About block 8,704
Bitcoin block 8,704 was mined by Unknown on March 26, 2009 at 12:26 AM UTC, 4 min 26 s after block 8,703. That is faster than the 10-minute average the network aims for: blocks come in bursts because finding one is pure chance.
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 8,704 is number 641 of 2,016 in difficulty epoch 4; 1,375 blocks remain until the next difficulty adjustment at block 10,079. The next halving is at block 210,000, 201,296 blocks after this one.
Its hash starts with 8 zeros: that is the proof of work, a number below the target that the whole network’s hashrate had to search for. Unknown found 4 blocks in the week before. Today the block has 966,678 confirmations, so it is settled beyond any practical doubt.