About block 948,965
Bitcoin block 948,965 was mined by SpiderPool on May 11, 2026 at 4:55 PM UTC, 14 min 22 s after block 948,964. 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 3,196 transactions in 1.58 MB (99.8% of the 4 million weight-unit limit). The median transaction paid 2.00 sat/vB, up from 2.00 sat/vB in the block before, and all fees added up to 0.0361 BTC. With the 3.125 BTC subsidy of halving era 5, SpiderPool earned 3.1611 BTC for this block.
Block 948,965 is number 1,446 of 2,016 in difficulty epoch 470; 570 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 101,035 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 26,906 confirmations, so it is settled beyond any practical doubt.