Bitcoin ‘block times’ hit lowest point in 10 years after China mining ban


Source: amazingcrypto.com amazingcrypto.com

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The Best Crypto News on the Planet Menu Close Bitcoin ‘block times’ hit lowest point in 10 years after China mining ban Bitcoin reached its slowest block time in 10 years on June 27, in what indicates a clear consequence of China’s mining ban. Bitcoin block time averages reached 23 minutes this week According to research by institutional crypto firm Galaxy Digital, on June 27, the block time average reached 23 minutes which is well above the 10 minute target time. The previous high was just under 18 minutes in late 2017. IT’S OFFICIAL: yesterday (june 27 2021), saw the...