🎓 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 Sep 5, 2026, against enormous odds, they hit the jackpot — block #965,545 worth $255,110. The cost of renting that hashrate? A fraction of the reward.
🎲 The Odds — Show Your Work
Miner's share of total Bitcoin hashrate
0.420715%
Miner: 3.88 EH/s vs Network: 923.19 EH/s
Miner hashrate (Estimated from block frequency (148 blocks found))
3.88 EH/s
Bitcoin network hashrate
923.19 EH/s
Chance of winning each block
1 in 238
Expected wait time at this hashrate
2 days
Expected blocks to find 1 solo block
238 blocks
Probability per block = miner_hashrate / network_hashrate
= 3.88 EH/s / 923.19 EH/s
= 1 in 238
Expected wait = blocks_to_win × 10 minutes
= 238 × 10 min = 2 days
⛏️ Miner Profile
Hashrate (24h)
3.88 EH/s (est. from 148 blocks)
Estimated from block frequency (148 blocks found)
Solo blocks found (tracked)
148 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 2,581,332,102 was the winner.
02,581,332,102 ← winner4,294,967,295
2,581,332,102
Winning Nonce
1,713,635,193
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 (98.82%)
Fixed reward, halves every 4 years
Fees — 0.037278 BTC (1.18%)
From 4,012 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 — 148 Blocks Found
465.5934
Total BTC earned
$37,560,818
Total USD value
Sep 11, 2026 · 07:18 UTC · NiceHash EasyMining
3.1378 BTC ≈ $253,135
⏱ 0 days since previous find
Sep 11, 2026 · 11:26 UTC · NiceHash EasyMining
3.1719 BTC ≈ $255,889
⏱ 0 days since previous find
Sep 11, 2026 · 20:29 UTC · NiceHash EasyMining
3.1300 BTC ≈ $252,503
⏱ 0 days since previous find
Sep 12, 2026 · 18:20 UTC · NiceHash EasyMining
3.1348 BTC ≈ $252,891
⏱ 1 days since previous find
Sep 14, 2026 · 03:06 UTC · NiceHash EasyMining
3.1461 BTC ≈ $253,808
⏱ 1 days since previous find
Sep 15, 2026 · 01:02 UTC · NiceHash EasyMining
3.1284 BTC ≈ $252,377
⏱ 1 days since previous find
Sep 15, 2026 · 04:32 UTC · NiceHash EasyMining
3.1287 BTC ≈ $252,399
⏱ 0 days since previous find
Sep 15, 2026 · 15:35 UTC · NiceHash EasyMining
3.1323 BTC ≈ $252,691
⏱ 0 days since previous find
Sep 16, 2026 · 10:18 UTC · NiceHash EasyMining
3.1313 BTC ≈ $252,609
⏱ 1 days since previous find
Sep 17, 2026 · 07:07 UTC · NiceHash EasyMining
3.1645 BTC ≈ $255,288
⏱ 1 days since previous find
Sep 17, 2026 · 08:02 UTC · NiceHash EasyMining
3.1401 BTC ≈ $253,321
⏱ 0 days since previous find
Sep 17, 2026 · 17:51 UTC · NiceHash EasyMining
3.1324 BTC ≈ $252,698
⏱ 0 days since previous find
Sep 17, 2026 · 22:22 UTC · NiceHash EasyMining
3.1564 BTC ≈ $254,638
⏱ 0 days since previous find
Sep 17, 2026 · 23:25 UTC · NiceHash EasyMining
3.1322 BTC ≈ $252,687
⏱ 0 days since previous find
Sep 18, 2026 · 06:24 UTC · NiceHash EasyMining
3.1378 BTC ≈ $253,137
⏱ 0 days since previous find
Sep 18, 2026 · 14:14 UTC · NiceHash EasyMining
3.1513 BTC ≈ $254,226
⏱ 0 days since previous find
Sep 19, 2026 · 00:48 UTC · NiceHash EasyMining
3.1469 BTC ≈ $253,870
⏱ 0 days since previous find
Sep 19, 2026 · 20:02 UTC · NiceHash EasyMining
3.1656 BTC ≈ $255,375
⏱ 1 days since previous find
Sep 20, 2026 · 01:15 UTC · NiceHash EasyMining
3.1283 BTC ≈ $252,366
⏱ 0 days since previous find
Sep 20, 2026 · 12:19 UTC · NiceHash EasyMining
3.1363 BTC ≈ $253,016
⏱ 0 days since previous find
📊 At 3.88 EH/s hashrate, statistically expected to find a block every 2 days. Actual average: 2 days. 😤 Unlucky so far.