About block 948,504
Bitcoin block 948,504 was mined by SpiderPool on May 8, 2026 at 8:28 PM UTC, 13 min 21 s after block 948,503. 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 3,566 transactions in 1.70 MB (99.8% of the 4 million weight-unit limit). The median transaction paid 2.00 sat/vB, down from 3.00 sat/vB in the block before, and all fees added up to 0.0358 BTC. With the 3.125 BTC subsidy of halving era 5, SpiderPool earned 3.1608 BTC for this block.
Block 948,504 is number 985 of 2,016 in difficulty epoch 470; 1,031 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 101,496 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 76 blocks in the week before. Today the block has 27,424 confirmations, so it is settled beyond any practical doubt.