🎓 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 30, 2026, against enormous odds, they hit the jackpot — block #964,648 worth $243,417. The cost of renting that hashrate? A fraction of the reward.
🎲 The Odds — Show Your Work
Miner's share of total Bitcoin hashrate
0.381012%
Miner: 3.59 EH/s vs Network: 942.83 EH/s
Miner hashrate (Estimated from block frequency (133 blocks found))
3.59 EH/s
Bitcoin network hashrate
942.83 EH/s
Chance of winning each block
1 in 262
Expected wait time at this hashrate
2 days
Expected blocks to find 1 solo block
262 blocks
Probability per block = miner_hashrate / network_hashrate
= 3.59 EH/s / 942.83 EH/s
= 1 in 262
Expected wait = blocks_to_win × 10 minutes
= 262 × 10 min = 2 days
⛏️ Miner Profile
Hashrate (24h)
3.59 EH/s (est. from 133 blocks)
Estimated from block frequency (133 blocks found)
Solo blocks found (tracked)
133 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 3,946,081,386 was the winner.
03,946,081,386 ← winner4,294,967,295
3,946,081,386
Winning Nonce
348,885,909
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 (99.75%)
Fixed reward, halves every 4 years
Fees — 0.007899 BTC (0.25%)
From 6,531 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 — 133 Blocks Found
418.4810
Total BTC earned
$32,514,719
Total USD value
Sep 4, 2026 · 11:33 UTC · NiceHash EasyMining
3.1453 BTC ≈ $244,377
⏱ 1 days since previous find
Sep 4, 2026 · 21:58 UTC · NiceHash EasyMining
3.1558 BTC ≈ $245,197
⏱ 0 days since previous find
Sep 5, 2026 · 01:27 UTC · NiceHash EasyMining
3.1623 BTC ≈ $245,700
⏱ 0 days since previous find
Sep 6, 2026 · 05:05 UTC · NiceHash EasyMining
3.1456 BTC ≈ $244,401
⏱ 1 days since previous find
Sep 6, 2026 · 11:22 UTC · NiceHash EasyMining
3.1346 BTC ≈ $243,553
⏱ 0 days since previous find
Sep 7, 2026 · 05:17 UTC · NiceHash EasyMining
3.1385 BTC ≈ $243,849
⏱ 1 days since previous find
Sep 8, 2026 · 11:03 UTC · NiceHash EasyMining
3.1308 BTC ≈ $243,257
⏱ 1 days since previous find
Sep 8, 2026 · 14:25 UTC · NiceHash EasyMining
3.1409 BTC ≈ $244,035
⏱ 0 days since previous find
Sep 9, 2026 · 00:50 UTC · NiceHash EasyMining
3.1418 BTC ≈ $244,111
⏱ 0 days since previous find
Sep 9, 2026 · 05:02 UTC · NiceHash EasyMining
3.1330 BTC ≈ $243,422
⏱ 0 days since previous find
Sep 9, 2026 · 06:48 UTC · NiceHash EasyMining
3.1444 BTC ≈ $244,309
⏱ 0 days since previous find
Sep 9, 2026 · 08:16 UTC · NiceHash EasyMining
3.1480 BTC ≈ $244,587
⏱ 0 days since previous find
Sep 9, 2026 · 09:40 UTC · NiceHash EasyMining
3.1599 BTC ≈ $245,518
⏱ 0 days since previous find
Sep 9, 2026 · 10:43 UTC · NiceHash EasyMining
3.1525 BTC ≈ $244,936
⏱ 0 days since previous find
Sep 10, 2026 · 21:33 UTC · NiceHash EasyMining
3.1328 BTC ≈ $243,409
⏱ 1 days since previous find
Sep 11, 2026 · 07:18 UTC · NiceHash EasyMining
3.1378 BTC ≈ $243,797
⏱ 0 days since previous find
Sep 11, 2026 · 11:26 UTC · NiceHash EasyMining
3.1719 BTC ≈ $246,449
⏱ 0 days since previous find
Sep 11, 2026 · 20:29 UTC · NiceHash EasyMining
3.1300 BTC ≈ $243,188
⏱ 0 days since previous find
Sep 12, 2026 · 18:20 UTC · NiceHash EasyMining
3.1348 BTC ≈ $243,562
⏱ 1 days since previous find
Sep 14, 2026 · 03:06 UTC · NiceHash EasyMining
3.1461 BTC ≈ $244,445
⏱ 1 days since previous find
📊 At 3.59 EH/s hashrate, statistically expected to find a block every 2 days. Actual average: 2 days. ✅ Right on track.