Bitcoin Recorded Longest Between Two Blocks in Almost 10 YearssteemCreated with Sketch.

in bitcoin •  3 years ago  (edited)

The #Bitcoin #blockchain has recorded one of the largest time slots between two blocks in its history .

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According to #CoinMetrics' leading #data #engineer, Antoine Le Calvez, it took 122 minutes to extract 679,786 blocks and was eventually discovered by the #F2Pool mining pool.

It took 122 minutes for block 679,786 to be extracted. Assuming the blocks arrive every 10 minutes, there is a 1 in 200,000 probability.

This was the longest block interval time since October 13, 2011, when 149,097 block mining took 141 minutes.

Blocks are now being mined much more slowly, after power outages in China's Xinjiang region, a major mining hub, dropped by over 45 percent overnight.

✅Longest Block Spacing Ever
Typically, there is a new block on the Bitcoin blockchain approximately every 10 minutes. However, there may be some abnormalities from time to time.

Block 0 and block 1, the "formation block" released by Satoshi Nakamoto on January 3, 2009, continue to hold the record for the largest time span: 5 days, 8 hours, and 39 minutes.

The second and third longest blocks were recorded on May 22, 2009 and June 5, 2009, respectively, one day and one hour each.

Also, there are several blocks with earlier timestamps than their predecessors. 222 blocks have overlapping time stamps. However, there is no reliable data to determine the shortest interval between two Bitcoin blocks.

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