About block 948,034
Bitcoin block 948,034 was mined by SpiderPool on May 5, 2026 at 2:05 PM UTC, 3 min 27 s after block 948,033. That is faster than the 10-minute average the network aims for: blocks come in bursts because finding one is pure chance.
It confirmed 4,619 transactions in 1.75 MB (99.8% of the 4 million weight-unit limit). The median transaction paid 1.00 sat/vB, down from 2.00 sat/vB in the block before, and all fees added up to 0.0120 BTC. With the 3.125 BTC subsidy of halving era 5, SpiderPool earned 3.1370 BTC for this block.
Block 948,034 is number 515 of 2,016 in difficulty epoch 470; 1,501 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 101,966 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 77 blocks in the week before. Today the block has 27,940 confirmations, so it is settled beyond any practical doubt.