About block 949,704
Bitcoin block 949,704 was mined by SpiderPool on May 16, 2026 at 9:01 PM UTC, 11 min 49 s after block 949,703. 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 4,121 transactions in 1.77 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 0.0130 BTC. With the 3.125 BTC subsidy of halving era 5, SpiderPool earned 3.1380 BTC for this block.
Block 949,704 is number 169 of 2,016 in difficulty epoch 471; 1,847 blocks remain until the next difficulty adjustment at block 951,551. The next halving is at block 1,050,000, 100,296 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. SpiderPool found 72 blocks in the week before. Today the block has 25,966 confirmations, so it is settled beyond any practical doubt.