About block 948,265
Bitcoin block 948,265 was mined by SpiderPool on May 7, 2026 at 4:17 AM UTC, 18 min 29 s after block 948,264. That is slower than the 10-minute target; long gaps are normal, since every hash attempt is an independent draw with the same tiny chance.
It confirmed 2,673 transactions in 1.55 MB (99.8% of the 4 million weight-unit limit). The median transaction paid 1.00 sat/vB, and all fees added up to 0.0276 BTC. With the 3.125 BTC subsidy of halving era 5, SpiderPool earned 3.1526 BTC for this block.
Block 948,265 is number 746 of 2,016 in difficulty epoch 470; 1,270 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 101,735 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 75 blocks in the week before. Today the block has 27,691 confirmations, so it is settled beyond any practical doubt.