About block 948,938
Bitcoin block 948,938 was mined by F2Pool on May 11, 2026 at 12:17 PM UTC, 2 min 36 s after block 948,937. That is faster than the 10-minute average the network aims for: blocks come in bursts because finding one is pure chance.
It confirmed 6,231 transactions in 1.68 MB (99.9% of the 4 million weight-unit limit). The median transaction paid 0.00 sat/vB, down from 2.00 sat/vB in the block before, and all fees added up to 0.0088 BTC. With the 3.125 BTC subsidy of halving era 5, F2Pool earned 3.1338 BTC for this block.
Block 948,938 is number 1,419 of 2,016 in difficulty epoch 470; 597 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 101,062 blocks after this one.
Its hash starts with 21 zeros: that is the proof of work, a number below the target that the whole network’s hashrate had to search for. F2Pool found 164 blocks in the week before. Today the block has 26,937 confirmations, so it is settled beyond any practical doubt.