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Author Topic: Bitcoin Block time  (Read 1561 times)

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Offline emma.lee1890Topic starter

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Bitcoin Block time
« on: August 29, 2018, 04:42:07 PM »
I am really wondering about BTC Block Time.[/size]This morning only 6 Block found in 2 hours. Of course it depends on luck. But it depends also an HASH Rate. This is so enormous high and only adapted every 2 weeks. Why does the biggest coin does not solve this difficulty problem? And why still more and more miners start so that the difficulty rises without watching the price.[/color]


Offline emma.lee1890Topic starter

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Re: Bitcoin Block time
« Reply #1 on: November 30, 2018, 08:22:15 PM »
ut still,  OP  is paying more fees for a speedier transaction (might user want to payment to be processed (a single confirmation) within an hour.
User put high fees in transaction , so that it will be confirmed in the next block.
If next block is not getting mined in next 3 hours then doing payment in next 1 hour is impossible for user whatever the fees user is paying.
Actually OP is saying he want to do speedier transaction by putting more fees but block mining speed becomes a limiting factor.


 

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