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Topic: Sick of the confirmation time... - page 5. (Read 4253 times)

legendary
Activity: 1540
Merit: 1000
March 18, 2015, 05:20:24 PM
#9
I have noticed that lately the confirmation times have gotten a bit random, sometimes they take forever and sometimes it's extremely quick, that said I've been using Bitcoin a lot more lately.
hero member
Activity: 658
Merit: 500
March 18, 2015, 05:13:08 PM
#8
People who are “sick of the confirmation time” don't understand that you can accept payments with 0 confirmations just fine.
copper member
Activity: 1498
Merit: 1528
No I dont escrow anymore.
March 18, 2015, 04:44:23 PM
#7
I've been watching blockchain.info all day... The average time between blocks is in the range of 20 - 40 minutes currently. With an occassional burst of 3-4 blocks back to back under 10 minutes.  

Latest block is #348183. The block #348041 was ~24 hours ago. Thats 142 out of 144 expected blocks in 24 hours, you should probably check your calculations for "average".

Never said that weren't averaging 10 mins throughout the day, but they are absolutely ridiculously sporadic. Like if you take 348181, 348180, and 348179 and average them out, you get 23 minutes averaged between the 3 of them and 69.3 minutes from 348179 to 348181.

Sure if you cherry pick certain block you will find some that are far apart, but thats hardly typical.

#152218 and #152217 have been apart almost 2 hours. Naturally earlier blocks have even larger gaps, #27 and #28 have been >8 hours apart. The difficulty is specifically designed to keep the average time for 2016 blocks at 2 weeks which boils down to 10 minutes a block. It looks like the next adjustment might result in a reduction of the difficulty, but not by much.

-> https://bitcoinwisdom.com/bitcoin/difficulty
jr. member
Activity: 56
Merit: 1
March 18, 2015, 04:38:41 PM
#6
I've been watching blockchain.info all day... The average time between blocks is in the range of 20 - 40 minutes currently. With an occassional burst of 3-4 blocks back to back under 10 minutes.  

Latest block is #348183. The block #348041 was ~24 hours ago. Thats 142 out of 144 expected blocks in 24 hours, you should probably check your calculations for "average".

Never said that weren't averaging 10 mins throughout the day, but they are absolutely ridiculously sporadic. Like if you take 348181, 348180, and 348179 and average them out, you get 23 minutes averaged between the 3 of them and 69.3 minutes from 348179 to 348181.
copper member
Activity: 1498
Merit: 1528
No I dont escrow anymore.
March 18, 2015, 04:30:58 PM
#5
I've been watching blockchain.info all day... The average time between blocks is in the range of 20 - 40 minutes currently. With an occassional burst of 3-4 blocks back to back under 10 minutes.  

Latest block is #348183. The block #348041 was ~24 hours ago. Thats 142 out of 144 expected blocks in 24 hours, you should probably check your calculations for "average".
jr. member
Activity: 56
Merit: 1
March 18, 2015, 04:15:35 PM
#4
I've been watching blockchain.info all day... The average time between blocks is in the range of 20 - 40 minutes currently. With an occassional burst of 3-4 blocks back to back under 10 minutes. 
jr. member
Activity: 59
Merit: 10
March 18, 2015, 04:11:46 PM
#3
Post your transaction id.  One cause could be the inputs you are using.  If an input is from a transaction that has no fee and is not confirmed, your transaction can't be confirmed until that is.
copper member
Activity: 1498
Merit: 1528
No I dont escrow anymore.
March 18, 2015, 04:10:22 PM
#2
Sick of how long it takes to confirm a transaction. I even put a $4.00 miner's fee, and it is still taking over 2 hours for the second time.

Wish it could just be a little faster.... Am I the only one? Lol

Sometimes it takes a bit until a new block is found. No matter how high your fee is, thats just how bitcoin works. A block is found on average(!) every 10 minutes, but there is luck involved and thus it can take longer. Its been 44 minutes between block 348180 and block 348181. I dont even notice it anymore. I just create a transaction and do something else until its confirmed (if thats needed at all).

newbie
Activity: 2
Merit: 0
March 18, 2015, 04:05:38 PM
#1
Sick of how long it takes to confirm a transaction. I even put a $4.00 miner's fee, and it is still taking over 2 hours for the second time.

Wish it could just be a little faster.... Am I the only one? Lol
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