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Bitcoin Fails to Produce 1 Block for over an Hour | Hacker Newswww.coindesk.com/business/2022/10/17/bitcoin-fails-to-produce-1-block-for-over-an-hour/
22 sats \ 7 comments \ @OneHungLow 17 Oct 2022 bitcoin
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15 sats \ 0 replies \ @nullama 17 Oct 2022
This headline is irrelevant. People really don't understand probability.
Sometimes it takes less than 10 minutes, sometimes more, but on average it will be 10 minutes per block.
And every 2016 blocks (about 2 weeks) the difficulty is changed to keep the 10 minutes per block on average.
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10 sats \ 1 reply \ @0322ee777777 17 Oct 2022
Nonstarter of a conversation piece.
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2 sats \ 0 replies \ @8 17 Oct 2022
Yeah I’ve seen One hour blocks once or twice before
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2 sats \ 0 replies \ @k00b 17 Oct 2022
Why does it have Hacker News appended to the title?
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0 sats \ 0 replies \ @l0k1 18 Oct 2022
Haha. It happens. I had a transaction waiting for it also. It's no big deal, I'd estimate it probably happens at least once a month.
With the increase in miners taking power from solar and wind farms when they are not in demand this is something that could get to be a problem long term.
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0 sats \ 0 replies \ @cryptocoin 18 Oct 2022
An archive of the article is here. An archive has no paywall, no subscription requirement, and can be easier to read.
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0 sats \ 0 replies \ @cryptocoin 18 Oct 2022
Nice ... Tadge Dryja points out how CoinDesk was either intentionally spreading misleading FUD or was ignorant:
Uhhh... is this a new monthly (in expectation) column from coindesk?
https://www.coindesk.com/business/2022/10/17/bitcoin-fails-to-produce-1-block-for-over-an-hour/
https://twitter.com/tdryja/status/1582003011475279873 [Nitter]
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