About block 974,701
Bitcoin block 974,701 was mined by OCEAN on November 5, 2026 at 7:57 PM UTC, 7 min 59 s after block 974,700. That is faster than the 10-minute average the network aims for: blocks come in bursts because finding one is pure chance.
It confirmed 3,520 transactions in 1.72 MB (99.5% of the 4 million weight-unit limit). The median transaction paid 3.33 sat/vB, down from 3.54 sat/vB in the block before, and all fees added up to 0.0533 BTC. With the 3.125 BTC subsidy of halving era 5, OCEAN earned 3.1783 BTC for this block.
Block 974,701 is number 974 of 2,016 in difficulty epoch 483; 1,042 blocks remain until the next difficulty adjustment at block 975,743. The next halving is at block 1,050,000, 75,299 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. OCEAN found 53 blocks in the week before. Today the block has 13 confirmations, so it is settled beyond any practical doubt.