About block 947,816
Bitcoin block 947,816 was mined by OCEAN on May 4, 2026 at 2:57 AM UTC, 6 min 19 s after block 947,815. That is faster than the 10-minute average the network aims for: blocks come in bursts because finding one is pure chance.
It confirmed 1,042 transactions in 0.79 MB (52.2% of the 4 million weight-unit limit). The median transaction paid 1.00 sat/vB, and all fees added up to 0.0137 BTC. With the 3.125 BTC subsidy of halving era 5, OCEAN earned 3.1387 BTC for this block.
Block 947,816 is number 297 of 2,016 in difficulty epoch 470; 1,719 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 102,184 blocks after this one.
Its hash starts with 20 zeros: that is the proof of work, a number below the target that the whole network’s hashrate had to search for. OCEAN found 37 blocks in the week before. Today the block has 28,182 confirmations, so it is settled beyond any practical doubt.