About block 948,854
Bitcoin block 948,854 was mined by Foundry USA on May 11, 2026 at 1:09 AM UTC, 2 min 13 s after block 948,853. That is faster than the 10-minute average the network aims for: blocks come in bursts because finding one is pure chance.
It confirmed 6,540 transactions in 1.61 MB (99.8% of the 4 million weight-unit limit). The median transaction paid 0.00 sat/vB, and all fees added up to 0.0053 BTC. With the 3.125 BTC subsidy of halving era 5, Foundry USA earned 3.1303 BTC for this block.
Block 948,854 is number 1,335 of 2,016 in difficulty epoch 470; 681 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 101,146 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 248 blocks in the week before. Today the block has 27,033 confirmations, so it is settled beyond any practical doubt.