The Daily Dive #012 - Historically Slow Average Bitcoin Block Time
bmpro.substack.com
Over the weekend, the trend of falling hash rate on the Bitcoin network that has been observed over the last month accelerated in a historic manner. On Sunday, the average block time exceeded 23 minutes, the highest average block time in a day in over a decade, with the only other occurrences of slower average daily block intervals occurring before bitcoin even had a market price, back in 2009.
The Daily Dive #012 - Historically Slow Average Bitcoin Block Time
The Daily Dive #012 - Historically Slow…
The Daily Dive #012 - Historically Slow Average Bitcoin Block Time
Over the weekend, the trend of falling hash rate on the Bitcoin network that has been observed over the last month accelerated in a historic manner. On Sunday, the average block time exceeded 23 minutes, the highest average block time in a day in over a decade, with the only other occurrences of slower average daily block intervals occurring before bitcoin even had a market price, back in 2009.