About block 948,948
Bitcoin block 948,948 was mined by SpiderPool on May 11, 2026 at 2:16 PM UTC, 25 min 4 s after block 948,947. 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 3,692 transactions in 1.69 MB (99.8% of the 4 million weight-unit limit). The median transaction paid 2.00 sat/vB, and all fees added up to 0.0378 BTC. With the 3.125 BTC subsidy of halving era 5, SpiderPool earned 3.1628 BTC for this block.
Block 948,948 is number 1,429 of 2,016 in difficulty epoch 470; 587 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 101,052 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 26,923 confirmations, so it is settled beyond any practical doubt.