About block 948,995
Bitcoin block 948,995 was mined by SBI Crypto on May 11, 2026 at 8:43 PM UTC, 8 min 7 s after block 948,994. That is faster than the 10-minute average the network aims for: blocks come in bursts because finding one is pure chance.
It confirmed 3,047 transactions in 1.56 MB (99.8% 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 0.0208 BTC. With the 3.125 BTC subsidy of halving era 5, SBI Crypto earned 3.1458 BTC for this block.
Block 948,995 is number 1,476 of 2,016 in difficulty epoch 470; 540 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 101,005 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. SBI Crypto found 0 blocks in the week before. Today the block has 26,872 confirmations, so it is settled beyond any practical doubt.