About block 948,046
Bitcoin block 948,046 was mined by OCEAN on May 5, 2026 at 3:28 PM UTC, 2 min 49 s after block 948,045. That is faster than the 10-minute average the network aims for: blocks come in bursts because finding one is pure chance.
It confirmed 801 transactions in 0.38 MB (26.0% of the 4 million weight-unit limit). The median transaction paid 1.00 sat/vB, and all fees added up to 0.0059 BTC. With the 3.125 BTC subsidy of halving era 5, OCEAN earned 3.1309 BTC for this block.
Block 948,046 is number 527 of 2,016 in difficulty epoch 470; 1,489 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 101,954 blocks after this one.
Its hash starts with 19 zeros: that is the proof of work, a number below the target that the whole network’s hashrate had to search for. OCEAN found 36 blocks in the week before. Today the block has 27,927 confirmations, so it is settled beyond any practical doubt.