About block 948,930
Bitcoin block 948,930 was mined by SpiderPool on May 11, 2026 at 11:42 AM UTC, 12 min 1 s after block 948,929. 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 5,416 transactions in 1.83 MB (99.8% of the 4 million weight-unit limit). The median transaction paid 0.00 sat/vB, down from 1.00 sat/vB in the block before, and all fees added up to 0.0137 BTC. With the 3.125 BTC subsidy of halving era 5, SpiderPool earned 3.1387 BTC for this block.
Block 948,930 is number 1,411 of 2,016 in difficulty epoch 470; 605 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 101,070 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 75 blocks in the week before. Today the block has 26,946 confirmations, so it is settled beyond any practical doubt.