About block 948,935
Bitcoin block 948,935 was mined by Foundry USA on May 11, 2026 at 11:57 AM UTC, 11 min 10 s after block 948,934. 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 3,344 transactions in 1.87 MB (99.8% of the 4 million weight-unit limit). The median transaction paid 1.00 sat/vB, down from 2.00 sat/vB in the block before, and all fees added up to 0.0180 BTC. With the 3.125 BTC subsidy of halving era 5, Foundry USA earned 3.1430 BTC for this block.
Block 948,935 is number 1,416 of 2,016 in difficulty epoch 470; 600 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 101,065 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 26,941 confirmations, so it is settled beyond any practical doubt.