About block 949,011
Bitcoin block 949,011 was mined by OCEAN on May 12, 2026 at 12:12 AM UTC, 9 min 48 s after block 949,010. That is faster than the 10-minute average the network aims for: blocks come in bursts because finding one is pure chance.
It confirmed 3,221 transactions in 1.67 MB (99.6% of the 4 million weight-unit limit). The median transaction paid 1.00 sat/vB, down from 3.00 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, OCEAN earned 3.1458 BTC for this block.
Block 949,011 is number 1,492 of 2,016 in difficulty epoch 470; 524 blocks remain until the next difficulty adjustment at block 949,535. The next halving is at block 1,050,000, 100,989 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. OCEAN found 40 blocks in the week before. Today the block has 26,852 confirmations, so it is settled beyond any practical doubt.