About block 947,578
Bitcoin block 947,578 was mined by Foundry USA on May 2, 2026 at 1:23 PM UTC, 2 min 59 s after block 947,577. That is faster than the 10-minute average the network aims for: blocks come in bursts because finding one is pure chance.
It confirmed 2,396 transactions in 1.58 MB (99.8% of the 4 million weight-unit limit). The median transaction paid 1.00 sat/vB, down from 3.00 sat/vB in the block before, and all fees added up to 0.0173 BTC. With the 3.125 BTC subsidy of halving era 5, Foundry USA earned 3.1423 BTC for this block.
Block 947,578 is number 59 of 2,016 in difficulty epoch 470; 1,957 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 102,422 blocks after this one.
Its hash starts with 19 zeros: that is the proof of work, a number below the target that the whole network’s hashrate had to search for. Foundry USA found 251 blocks in the week before. Today the block has 28,434 confirmations, so it is settled beyond any practical doubt.