Transactions1
Median fee0.00 sat/vB
Time since previous block—
Total fees0.0000 BTC
Block reward50.0000 BTCSubsidy: 50.000 BTC
Size0.00 MBWeight: 0.00 MWU
About block 0
It confirmed 1 transactions in 0.00 MB (0.0% of the 4 million weight-unit limit). The median transaction paid 0.00 sat/vB, and all fees added up to 0.0000 BTC. With the 50.000 BTC subsidy of halving era 1, Unknown earned 50.0000 BTC for this block.
Block 0 is number 1 of 2,016 in difficulty epoch 0; 2,015 blocks remain until the next difficulty adjustment at block 2,015. The next halving is at block 210,000, 210,000 blocks after this one.
Its hash starts with 10 zeros: that is the proof of work, a number below the target that the whole network’s hashrate had to search for. Unknown found 7 blocks in the week before. Today the block has 972,308 confirmations, so it is settled beyond any practical doubt.
Why block 0 is notable
Block 0 is the genesis block, created by Satoshi Nakamoto and timestamped 3 January 2009. It is hard-coded into every Bitcoin node instead of being received from the network, and its coinbase carries a headline from that day’s edition of The Times about bank bailouts. Its 50 BTC subsidy can never be spent: the genesis output is not part of the set of spendable coins.
What’s inside a Bitcoin block
Every block, 0 included, is made of the same parts:
- Header
- Eighty bytes that miners hash over and over: the version, the hash of the previous block, the Merkle root that summarises every transaction, a timestamp, the difficulty target in compact form and a nonce. A block is valid when the hash of its header falls below the target.
- Coinbase transaction
- The first transaction, written by the miner. It spends no inputs: it creates the subsidy and collects the fees, and since BIP 34 it must also record the block height.
- Transactions
- Everything else in the block: payments taken from the mempool, usually picked by fee rate because space is capped at 4 million weight units. Block 0 holds 1, counting the coinbase.
- Fees
- The difference between what each transaction spends and what it creates. The miner claims them in the coinbase; they are the part of the reward set by demand rather than by the protocol.
- Subsidy
- New bitcoin created by the block, fixed by the halving schedule: 50 BTC at the start, halved every 210,000 blocks. At height 0 it is 50 BTC.