About block 950,948
Bitcoin block 950,948 was mined by SpiderPool on May 25, 2026 at 11:11 AM UTC, 0 seconds after block 950,947. That is faster than the 10-minute average the network aims for: blocks come in bursts because finding one is pure chance.
It confirmed 6,949 transactions in 1.61 MB (99.8% of the 4 million weight-unit limit). The median transaction paid 0.00 sat/vB, and all fees added up to 0.0047 BTC. With the 3.125 BTC subsidy of halving era 5, SpiderPool earned 3.1297 BTC for this block.
Block 950,948 is number 1,413 of 2,016 in difficulty epoch 471; 603 blocks remain until the next difficulty adjustment at block 951,551. The next halving is at block 1,050,000, 99,052 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 71 blocks in the week before. Today the block has 24,602 confirmations, so it is settled beyond any practical doubt.