About block 948,923
Bitcoin block 948,923 was mined by Foundry USA on May 11, 2026 at 10:46 AM UTC, 18 min 5 s after block 948,922. 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 3,263 transactions in 1.71 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 0.0314 BTC. With the 3.125 BTC subsidy of halving era 5, Foundry USA earned 3.1564 BTC for this block.
Block 948,923 is number 1,404 of 2,016 in difficulty epoch 470; 612 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 101,077 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 26,955 confirmations, so it is settled beyond any practical doubt.