🎓 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 27, 2026, against enormous odds, they hit the jackpot — block #968,821 worth $262,127. The cost of renting that hashrate? A fraction of the reward.
🎲 The Odds — Show Your Work
Miner's share of total Bitcoin hashrate
0.441460%
Miner: 4.13 EH/s vs Network: 936.27 EH/s
Miner hashrate (Estimated from block frequency (162 blocks found))
4.13 EH/s
Bitcoin network hashrate
936.27 EH/s
Chance of winning each block
1 in 227
Expected wait time at this hashrate
2 days
Expected blocks to find 1 solo block
227 blocks
Probability per block = miner_hashrate / network_hashrate
= 4.13 EH/s / 936.27 EH/s
= 1 in 227
Expected wait = blocks_to_win × 10 minutes
= 227 × 10 min = 2 days
⛏️ Miner Profile
Hashrate (24h)
4.13 EH/s (est. from 162 blocks)
Estimated from block frequency (162 blocks found)
Solo blocks found (tracked)
162 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 3,140,851,738 was the winner.
03,140,851,738 ← winner4,294,967,295
3,140,851,738
Winning Nonce
1,154,115,557
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 — 0.007759 BTC (0.25%)
From 6,599 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 — 162 Blocks Found
509.6404
Total BTC earned
$42,643,140
Total USD value
Sep 18, 2026 · 06:24 UTC · NiceHash EasyMining
3.1378 BTC ≈ $262,551
⏱ 0 days since previous find
Sep 18, 2026 · 14:14 UTC · NiceHash EasyMining
3.1513 BTC ≈ $263,680
⏱ 0 days since previous find
Sep 19, 2026 · 00:48 UTC · NiceHash EasyMining
3.1469 BTC ≈ $263,311
⏱ 0 days since previous find
Sep 19, 2026 · 20:02 UTC · NiceHash EasyMining
3.1656 BTC ≈ $264,871
⏱ 1 days since previous find
Sep 20, 2026 · 01:15 UTC · NiceHash EasyMining
3.1283 BTC ≈ $261,750
⏱ 0 days since previous find
Sep 20, 2026 · 12:19 UTC · NiceHash EasyMining
3.1363 BTC ≈ $262,425
⏱ 0 days since previous find
Sep 20, 2026 · 15:20 UTC · NiceHash EasyMining
3.1330 BTC ≈ $262,149
⏱ 0 days since previous find
Sep 21, 2026 · 03:25 UTC · NiceHash EasyMining
3.1410 BTC ≈ $262,815
⏱ 1 days since previous find
Sep 21, 2026 · 03:34 UTC · NiceHash EasyMining
3.1380 BTC ≈ $262,566
⏱ 0 days since previous find
Sep 21, 2026 · 18:26 UTC · NiceHash EasyMining
3.1856 BTC ≈ $266,546
⏱ 1 days since previous find
Sep 21, 2026 · 19:49 UTC · NiceHash EasyMining
3.1569 BTC ≈ $264,148
⏱ 0 days since previous find
Sep 22, 2026 · 21:07 UTC · NiceHash EasyMining
3.1544 BTC ≈ $263,939
⏱ 1 days since previous find
Sep 23, 2026 · 04:48 UTC · NiceHash EasyMining
3.1491 BTC ≈ $263,491
⏱ 0 days since previous find
Sep 25, 2026 · 04:12 UTC · NiceHash EasyMining
3.1336 BTC ≈ $262,196
⏱ 2 days since previous find
Sep 25, 2026 · 08:47 UTC · NiceHash EasyMining
3.1587 BTC ≈ $264,301
⏱ 0 days since previous find
Sep 26, 2026 · 02:18 UTC · NiceHash EasyMining
3.1551 BTC ≈ $263,994
⏱ 1 days since previous find
Sep 26, 2026 · 20:05 UTC · NiceHash EasyMining
3.1454 BTC ≈ $263,183
⏱ 1 days since previous find
Sep 27, 2026 · 06:26 UTC · NiceHash EasyMining
3.1318 BTC ≈ $262,046
⏱ 0 days since previous find
#968,821THIS BLOCK
Sep 27, 2026 · 09:15 UTC · NiceHash EasyMining
3.1328 BTC ≈ $262,127
⏱ 0 days since previous find
Sep 27, 2026 · 19:10 UTC · NiceHash EasyMining
3.1317 BTC ≈ $262,041
⏱ 0 days since previous find
📊 At 4.13 EH/s hashrate, statistically expected to find a block every 2 days. Actual average: 2 days. 😤 Unlucky so far.