About block 948,023
Bitcoin block 948,023 was mined by Foundry USA on May 5, 2026 at 12:01 PM UTC, 1 min 12 s after block 948,022. That is faster than the 10-minute average the network aims for: blocks come in bursts because finding one is pure chance.
It confirmed 4,215 transactions in 1.62 MB (99.8% of the 4 million weight-unit limit). The median transaction paid 1.00 sat/vB, and all fees added up to 0.0149 BTC. With the 3.125 BTC subsidy of halving era 5, Foundry USA earned 3.1399 BTC for this block.
Block 948,023 is number 504 of 2,016 in difficulty epoch 470; 1,512 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 101,977 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. Foundry USA found 250 blocks in the week before. Today the block has 27,953 confirmations, so it is settled beyond any practical doubt.