About block 948,501
Bitcoin block 948,501 was mined by Foundry USA on May 8, 2026 at 7:39 PM UTC, 9 min 27 s after block 948,500. That is faster than the 10-minute average the network aims for: blocks come in bursts because finding one is pure chance.
It confirmed 4,169 transactions in 1.59 MB (99.8% of the 4 million weight-unit limit). The median transaction paid 1.00 sat/vB, and all fees added up to 0.0223 BTC. With the 3.125 BTC subsidy of halving era 5, Foundry USA earned 3.1473 BTC for this block.
Block 948,501 is number 982 of 2,016 in difficulty epoch 470; 1,034 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 101,499 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. Foundry USA found 250 blocks in the week before. Today the block has 27,427 confirmations, so it is settled beyond any practical doubt.