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Topic: block 359,391 (Read 621 times)

r1973
full member
Activity: 191
Merit: 100
block 359,391
June 04, 2015, 01:21:59 PM
#9
Quote from: bitllionaire on June 04, 2015, 01:16:45 PM
Sometimes blocks spend more than an hour,and sometimes they take minutes or seconds to go,it is 10 minutes by mean, but you can't predict how long they will be

thanks. I have been running a full node (bitcoin core) for a couple of days, thus was wondering about that block...
bitllionaire
legendary
Activity: 1120
Merit: 1000
Re: block 359,391
June 04, 2015, 01:16:45 PM
#8
Sometimes blocks spend more than an hour,and sometimes they take minutes or seconds to go,it is 10 minutes by mean, but you can't predict how long they will be
jeannemadrigal2
sr. member
Activity: 322
Merit: 250
Re: block 359,391
June 04, 2015, 01:06:05 PM
#7
This was a problem the other day when i was trying to transfer some money over to buy some hash.  It took longer than usual and by the time the transfer went through the price of hash had gone up like I knew it would.  Oh well I guess that is how it goes sometimes.  I still made money, but I could have made slightly more.
shorena
copper member
Activity: 1498
Merit: 1499
No I dont escrow anymore.
Re: block 359,391
June 04, 2015, 12:41:16 PM
#6
Quote from: Amph on June 04, 2015, 12:38:27 PM
ah this could explain why my last transaction was still stuck there even with proper fee...

this is not really certainly pleasant for anyone running a serious bsiness with bitcoin

It might be an issue among peers that do not trust each other and are in a hurry, I doubt its an issue for serious businesses.
Amph
legendary
Activity: 3206
Merit: 1069
Re: block 359,391
June 04, 2015, 12:38:27 PM
#5
ah this could explain why my last transaction was still stuck there even with proper fee...

this is not really certainly pleasant for anyone running a serious business with bitcoin
ragi
hero member
Activity: 686
Merit: 500
Re: block 359,391
June 04, 2015, 12:21:37 PM
#4
Sometimes there's 1hour with no blocks found. Then BAM 5 at once. It's funny, but if you're waiting for confirmation it can get really frustrating.
michinzx
sr. member
Activity: 364
Merit: 250
Re: block 359,391
June 04, 2015, 12:10:15 PM
#3
as above, 10 minutes is the average, ive seen blocks take anywhere from 2 minutes to a few hours to mine, it all depends on the miners guessing the right hashes.
shorena
copper member
Activity: 1498
Merit: 1499
No I dont escrow anymore.
Re: block 359,391
June 04, 2015, 11:37:12 AM
#2
Quote from: r1973 on June 04, 2015, 11:33:34 AM
Last block created an hour ago,Is that possible, I thought it takes 10 minutes for a block.


... on average. Mining is basically a random process and finding a block can take longer. It also happens that a few block are found in quit succession.

Edit: ~5800 TX are currently waiting for confirmation, so we will need 2-3 blocks to clear the backlog.
r1973
full member
Activity: 191
Merit: 100
Re: block 359,391
June 04, 2015, 11:33:34 AM
#1
Last block created an hour ago,Is that possible, I thought it takes 10 minutes for a block.
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