About block 947,863
Bitcoin block 947,863 was mined by SpiderPool on May 4, 2026 at 11:36 AM UTC, 15 min 28 s after block 947,862. That is slower than the 10-minute target; long gaps are normal, since every hash attempt is an independent draw with the same tiny chance.
It confirmed 2,630 transactions in 1.60 MB (99.8% of the 4 million weight-unit limit). The median transaction paid 2.00 sat/vB, up from 1.00 sat/vB in the block before, and all fees added up to 0.0274 BTC. With the 3.125 BTC subsidy of halving era 5, SpiderPool earned 3.1524 BTC for this block.
Block 947,863 is number 344 of 2,016 in difficulty epoch 470; 1,672 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 102,137 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. SpiderPool found 76 blocks in the week before. Today the block has 28,128 confirmations, so it is settled beyond any practical doubt.