About block 948,959
Bitcoin block 948,959 was mined by Binance Pool on May 11, 2026 at 4:06 PM UTC, 9 min 45 s after block 948,958. That is faster than the 10-minute average the network aims for: blocks come in bursts because finding one is pure chance.
It confirmed 3,986 transactions in 1.72 MB (99.8% of the 4 million weight-unit limit). The median transaction paid 1.00 sat/vB, up from 1.00 sat/vB in the block before, and all fees added up to 0.0225 BTC. With the 3.125 BTC subsidy of halving era 5, Binance Pool earned 3.1475 BTC for this block.
Block 948,959 is number 1,440 of 2,016 in difficulty epoch 470; 576 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 101,041 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. Binance Pool found 0 blocks in the week before. Today the block has 26,912 confirmations, so it is settled beyond any practical doubt.