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Bitcoin NewsBlockchain News

Bitcoin Delays Block Production For About An Hour

Written By:
Gopal Solanky

Last updated: February 12, 2024 6:04 AM
Published November 7, 2023 11:56 AM
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Last updated: February 12, 2024 6:04 AM
Published November 7, 2023 11:56 AM
Bitcoin Delays Block Production For About An Hour

The Bitcoin network did not produce a block for nearly an hour on November 7 at the block height of 815,688.

Crypto reporter Wu Blockchain shared that block production was stopped for about an hour from 16:47 to 17:56 (UTC+8).

The Bitcoin network did not produce a block for about an hour from 16:47 to 17:56 (UTC+8) on November 7. In May 2023, the Bitcoin network twice did not produce a block for nearly an hour. In 2021, the Bitcoin network experienced two times for nearly 2 hours.… pic.twitter.com/X2xVPsmliD

— Wu Blockchain (@WuBlockchain) November 7, 2023

The data from Blockchain Explorer displays that block 815,689 took nearly 43 minutes, while the next block at 815,690 took over 1 hour and 6 minutes. The average block time on the Bitcoin network is approximately 10 minutes.

Wu Blockchain shared that this is not the first time there has been a delay in block production. In May 2023, the Bitcoin network took a gap of an hour to produce a new block twice, while it did the same in 2021.

The network also took approximately 48 minutes to produce block 815,706, just a couple of hours after the consecutive delay in the above-mentioned block height.

Bitcoin Block Production Delay - Blockchain.com
Bitcoin Block Production Delay – Blockchain.com

Also Read: Redditor Attempts Running a Full Bitcoin Node In China

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Gopal Solanky - Crypto Research Analyst at The Crypto Times
By Gopal Solanky Sr. Crypto Journalist
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Gopal Solanky is a Research Analyst and Reporter with over 5 years of experience in DeFi, blockchain, crypto, IT, and financial markets. With a Bachelor's in Computer Applications, he brings a strong technical foundation to his analysis and reporting. Gopal focuses on breaking down complex topics for both seasoned investors and curious readers. His work has been referenced by publications like Business Insider and Vulture.com, highlighting his contributions to industry stories around topics like Huwak Tuah Memecoin and the FTX collapse.

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