About block 949,588
Bitcoin block 949,588 was mined by Foundry USA on May 16, 2026 at 1:35 AM UTC, 1 min 57 s after block 949,587. That is faster than the 10-minute average the network aims for: blocks come in bursts because finding one is pure chance.
It confirmed 6,885 transactions in 1.58 MB (99.8% of the 4 million weight-unit limit). The median transaction paid 0.00 sat/vB, and all fees added up to 0.0059 BTC. With the 3.125 BTC subsidy of halving era 5, Foundry USA earned 3.1309 BTC for this block.
Block 949,588 is number 53 of 2,016 in difficulty epoch 471; 1,963 blocks remain until the next difficulty adjustment at block 951,551. The next halving is at block 1,050,000, 100,412 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. Foundry USA found 240 blocks in the week before. Today the block has 26,092 confirmations, so it is settled beyond any practical doubt.