About block 948,846
Bitcoin block 948,846 was mined by SpiderPool on May 11, 2026 at 12:28 AM UTC, 26 min 50 s after block 948,845. 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 3,314 transactions in 1.67 MB (99.8% of the 4 million weight-unit limit). The median transaction paid 2.00 sat/vB, up from 1.00 sat/vB in the block before, and all fees added up to 0.0470 BTC. With the 3.125 BTC subsidy of halving era 5, SpiderPool earned 3.1720 BTC for this block.
Block 948,846 is number 1,327 of 2,016 in difficulty epoch 470; 689 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 101,154 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 77 blocks in the week before. Today the block has 27,042 confirmations, so it is settled beyond any practical doubt.