About block 948,868
Bitcoin block 948,868 was mined by Binance Pool on May 11, 2026 at 2:23 AM UTC, 5 min 56 s after block 948,867. That is faster than the 10-minute average the network aims for: blocks come in bursts because finding one is pure chance.
It confirmed 6,156 transactions in 1.63 MB (99.8% of the 4 million weight-unit limit). The median transaction paid 0.00 sat/vB, and all fees added up to 0.0078 BTC. With the 3.125 BTC subsidy of halving era 5, Binance Pool earned 3.1328 BTC for this block.
Block 948,868 is number 1,349 of 2,016 in difficulty epoch 470; 667 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 101,132 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. Binance Pool found 0 blocks in the week before. Today the block has 27,018 confirmations, so it is settled beyond any practical doubt.