About block 948,711
Bitcoin block 948,711 was mined by SpiderPool on May 10, 2026 at 3:02 AM UTC, 8 min 7 s after block 948,710. That is faster than the 10-minute average the network aims for: blocks come in bursts because finding one is pure chance.
It confirmed 3,972 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 0.0256 BTC. With the 3.125 BTC subsidy of halving era 5, SpiderPool earned 3.1506 BTC for this block.
Block 948,711 is number 1,192 of 2,016 in difficulty epoch 470; 824 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 101,289 blocks after this one.
Its hash starts with 21 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 27,196 confirmations, so it is settled beyond any practical doubt.