About block 948,980
Bitcoin block 948,980 was mined by OCEAN on May 11, 2026 at 6:15 PM UTC, 5 min 32 s after block 948,979. That is faster than the 10-minute average the network aims for: blocks come in bursts because finding one is pure chance.
It confirmed 1,938 transactions in 0.84 MB (51.6% 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 0.0130 BTC. With the 3.125 BTC subsidy of halving era 5, OCEAN earned 3.1380 BTC for this block.
Block 948,980 is number 1,461 of 2,016 in difficulty epoch 470; 555 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 101,020 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 26,891 confirmations, so it is settled beyond any practical doubt.