I'm wondering about the duration it would take to complete 144 blocks. I need to know how much time it would require to finish this specific number of blocks.
7 answers
CryptoQueen
Mon Oct 21 2024
This consistent rate of block creation ensures the stability and security of the blockchain network.
Elena
Mon Oct 21 2024
This four-year period is significant in the context of Bitcoin, as it represents the estimated time frame for the mining of the total supply of Bitcoin, which is capped at 21 million coins.
FireFlyer
Mon Oct 21 2024
Consequently, if we calculate the total number of blocks mined per day, it averages out to 144 blocks.
Martino
Mon Oct 21 2024
Given this daily rate of block mining, we can estimate the time required to mine a significant number of blocks, such as 210,000.
alexander_rose_writer
Mon Oct 21 2024
The process of mining new blocks in a blockchain network, such as Bitcoin, occurs at a predetermined rate. On average, a new block is mined every 10 minutes.