:00 UTC · NiceHash EasyMining
3.1376 BTC ≈ $245,153
⏱ 0 days since previous find
Aug 26, 2026 · 14:35 UTC · NiceHash EasyMining
3.1411 BTC ≈ $245,423
⏱ 0 days since previous find
📊 At 2.85 EH/s hashrate, statistically expected to find a block every 2 days. Actual average: 2 days. ✅ Right on track.