About block 948,988
Bitcoin block 948,988 was mined by SBI Crypto on May 11, 2026 at 7:31 PM UTC, 5 min 59 s after block 948,987. That is faster than the 10-minute average the network aims for: blocks come in bursts because finding one is pure chance.
It confirmed 612 transactions in 0.21 MB (12.9% of the 4 million weight-unit limit). The median transaction paid 1.00 sat/vB, and all fees added up to 0.0031 BTC. With the 3.125 BTC subsidy of halving era 5, SBI Crypto earned 3.1281 BTC for this block.
Block 948,988 is number 1,469 of 2,016 in difficulty epoch 470; 547 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 101,012 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. SBI Crypto found 0 blocks in the week before. Today the block has 26,879 confirmations, so it is settled beyond any practical doubt.