Bitcoin miner produces empty block at height 960017, PANews reports

Block 960,017 was mined on July 28 with only the mandatory coinbase transaction and no fees, an increasingly rare outcome linked to miners prioritizing speed over transaction inclusion.

BTC

Summary

A Bitcoin block mined on July 28, 2026, at about 02:28 UTC contained no user transactions, with block 960,017 including only the mandatory coinbase transaction and collecting 0 BTC in fees. The miner was listed as “Unknown,” though some sources pointed to F2Pool as a likely operator. Empty blocks can occur when miners begin hashing on a new block before fully validating the previous one, using SPV mining to avoid losing time in the race for the next block subsidy. While the tactic once accounted for more than 10% of Bitcoin blocks in the network’s early years, historical data indicates it now represents less than 1%, reflecting faster propagation tools such as compact blocks and improved validation software. A similar case occurred on June 19, 2026, when SpiderPool mined empty block 954,352, which weighed 1.16 kWU. Bitcoin showed no significant market reaction as of July 29, 2026, and no major analysts flagged the event as a concern.

Terms & Concepts
  • empty block: A mined block that includes no regular user transactions beyond the required reward transaction.
  • coinbase transaction: The special transaction in a block that pays the miner its block reward.
  • SPV mining: A mining approach where miners start building the next block before fully validating the previous one to save time.