About block 949,701
Bitcoin block 949,701 was mined by Foundry USA on May 16, 2026 at 8:19 PM UTC, 15 min 50 s after block 949,700. That is slower than the 10-minute target; long gaps are normal, since every hash attempt is an independent draw with the same tiny chance.
It confirmed 4,480 transactions in 1.72 MB (99.8% of the 4 million weight-unit limit). The median transaction paid 1.00 sat/vB, and all fees added up to 0.0208 BTC. With the 3.125 BTC subsidy of halving era 5, Foundry USA earned 3.1458 BTC for this block.
Block 949,701 is number 166 of 2,016 in difficulty epoch 471; 1,850 blocks remain until the next difficulty adjustment at block 951,551. The next halving is at block 1,050,000, 100,299 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 241 blocks in the week before. Today the block has 25,969 confirmations, so it is settled beyond any practical doubt.