About block 948,941
Bitcoin block 948,941 was mined by OCEAN on May 11, 2026 at 12:53 PM UTC, 13 min 23 s after block 948,940. 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 2,359 transactions in 1.69 MB (99.5% 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 0.0221 BTC. With the 3.125 BTC subsidy of halving era 5, OCEAN earned 3.1471 BTC for this block.
Block 948,941 is number 1,422 of 2,016 in difficulty epoch 470; 594 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 101,059 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. OCEAN found 40 blocks in the week before. Today the block has 26,934 confirmations, so it is settled beyond any practical doubt.