About block 948,051
Bitcoin block 948,051 was mined by SpiderPool on May 5, 2026 at 4:15 PM UTC, 4 min 12 s after block 948,050. That is faster than the 10-minute average the network aims for: blocks come in bursts because finding one is pure chance.
It confirmed 6,940 transactions in 1.59 MB (99.8% of the 4 million weight-unit limit). The median transaction paid 0.00 sat/vB, down from 1.00 sat/vB in the block before, and all fees added up to 0.0034 BTC. With the 3.125 BTC subsidy of halving era 5, SpiderPool earned 3.1284 BTC for this block.
Block 948,051 is number 532 of 2,016 in difficulty epoch 470; 1,484 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 101,949 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. SpiderPool found 77 blocks in the week before. Today the block has 27,920 confirmations, so it is settled beyond any practical doubt.