Author

Topic: Slow block times.... (Read 2676 times)

newbie
Activity: 10
Merit: 0
January 08, 2016, 05:55:07 PM
#19
what is the record between two blocks?

I'm not certain, but I think the record was 8 hours 34 minutes 44 seconds between block number 27 and block number 28.

Block 27: 2009-01-10 06:56:13
Block 28: 2009-01-10 15:30:57
- snip -

satoshi take a pause to sleep Smiley ?

I've learned to just make a transaction and with the expectation nothing going on for atleast an hour. Just the realities of the system and just make sure I do nothing that overly time dependent with BTC

half hour for me !
legendary
Activity: 3472
Merit: 4801
January 08, 2016, 05:23:57 PM
#18
what is the record between two blocks?

I'm not certain, but I think the record was 8 hours 34 minutes 44 seconds between block number 27 and block number 28.

Block 27: 2009-01-10 06:56:13
Block 28: 2009-01-10 15:30:57
- snip -
newbie
Activity: 10
Merit: 0
January 08, 2016, 05:15:19 PM
#17
I remember there was once I waited nearly 2+ hours for 1 block to be found...

what is the record between two blocks?
member
Activity: 84
Merit: 10
January 08, 2016, 05:14:11 PM
#16
I've learned to just make a transaction and with the expectation nothing going on for atleast an hour. Just the realities of the system and just make sure I do nothing that overly time dependent with BTC
sr. member
Activity: 687
Merit: 269
January 08, 2016, 03:49:41 PM
#15
This is a period when a plenty of new mining equipment is deployed, so the blocks are actually faster than usual. This will last until the difficulty adjusts.
hero member
Activity: 672
Merit: 502
January 08, 2016, 10:54:32 AM
#14
Normally it takes 10 minutes but it may take longer or faster depending on various factors. Wait till the next Stress Test aka spam attack and then you'll see what slow really means.
legendary
Activity: 1470
Merit: 1001
January 08, 2016, 08:50:40 AM
#13
trying to send some btc. btc network has been stuck on 392276 for 35 minutes now. wtf, i thought it was supposed to be 10 minutes per block?
edit- finally another block after 35 minutes. that so slooow

If you compare bitcoin confirmation times with bank transference that takes from 1 to 3 days, waiting 35 minutes or some times up to 2 hours isn't a big problem. And normaly takes near 10 minutes to find a block.
legendary
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
January 08, 2016, 08:31:49 AM
#12
trying to send some btc. btc network has been stuck on 392276 for 35 minutes now. wtf, i thought it was supposed to be 10 minutes per block?
edit- finally another block after 35 minutes. that so slooow

It ain't just limited to finding a block, but finding a genesis block, there are Orphans too due to which it takes time if 2 - 3 orphans come in a row...
Nothing to worry about...
legendary
Activity: 2170
Merit: 1427
January 08, 2016, 05:47:02 AM
#11
Some people still don't understand that blocks might take much longer to be found than 10 minutes. The 10 minute time is just an example for average block times. I some times have to wait 50 minutes for 1 block to be mined, and the next time I only have to wait 20 minutes for 3 blocks to be mined. It can widely vary.
sr. member
Activity: 294
Merit: 250
January 08, 2016, 05:18:38 AM
#10
The blocks are found randomly, it might be 1 minute or 1 hour, ony the average time is 10 minutes.

We dont need faster blocks, as altcoins with 1 minute blocks (on average) can take sometimes 10 or more minutes anyway, what is necessary is having significant trust your incoming 0 confirmation transaction become confirmed sonner or later anyway (having little chance of double spend by sender)
legendary
Activity: 3248
Merit: 1070
January 08, 2016, 02:50:30 AM
#9
yeah and some times we see somethign like 5 min block, there was even a thread about it

wake me up when the average time will be 3 hours or above, than we can talk about a possible issue
sr. member
Activity: 343
Merit: 250
Bonus Claim Url: http://betonline.wager.bz
January 08, 2016, 02:48:20 AM
#8
35 minutes is nothing.

I've waited 1 hour and 10 minutes for a block once, and it was for a bet. I went to sleep, and when I woke up, I realised I lost the bet. Worst way to wake up.

The difficulty is adjusted every week, and some people might start/stop mining, so the blocks might take longer, or shorter. It's also random, so someone can hash the correct nonce first try, or after 3 hours
legendary
Activity: 2674
Merit: 2965
Terminated.
January 08, 2016, 02:46:09 AM
#7
So? Nothing surprising here. Recently (depending on how often you read reddit/other sources) there was a event where in a 2 hour period (I think) the block generation was 2x than usual. The system has to compensate sometimes. It depends on luck in addition to the high increases of hashrate (that we've also seen recently) before the difficulty adjusts.

legendary
Activity: 1946
Merit: 1007
January 08, 2016, 02:35:52 AM
#6
And maybe the next few blocks are mined after 1 minute or something.

Block finding time is set to avarage out to 10 minutes, if it takes longer or shorter, the difficulty will adjust after 2 weeks. That is how they maintain an avarage of 10 minutes.

Unfortunately an avarage also means there can be deviations from the avarage value.
legendary
Activity: 1218
Merit: 1000
January 08, 2016, 01:57:05 AM
#5
We cannot control block time. What we can do is to include required fees to get the tx confirmed in the next block. I have to say 35 minutes block time is rare.
sr. member
Activity: 392
Merit: 250
January 08, 2016, 01:54:13 AM
#4
40 minutes and counting on this one...  Undecided
sr. member
Activity: 552
Merit: 250
January 08, 2016, 01:50:47 AM
#3
I remember there was once I waited nearly 2+ hours for 1 block to be found...
copper member
Activity: 1498
Merit: 1528
No I dont escrow anymore.
January 08, 2016, 01:44:24 AM
#2
trying to send some btc. btc network has been stuck on 392276 for 35 minutes now. wtf, i thought it was supposed to be 10 minutes per block?
edit- finally another block after 35 minutes. that so slooow

10 minutes per block on average, it can vary. 35 minutes is nothing.
full member
Activity: 120
Merit: 100
January 07, 2016, 11:56:28 PM
#1
trying to send some btc. btc network has been stuck on 392276 for 35 minutes now. wtf, i thought it was supposed to be 10 minutes per block?
edit- finally another block after 35 minutes. that so slooow
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