This Bitcoin block, identified by a short hash of 0000000000, is the 123467th in the blockchain. Mined on May 11, 2011, it contains 12 transactions and has a total size of 4,362 bytes.
The first transaction in this block is a coinbase transaction, which means it was created by the miner as a reward for their work. It outputs 0.05 BTC (5,000,000 sats) to a public key, making it distinct as the first of its kind in this block.
Many of the other transactions within the block are simple transfers made in P2PKH (Pay-to-Public-Key-Hash) format, which is commonly used for sending Bitcoins to addresses. Notably, the second transaction moves a considerable amount of 30 BTC (30,000,000 sats) into a new address.
The miners solved this block with a difficulty level of 157,416, reflecting the competitive nature of validating transactions on the Bitcoin network. The overall weight of the block is 17,448, indicating the computational work involved in its creation.
In summary, this block showcases typical Bitcoin operations, highlighting typical transaction types and the mining process in action.