About block 948,937
Bitcoin block 948,937 was mined by Foundry USA on May 11, 2026 at 12:14 PM UTC, 17 min 41 s after block 948,936. 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 3,659 transactions in 1.75 MB (99.8% of the 4 million weight-unit limit). The median transaction paid 2.00 sat/vB, and all fees added up to 0.0319 BTC. With the 3.125 BTC subsidy of halving era 5, Foundry USA earned 3.1569 BTC for this block.
Block 948,937 is number 1,418 of 2,016 in difficulty epoch 470; 598 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 101,063 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. Foundry USA found 247 blocks in the week before. Today the block has 26,938 confirmations, so it is settled beyond any practical doubt.