About block 948,940
Bitcoin block 948,940 was mined by Foundry USA on May 11, 2026 at 12:40 PM UTC, 12 min 14 s after block 948,939. 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 2,975 transactions in 1.73 MB (99.8% of the 4 million weight-unit limit). The median transaction paid 2.00 sat/vB, up from 1.00 sat/vB in the block before, and all fees added up to 0.0257 BTC. With the 3.125 BTC subsidy of halving era 5, Foundry USA earned 3.1507 BTC for this block.
Block 948,940 is number 1,421 of 2,016 in difficulty epoch 470; 595 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 101,060 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 247 blocks in the week before. Today the block has 26,935 confirmations, so it is settled beyond any practical doubt.