About block 947,960
Bitcoin block 947,960 was mined by SpiderPool on May 5, 2026 at 3:21 AM UTC, 6 min 46 s after block 947,959. That is faster than the 10-minute average the network aims for: blocks come in bursts because finding one is pure chance.
It confirmed 4,661 transactions in 1.65 MB (99.8% of the 4 million weight-unit limit). The median transaction paid 1.00 sat/vB, up from 1.00 sat/vB in the block before, and all fees added up to 0.0113 BTC. With the 3.125 BTC subsidy of halving era 5, SpiderPool earned 3.1363 BTC for this block.
Block 947,960 is number 441 of 2,016 in difficulty epoch 470; 1,575 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 102,040 blocks after this one.
Its hash starts with 21 zeros: that is the proof of work, a number below the target that the whole network’s hashrate had to search for. SpiderPool found 77 blocks in the week before. Today the block has 28,023 confirmations, so it is settled beyond any practical doubt.