Bitcoin Block Contains 11,255 Transactions, Uses 99.85% of Capacity
Key Facts
Bitcoin block 974,961 contained 11,255 transactions when it was mined on November 7, 2026, and used 99.85% of its capacity, according to Blockchain.com explorer data. AntPool mined the block at 18:24:12 UTC. Its weight was 3,993,844 weight units, according to the explorer. The number of transactions in a block measures activity concentrated in one ledger unit, while the daily total reflects network transactions over the course of the day. The network recorded 591,830 transactions on November 7, according to SoChain's daily chart.
Block data showed that the total value sent through it was 214.849 BTC, with an average transaction value of 0.0190892 BTC, according to Blockchain.com. AntPool received 0.00240533 BTC in transaction fees from the block. These figures provide a snapshot of the transfers and fees associated with this specific block. Transfer value is not a measure of daily transaction counts, and the fees cited apply to the block itself. No direct comparison of these fees or transfer value with other blocks was available in the evidence.
At the level of daily network activity, Bitcoin recorded 913,196 transactions on October 23, 2026, according to SoChain's chart, compared with 591,830 transactions on November 7. The comparison covers the total transactions on two separate days and does not compare the performance of block 974,961 with another block. Transactions are recorded on the blockchain when included in a block, according to a U.S. Securities and Exchange Commission statement published in the Federal Register. The statement describes how transactions are recorded after being broadcast to the Bitcoin network and included in a block. The figure of 11,255 therefore relates to a single block, while the two daily figures reflect network activity on their respective dates.
The network maintains a target pace of approximately one new block every 10 minutes by adjusting mining difficulty, according to the same statement. This places block 974,961 within the sequence of blocks miners add to the ledger, while its weight highlights usage close to the block capacity reported by the explorer. Its description as the second-highest block historically could not be verified from an accessible, reliable source. The evidence also did not establish an upward trend in Bitcoin's price alongside this activity; its close was $75,844 on November 6 and $75,867.59 on November 7, according to EL7 daily closing data. These prices provide background for the same period and are not sufficient on their own to establish a price trend.