About block 948,947
Bitcoin block 948,947 was mined by SpiderPool on May 11, 2026 at 1:51 PM UTC, 12 seconds after block 948,946. That is faster than the 10-minute average the network aims for: blocks come in bursts because finding one is pure chance.
It confirmed 6,548 transactions in 1.63 MB (99.8% of the 4 million weight-unit limit). The median transaction paid 0.00 sat/vB, down from 1.00 sat/vB in the block before, and all fees added up to 0.0037 BTC. With the 3.125 BTC subsidy of halving era 5, SpiderPool earned 3.1287 BTC for this block.
Block 948,947 is number 1,428 of 2,016 in difficulty epoch 470; 588 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 101,053 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. SpiderPool found 75 blocks in the week before. Today the block has 26,928 confirmations, so it is settled beyond any practical doubt.